<p>NAIROBI, Jan 20 (Reuters) - The following debt and currency market moves and political events may affect African markets on Tuesday.</p>
<hr/>
<h3>EVENTS</h3>
<p>South African government bond auction</p>
<p>South Africa’s November mining data  (ZAMNG=ECI)</p>
<h3>GLOBAL MARKETS</h3>
<p>Asian stocks fell on Tuesday, while the dollar remained</p>
<p>under pressure and U.S. Treasury yields climbed to their</p>
<p>highest level in more than four months, as a resurgence of</p>
<p>trade-war concerns hit risk sentiment and sparked selling in</p>
<p>U.S. assets. (MKTS/GLOB)</p>
<h3>WORLD OIL PRICES</h3>
<p>Oil prices rose on Tuesday after better-than-expected</p>
<p>economic growth data from China lifted demand optimism, with</p>
<p>markets also watching President Donald Trump’s threats of</p>
<p>increased U.S. tariffs on European nations over his desire</p>
<p>to buy Greenland. (O/R)</p>
<h3>EMERGING MARKETS</h3>
<p>For the top emerging markets news, double click on</p>
<h3>AFRICA STOCKS</h3>
<p>For the latest news on South African stocks, click on  (.J)</p>
<h3>SOUTH AFRICA MARKETS</h3>
<p>South Africa’s rand was subdued on Monday as risk appetite</p>
<p>waned amid geopolitical tensions and traders looked ahead to</p>
<p>domestic inflation data due this week for clues on the</p>
<p>central bank’s rate-cutting path.</p>
<h3>NIGERIA SECURITY</h3>
<p>Armed bandits abducted dozens of worshippers from two</p>
<p>churches in Nigeria’s Kaduna state, police said on Monday,</p>
<p>while a senior church leader put the number of those missing</p>
<p>at more than 160.</p>
<h3>MOZAMBIQUE FLOODS</h3>
<p>Severe floods from heavy rains have forced thousands to flee</p>
<p>homes in Mozambique and left some stranded on roofs as</p>
<p>surging waters swamp settlements, aid workers and witnesses</p>
<p>said on Monday.</p>
<h3>IVORY COAST COCOA</h3>
<p>Mostly below-average rains combined with sunny intervals</p>
<p>last week in much of the Ivory Coast’s main cocoa regions</p>
<p>supported the development of the upcoming April-to-September</p>
<p>mid-crop, farmers said on Monday.</p>
<h3>WEST AFRICA OIL</h3>
<p>West African crude oil differentials narrowed as high</p>
<p>freight costs continued to weigh on the market’s</p>
<p>competitiveness.</p>
<h3>BENIN POLITICS</h3>
<p>Benin’s political opposition has failed to win any seats in</p>
<p>parliament, according to provisional election results</p>
<p>released over the weekend, as two parties aligned with</p>
<p>President Patrice Talon secured control over the entire</p>
<p>body.</p>
<h3>DEMOCRATIC REPUBLIC OF CONGO SECURITY</h3>
<p>Congolese soldiers and combatants from a pro-government</p>
<p>militia have re-entered the eastern town of Uvira, residents</p>
<p>said on Monday, just over a month after it fell to</p>
<p>Rwanda-backed M23 rebels in a blow to peace efforts mediated</p>
<p>by the Trump administration.</p>
<h3>KENYA OIL PIPELINE</h3>
<p>Kenya began selling a 65% stake in its state oil pipeline</p>
<p>company on Monday, seeking to raise 106.3 billion shillings</p>
<p>($825 million) in what would be East Africa’s biggest</p>
<p>initial public offering in local-currency terms.</p>
<h3>SOUTH SUDAN SECURITY</h3>
<p>South Sudan’s main opposition faction called on its forces</p>
<p>on Monday to advance on the capital Juba after they captured</p>
<p>a strategic town last week.</p>
<p>For the latest precious metals report click on  (GOL/)</p>
<p>For the latest base metals report click on  (MET/L)</p>
<p>For the latest crude oil report click on  (O/L)</p>

USDU

<p>Nairobi, Jan 20 (Reuters) - Key factors affecting African markets include South Africa's government bond auction and November mining data. Global markets saw Asian stocks decline, with the dollar under pressure and U.S. Treasury yields rising. Oil prices increased due to positive economic growth data from China. In Nigeria, armed bandits abducted worshippers, while Mozambique faced severe floods. Benin's opposition failed to secure parliamentary seats, and Kenya initiated the sale of a 65% stake in its state oil pipeline company. South Sudan's opposition faction called for advances on Juba after capturing a strategic town.</p>

African Markets - Factors to watch on January 20