#Africa #Markets | 21 May

By Rafiq Raji, PhD
Twitter: @DrRafiqRaji

Global Markets

  • Asian stocks off 4-mth lows, but Huawei row weighs
  • Asian shares hobbled by US-China tech battle
  • Spreadbetters expect firmer open for European stocks
  • Fed’s Powell dismisses concerns about rising debt levels
  • Chip-related shares under pressure

Oil Markets

  • Oil rises on US-Iran tensions, but trade war concerns weigh
  • Trump threatens Iran with “great force”
  • OPEC expected to continue supply cuts into H2 2019
  • Brent up 0.4 pct at $72.24 per barrel (0534GMT)
  • WTI up 0.4 pct at $63.36 a barrel

Precious metals

  • Gold eases as dollar steals safe-haven thunder
  • Spot gold down 0.1 pct at $1,276.02 per ounce (0106GMT)
  • US gold futures down 0.1 pct at $1,276.10 per ounce

Grains

  • Corn hits near 1-yr high on slow US planting pace
  • Most active CBOT wheat futures up 1.2 pct at $4.83-3/4 per bushel (0057GMT)
  • Most active corn futures up 1.2 pct at $3.93-3/4 per bushel
  • Most active soy futures up 0.8 pct at $8.38 per bushel
  • Most active rice futures unchanged at $11.23 per hundredweight

Key African events or data releases today
[Posts & comments at my Twitter handle @DrRafiqRaji]

  • Malawi elections; #MalawiDecides2019
  • Ghana CEO summit in Accra; day 2
  • South Africa state capture inquiry continues
  • South Africa PIC inquiry continues
  • UK-West Africa Agritech summit in Nigeria
  • Nigeria’s Buhari expected back to Abuja from Saudi Arabia

Key African events or data releases yesterday & early a.m today
[Posted & commented on some headlines below at my Twitter handle @DrRafiqRaji]

  • Malawians vote in tough election for President Mutharika
  • Talks on Sudan’s political transition fail to produce deal for second day
  • Ex-Credit Suisse banker pleads guilty to US charge over Mozambique loan
  • Athletics – South Africa’s Semenya to contest 3,000-metres at Prefontaine Classic
  • Libyan gunmen halt water pipeline to besieged Tripoli
  • Soccer-Ghana striker Gyan calls time on international career
  • Egypt’s prosecutor orders release of seven opposition figures – source
  • Zimbabwe scraps official parity for fuel imports
  • Congo Republic senate approves restructuring of China debt
  • Kenya suspends gambling ad ban after musician complains
  • Egypt women use ancient Indonesian martial arts to fight abuse
  • Lawyers for South Africa’s Zuma tell court he is being treated unfairly
  • Zambia seeks ‘divorce’ from Vedanta over alleged mining breaches
  • Africa Oil – Flurry of tenders as Nigerian programmes emerge
  • Schoolgirls used as human shields in Congo due to ‘magical powers’ – charities
  • Kenya banks to test mobile lending app to ease SME squeeze
  • Somalia passes petroleum law, paving way for exploration
  • Algeria’s army chief says elections are best way out of crisis
  • Coca-Cola ends plan to refranchise Africa bottling unit, keeps majority stake
  • South Africa’s Amplats fires over 600 underground workers at its Mototolo mine
  • Zambia’s Lungu seeks new investor in Vedanta-controlled copper mine
  • Ethiopia starts rationing electricity for homes and industries
  • Uganda shilling unchanged on lacklustre importer appetite
  • South Africa’s Aspen sells Australian prescription portfolio to Mylan
  • Tanzania’s fines Acacia Mining $2.4 mln over alleged pollution
  • Nigeria’s economic growth slows in Q1 as oil sector shrinks
  • Kenya shilling holds firm against the greenback
  • Nigeria’s economy grew 2.01% in Q1 2019 – stats office
  • South Africa’s Barloworld H1 earnings jump 14%
  • Sudan military and opposition resume talks after street violence

N.B. Full stories of above headlines are available on Reuters

#Africa #Markets | 20 May

By Rafiq Raji, PhD
Twitter: @DrRafiqRaji

Global Markets

  • Australian, Indian elections boost Asian shares, trade fears ease
  • MSCI Asia ex-Japan +0.5%; China blue-chips drag
  • Elections lift shares in Australia, India
  • Oil up more than 1.3 pct after Saudi minister comments

Oil Markets

  • Oil rises after OPEC+ says to keep output cuts, Iran tension rises
  • Brent hits highest since late April
  • US oil touches nearly 3-wk high
  • Brent up 1.3 pct at $73.11 a barrel (0604GMT)
  • WTI up 1.1 pct at $63.47 a barrel

Precious metals

  • Gold steadies as trade tensions, Iran worries in focus
  • Spot gold up 0.1 pct at $1,278.06 per ounce (0137GMT)
  • US gold futures up 0.2 pct at $1,278 an ounce

Grains

  • Corn jumps more than 1 pct as rains threatens more delays
  • Most active CBOT wheat futures up 1.4 pct at $4.71-1/2 per bushel (0119GMT)
  • Most active corn futures up 1.3 pct at $3.88-1/4 per bushel
  • Most active soy futures up 0.9 pct at $8.29-1/2 per bushel
  • Most active rice futures down about 0.1 pct at $11.07 per hundredweight

Key African events or data releases today
[Posts & comments at my Twitter handle @DrRafiqRaji]

  • Nigeria central bank MPC meeting starts; decision tomorrow [fcst. 13.5%, prev. 13.5%]
  • 4th Ghana CEO summit in Accra; 20-21 May
  • Nigeria GDP Q1-2019 [act. 2.0% yy, fcst. 2.3%, prev. 2.4%]
  • South Africa state capture inquiry resumes
  • South Africa PIC inquiry resumes

Key African events or data releases over the weekend & early a.m today
[Posted & commented on some headlines below at my Twitter handle @DrRafiqRaji]

  • Kenya shilling holds firm against the greenback
  • Nigeria’s economy grew 2.01% in Q1 2019 – stats office
  • South Africa’s Barloworld H1 earnings jump 14%
  • South Africa’s rand firmer as risk selloff pauses
  • Sudan military and opposition resume talks after street violence
  • Explosion targets tourist bus near near Egypt musuem
  • Saudi Arabia deposits $250 mln into Sudan’s central bank
  • Zimbabwe central bank says it secures $500 mln to ease dollar shortages
  • Sudan commander says democratic elections are his goal
  • Schwarzenegger struck by flying kick at South Africa sports event
  • Malawi’s president makes final plea for re-election in tight race
  • Forces loyal to Libya’s UN-backed govt receive military hardware
  • Libya’s NOC chief says instability could lead to 95% oil production loss
  • Ethiopia starts rationing electricity for homes and industries
  • At disaster forum, storm-hit Mozambique says will seek help to build back better
  • South Africa’s Sibanye wins final regulatory go-ahead for Lonmin deal
  • Zambia’s president insists on tax changes opposed by mining firms
  • South Africa power utility Eskom raises $361 mln through loan drawdowns
  • Africa Oil – European demand seen higher on crude shortages, high gasoline cracks
  • Egypt’s Sisi pardons 560 prisoners
  • South Africa’s Ramaphosa appoints head of anti-corruption unit
  • IMF: Mozambique debt talks with VTB almost finalised, cyclone hits growth
  • Algeria election may be postponed, protests continue
  • IMF staff agrees to disburse final $2 bln tranche of Egypt loan
  • Acacia Mining says Tanzania mine to be issued environmental protection order
  • Uganda shilling inches up as tax payments help
  • South Africa’s Sibanye wins final go-ahead for Lonmin deal
  • Total CEO says planned buy of Anadarko’s Africa assets ‘perfectly fitting’

N.B. Full stories of above headlines are available on Reuters

#Africa #Markets | 17 May

By Rafiq Raji, PhD
Twitter: @DrRafiqRaji

Global Markets

  • Asia shares shudder as Beijing talks tough
  • Shanghai shares skid as Trump targets Huawei
  • Asia index ex-Japan hits 15-wk trough
  • Yen edges higher as mood turns risk averse
  • Bitcoin suddenly tumbles, then pares losses

Oil Markets

  • Oil steady as Middle East tensions mount, set for weekly gains
  • Brent down 1 cent at $72.61 a barrel (0658GMT)
  • WTI up 8 cents at $63.95 a barrel

Precious metals

  • Gold prices wobble as risk sentiment improves
  • Spot gold may fall towards $1,264 – analyst
  • Silver hits 5-mth low
  • Palladium down 19 pct since scaling record peak in March
  • Spot gold mostly unchanged at $1,286.27 per ounce (0732GMT)
  • US gold futures steady at $1,286.90 an ounce

Grains

  • Corn jumps to 3-mth high, set for biggest weekly gain in nearly 4 years
  • Most active CBOT wheat futures up 0.6 pct at $4.69-3/4 per bushel (0050GMT)
  • Most active corn futures up 0.7 pct at $3.81-3/4 per bushel
  • Most active soy futures up 0.2 pct at $8.41-1/4 per bushel
  • Most active rice futures up 0.1 pct at $10.92 per hundredweight

Key African events or data releases today
[Posts & comments at my Twitter handle @DrRafiqRaji]

  • South Africa state capture inquiry continues
  • Nigeria supreme court to rule on sacked chief justice Onnoghen case
  • Microsoft Africa Development Centre launch in Lagos, Nigeria
  • World Telecommunications and Information Society Day #WTISD19

Key African events or data releases yesterday & early a.m today
[Posted & commented on some headlines below at my Twitter handle @DrRafiqRaji]

  • South Africa’s Sibanye wins final go-ahead for Lonmin deal
  • South Africa’s rand weakens as dollar boosted by solid data
  • Why Zimbabwe faces worst power cuts in 3 years
  • Lawyer requests Morocco state compensation for families of murdered Scandinavian
  • Total CEO says planned buy of Anadarko’s Africa assets ‘perfectly fitting’
  • Small plane crashes in Dubai killing 3 Britons, one South African – statement
  • South Africa’s Sibanye-Stillwater plans to resume dividend payments in 2020
  • Nigerian Stock Exchange aims to complete public listing this year – CEO
  • Chinese firms seek Turkey partners in Africa – Turkish contractors’ chief
  • Emerging market foreign direct investment tumbles – IIF
  • Facebook says removes 265 “fake accounts” linked to Israel
  • France’s Macron to meet Libya’s eastern commander Haftar next week – presidency
  • Standing tall: first black African woman scales Everest
  • Africa Oil – Angolan crude exports to edge up in July, diffs to stay high
  • Sudan opposition decries army’s suspension of talks, sees growing anger
  • Malawi president faces tough election against deputy, former pastor
  • De Beers, Namibia invest in new diamond mining ship
  • Uganda opposition figure says state is financially strangling him
  • Kenya to finalise IMF deal within 2 months, rate cap “no issue” – finmin
  • MTN Nigeria debuts in Lagos in $6.5 bln listing
  • ‘Safe haven’ for fleeing families hit by attacks in Burkina Faso
  • Zambian kwacha seen on the ropes, Kenyan shilling to firm; in week ahead
  • Nigeria central bank head Emefiele to serve 2nd 5-yr term
  • South Africa’s Tongaat Hulett, lenders to consider standstill agreement
  • Motor racing – F1 in talks with Marrakesh and Kyalami for African race
  • Egypt forces kill 47 militants, lose 5 of their own men – military
  • Kenya easily raises $2.1 bln eurobond, debt concerns linger
  • Burundi moves to seize assets of opponents in exile
  • MTN Group sees local ownership of MTN Nigeria at 35% post-IPO – investors
  • Kenya’s KCB Group sees acquisition of NBK sealed by October
  • Gold miner Metallon demands $132 mln from Zimbabwe central bank – documents
  • Investec battles Brexit, weak South African economy
  • South Africa’s Dis-Chem annual profit misses estimates
  • South Africa’s Investec reports 3.6 pct rise in full-year earnings

N.B. Full stories of above headlines are available on Reuters

#Africa #Markets | 16 May

By Rafiq Raji, PhD
Twitter: @DrRafiqRaji

Global Markets

  • Asia shares slip as US sanctions on Huawei threaten fresh tensions with China
  • Asia stocks slip after US unveils sanctions on Huawei
  • Australian jobs data spurs rate cut expectations
  • Soft US, China economic data underscore slowdown
  • US bond yields dip, 2-yr yields hits 15-mth low

Oil Markets

  • Oil edges up for 3rd session on Mideast tensions
  • Market shrugs off gain in US crude oil inventory
  • Uncertainty over OPEC supply helping to cap price gains
  • Brent up 0.6 pct at $72.18 a barrel (0612GMT)
  • WTI up 0.6 pct at $62.40 per barrel

Precious metals

  • Gold holds steady as rising equities counter safe-haven demand
  • Spot gold steady at $1,295.84 per ounce (0103GMT)
  • US gold futures down 0.1 pct at $1,296.90 an ounce

Grains

  • Corn jumps 1.5 pct as rains threaten to further slow planting
  • Most active CBOT corn futures up 1.6 pct at $3.75-1/2 a bushel (0044GMT)
  • Most active wheat futures up 0 .7 pct at $4.52-1/2 a bushel
  • Most active soybean futures up 1.6 pct at $8.15 a bushel

Key African events or data releases today
[Posts & comments at my Twitter handle @DrRafiqRaji]

  • Ethiopia’s ruling EPRDF executive committee meets
  • 2019 Transform Africa summit in Kigali rounds up; day 3
  • South Africa state capture inquiry continues
  • MTN to list on Nigerian Stock Exchange
  • South Africa’s EFF post-election press conference

Key African events or data releases yesterday & early a.m today
[Posted & commented on some headlines below at my Twitter handle @DrRafiqRaji]

  • South Africa’s rand slips as trade tensions weigh on risk demand
  • South Africa’s Investec reports 3.6 pct rise in annual earnings
  • Low prices, promotions lift South Africa’s Dis-Chem annual profit
  • Sudan opposition regrets military council’s suspension of talks
  • Kenya raises $2.1 bln with dual-tranche eurobond
  • Sudan forces clear protesters with gunfire; talks suspended for 72 hours
  • From camel to cup: Camel milk froths hopes in drought-hit Kenya
  • Libya general Haftar did not consult with UAE before his move on Tripoli – minister
  • Zimbabwe to rebase economy after adopting new currency – finmin
  • Mozambique needs $3.2 bln for post-cyclone reconstruction – local media
  • UN calls on Tunisia to immediately release detained official
  • Clashing tribes and shrinking grassland as Kenya airport sparks
  • At least 17 Niger soldiers killed in ambush – govt spokesman
  • Sudan forces fire into air, seeking to clear protesters from central Khartoum – Reuters
  • Egypt’s Sisi opens huge suspension bridge over the Nile
  • Africa Oil – Bonny Light force majeure lifted, Angolan programme awaited
  • South Africa’s Long4Life beats sales estimates, shares jump
  • Uganda agrees to pay oil firms more to use planned pipeline
  • Zimbabwe platinum mines to ride out power cuts, gold output less secure
  • Tunisia’s economic growth slows to 1.1 pct in first quarter
  • South Africa retail sales up 0.2 pct y/y in March
  • Uganda shilling holds steady against the dollar
  • South Africa’s Ramaphosa says to speed up economic reforms, fix Eskom
  • Tharisa seeks to tap Zimbabwe’s battery minerals potential
  • Egypt unemployment rate drops to 8.1 pct in Q1 2019 – statistics agency
  • South Africa’s Ramaphosa says committed to speedy economic reforms
  • Nigeria consumer inflation edges up to 11.37 pct in April – stats office
  • MTN Nigeria eyes debt and equity sale after stock market listing
  • South Africa’s Spar in final stages of talks to buy controlling stake in Polish retail chain
  • Fights to end polio, contain ebola made tougher by rising violence, research finds
  • Egypt’s EGAS offers 13 LNG cargoes for June-July – sources

N.B. Full stories of above headlines are available on Reuters

#Africa #Markets | 15 May

By Rafiq Raji, PhD
Twitter: @DrRafiqRaji

Global Markets

  • Asia stocks bounce from 3-1/2-mth lows as trade fears soften
  • MSCI Asia-Pacific index up 0.5%, Nikkei sheds 0.1%
  • Stocks up as US President Trump softens trade rhetoric
  • China industrial output, retail sales fall short of forecasts
  • Oil surge stalls on bigger-than-expected US inventory build

Oil Markets

  • Oil prices ease on surprise rise in US stockpiles, but Middle East tensions support
  • Brent down 0.5 pct at $70.90 a barrel (0100GMT)
  • WTI down 0.6 pct at $61.39 a barrel

Precious metals

  • Gold steadies off 1-mth peak on Sino-US trade talk hopes
  • Spot gold steady at $1,297.45 per ounce (0136GMT)
  • US gold futures steady at $1,298 an ounce

Grains

  • Most active CBOT wheat futures up 0.2 pct at $4.49-1/4 per bushel (0115GMT)
  • Most active corn futures up 0.3 pct at $3.69-3/4 per bushel
  • Most active soy futures down 0.1 pct at $8.30-1/2 per bushel
  • Most active rice futures down 0.5 pct at $10.96 per hundredweight

Key African events or data releases today
[Posts & comments at my Twitter handle @DrRafiqRaji]

  • Nigeria inflation data for Apr-19 [fcst. 11.1% yy, prev. 11.3%]
  • South Africa retail sales data for Mar-19 [fcst. 1.2% yy, prev. 1.1%]
  • Nigeria presidential election tribunal pre-trial hearing of main opposition PDP petition
  • South Africa state capture inquiry resumes
  • South Africa PIC inquiry continues

Key African events or data releases yesterday & early a.m today
[Posted & commented on some headlines below at my Twitter handle @DrRafiqRaji]

  • South African rand steady amid US-China trade talk hopes
  • Souht Africa’s Long4Life reports annual profit, suspends dividend
  • MTN Nigeria arranging naira funding as it prepares for listing
  • South Africa’s Spar in final stages of talks to buy controlling stake in Polish retail chain
  • MTN Nigeria plans to sell shares via public offering in future
  • Fights to end polio, contain ebola made tougher by rising violence, research finds
  • Egypt’s EGAS offers 13 LNG cargoes for June-July – sources
  • Sudan military council, opposition inch closer to final deal
  • Sudan committee to investigate targeting of protesters – military council
  • Sudan transition to last 3 years – military coucil
  • Force majeure lifted on exports of Nigeria’s Bonny Light oil
  • Violence overshadows Sudan’s transition push
  • Barrick Gold prepping sale of Zambian copper mine in H2 – sources
  • Libya aid agencies seek UN resolution to protect people caught up in fighting
  • Macron wants to meet Libya’s Haftar to push ceasefire – French foreign minister
  • Africa Oil – Trade slow as new programmes awaited, backwardation weighs
  • South Africa’s Nasper sells Brazilian online comparison site Buscape
  • Exxon’s Mozambique LNG project plan gets approval
  • MTN targets Thursday for long-planned Nigeria listing
  • First aid in years lifts hope for cut-off towns in CAR
  • Gabon finds 200 missing containers of rare hardwood – prosecutor
  • Uganda shilling weakens as offshore investors buy dollars
  • Microsoft to spend $100 mln on Kenya, Nigeria tech development hub
  • Libya aid agencies seek UN resolution to protect people caught up in fighting
  • Somalia’s economy on right path, but still vulnerable – IMF
  • Liberians grapple with potential loss of US legal status
  • South African unemployment rises, in challenge for Ramaphosa
  • South Africa’s unemployment rate rises to 27.6% in Q1
  • Egypt teaches students about love and marriage in attempt to curb divorce
  • Uganda shakes up electricity access amid global infrastructure reset
  • South Africa’s Kumba Iron Ore sees higher H1 headline profit
  • Somalia’s economy could strengthen to 3% in 2019 – IMF

N.B. Full stories of above headlines are available on Reuters

#Africa #Markets | 14 May

By Rafiq Raji, PhD
Twitter: @DrRafiqRaji

Global Markets

  • Asian shares fall to 3-1/2 month low as trade war escalates
  • MSCI Asia ex-Japan -0.9%, hits lowest since Jan 30
  • Nikkei -0.8%, touches more than 3-mth low
  • China shares down at midday in volatile trade
  • US stock futures higher, yen lower following Trump comments

Oil Markets

  • Oil prices edge up, but US-China trade tensions cap gains
  • Brent up 0.1 pct at $70.27 a barrel (0104GMT)
  • WTI up 0.2 pct at $61.17 a barrel

Precious metals

  • Gold steadies near 1-mth peak as trade escalation lifts safe-haven demand
  • SPDR Gold holdings sees best 1-day gain in nearly 2 mths
  • Spot gold mostly steady at $1,298.48 per bushel (0255GMT)
  • US gold futures down 0.2 pct at $1,299.20

Grains

  • Corn jumps as USDA says planting pace lagging
  • USDA says 30 pct of corn acres planted
  • Wheat rallies on strenght in corn
  • Soybeans rebound from more than 10-yr low
  • Most active CBOT corn futures up 1.8 pct at $3.63 a bushel (0044GMT)
  • Most active wheat futures up 0.8 pct at $4.40-1/2 per bushel
  • Most active soybean futures up 1.6 pct at $8.15 a bushel

Key African events or data releases today
[Posts & comments at my Twitter handle @DrRafiqRaji]

  • Liberia’s Weah to meet June 7 protesters
  • Nigeria presidential election tribunal pre-trial hearing of HDP petition; PDP’s on 15 May
  • South Africa PIC inquiry continues
  • Ethiopia’s Zewde on state visit to Kenya
  • South Africa labour statistics for Q1-19 expected; unemployment rate [prev. 27.1%], unemployed persons [prev. 6.1M]

Key African events or data releases yesterday & early a.m today
[Posted & commented on some headlines below at my Twitter handle @DrRafiqRaji]

  • Somalia’s economic growth pace could rise to 3% in 2019 – IMF
  • Clashing tribes and shrinking grassland as Kenyan airport sparks property boom
  • Clashes in Sudan’s capital after deal on transitional power structure
  • Sudan’s military council says officer killed, protesters wounded – statement
  • Political games hinder efforts to end ebola outbreak in Congo – WHO
  • Gabon vows no mercy over theft of hardwood worth nearly $250 mln
  • Zimbabwe faces worst power cuts in 3 years, mines hit
  • Africa Oil – Angolan clears, July programme expected by weekend
  • Sudan charges Bashir with involvement in killing of protesters – public prosecutor
  • Sudan’s military council says structure of transitional bodies agreed
  • South Africa – Ramaphosa’s economic reforms in focus as ANC adjusts to smaller majority
  • Sudan forces disperse protest in Khartoum North – Reuters witness
  • Kenya shilling holds steady against the dollar
  • Uganda shilling inches up against the dollar
  • Egypt’s new desert capital faces delays as it battles for funds
  • Tanzania to offer 26 big game hunting blocks in new auction
  • Zimbabwe starts rolling power cuts, hitting mines, industry
  • Kenya watchdog approves Commercial Bank of Africa and NIC Group merger
  • South Africa’s Vodacom earnings fall 6.6% on black share scheme
  • South African rand falls on risk aversion as US-China trade war heats up

N.B. Full stories of above headlines are available on Reuters

#Africa #Markets | 13 May

By Rafiq Raji, PhD
Twitter: @DrRafiqRaji

Global Markets

  • Stocks, yuan fall as Sino-US trade talks deadlocked; investors await China retaliation
  • Trump-Xi talks likely at G20 summit in June: White House advisor
  • Major currencies calm for the moment; Bitcoin at 9-mth highs

Oil Markets

  • Oil prices fall amid US-China trade impasse
  • Brent down 0.2 pct at $70.49 a barrel (0013GMT)
  • WTI down 0.4 pct at $61.31 a barrel

Precious metals

  • Gold firms as US-China trade impasse fuels safe-haven demand
  • Spot gold up 0.1 pct at $1,286.59 per ounce (0113GMT)
  • US gold futures steady at $1,287.90 an ounce

Grains

  • Soybeans fall to more than 10-yr low on US-China trade woes
  • Most active CBOT wheat futures down 0.6 pct at $4.22-1/4 per bushel (0100GMT)
  • Most active corn futures down 0.4 pct at $3.50-1/4 per bushel
  • Most active soy futures down 0.6 pct at $8.04-1/2 per bushel
  • Most active rice futures up 0.4 pct at $11.03 per hundredweight

Key African events or data releases today
[Posts & comments at my Twitter handle @DrRafiqRaji]

  • South Africa’s ruling ANC to hold special NEC meeting in Pretoria today
  • South Africa’s DA federal executives to meet today
  • South Africa labour statistics on 14 May
  • South Africa PIC inquiry resumes
  • South Africa state capture inquiry resumes on 15 May
  • South Africa retail sales data for Mar-19 on 15 May

Key African events or data releases over the weekend & early a.m today
[Posted & commented on some headlines below at my Twitter handle @DrRafiqRaji]

  • Voice of resilience: Kenyan radio builds herders’ trust in drought insurance
  • South Africa’s Vodacom FY down 6.6% on black ownership deal
  • Soccer-US beat South Africa beat 3-0 in Women’s World Cup warm-up
  • Egypt condemns actions against four ships near UAE territorial waters
  • South Africa’s ANC celebrates election win with street party
  • Egypt sentences two to death over church attack
  • ANC keeps power in South Africa but scandals cost it votes
  • South Africa’s ANC wins majority in parliamentary election – electoral commission
  • South Africa’s Ramaphosa targets reforms after election win
  • Hostages freed in Burkina Faso offer condolences for fallen French commandos
  • Provisional results show South Africa’s ANC wins parliamentary election
  • Sudan delivers fuel to power stations, has enough flour for June
  • Tripoli urges Trump to stop Haftar’s backers meddling in Libya
  • Dozens of migrants drown off Tunisia coast after leaving Libya
  • Nigeria says ex-president and his oil minister took bribes – court filing
  • Glencore’s Zambian unit to close two mine shafts
  • UN Security Council calls for ceasefire in Libya
  • Congo’s ebola outbreak ‘unlikely’ to be contained unless violence stops
  • South Africa rand firms as ANC heads for re-election
  • Sudan protesters dig in at sit-in-site during Muslim fasting month
  • Namibia women say #MeToo in new movement against sexual violence
  • Africa Oil – Buyers elusive for last Angolan cargoes, tighter Iran sanctions loom
  • Nigeria bonds rally on central bank governor’s nomination, stocks falter
  • Tens of thousands march to demand change in Algeria
  • Morocco claims success in reducing illegal migration to Spain
  • Kenya arrests 75 tax officials on suspicion of corruption
  • Zambia delays receipt of $2.6 bln in loans as debt soars
  • Ghana’s Pecan oilfield approval seen by late-Q3 – Aker CEO
  • Nigeria militia frees nearly 900 children used in war on Boko Haram – UNICEF
  • Two French soldiers killed in rescue of four hostages in West Africa
  • Kenyan shilling steady on tight money market liquidity
  • Uganda shilling unchanged amid limited activity
  • Nigeria bonds, naira rally after central bank governor gets second term nomination – traders
  • South Africa’s competition court to rule on Sibanye and Lonmin merger
  • Miner Lonmin says delays in Sibanye-Stillwater deal to hurt sales
  • After ousting Bashir, Sudna’s activists struggle to loosen military’s grip

N.B. Full stories of above headlines are available on Reuters