African Markets - Factors to watch on January 21

GLOBAL MARKETS

Asian stocks extended their losses for a third session on Wednesday, undone by heightened tensions over U.S. threats to acquire Greenland ahead of President Donald Trump's Davos speech, while a global bond rout appeared to slow for now.MKTS/GLOB nL4N3YL264

WORLD OIL PRICES

Oil prices fell on Wednesday as an expected build-up of U.S. crude inventories outweighed a temporary halt in output at two large fields in Kazakhstan and geopolitical pressure from U.S. threats of tariffs over its bid to gain control of Greenland.O/R nL1N3YM00U

EMERGING MARKETS

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AFRICA STOCKS

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SOUTH AFRICA MARKETS

The South African rand traded weaker for most of Tuesday's session as risk appetite waned amid geopolitical tensions, while traders also took in weaker-than-expected domestic mining data.nL1N3YL0OS

NIGERIA SECURITY

Five soldiers and one police officer were killed when troops were ambushed by militants in northwestern Nigeria on Monday, the military said on Tuesday.nL1N3YL0ZR

WEST AFRICA OIL

An overhang of February-loading West African crude cargoes was heard to be shrinking on Tuesday while differentials remained under downward pressure.nL6N3YL144

IVORY COAST COCOA

Ivory Coast's Coffee and Cocoa Council will buy 100,000 metric tons of surplus cocoa, Kobenan Kouassi Adjoumani, the agriculture minister in the world's top cocoa grower, told Reuters on Tuesday.nL1N3YL0HQ

GHANA COCOA

Some of Ghana's farmers have not been paid and investment in the next harvest is at risk as international traders refuse to pay the upfront sums the state regulator has sought under a new model for purchasing cocoa beans, sources said.nL8N3YL0RR

BENIN POLITICS

Benin's political opposition has failed to win any seats in parliament, according to provisional election results released over the weekend, as two parties aligned with President Patrice Talon secured control over the entire body.nL8N3YK0CF

MAURITIUS-CHAGOS SOVEREIGNTY

Mauritius said its sovereignty over the Chagos Archipelago had been unequivocally recognised by international law, responding to a social media post by U.S. President Donald Trump that criticised Britain's deal to cede the islands to Mauritius.nS8N3WG019

TOGO-BURKINA FASO RELATIONS

Togo has arrested and expelled Burkina Faso's former president to his home country after officials there accused him of attempting a coup, two sources told Reuters on Tuesday.nL6N3YL0XR

DEMOCRATIC REPUBLIC OF CONGO MINING

The Democratic Republic of Congo has sent Washington a shortlist of state-owned assets - including manganese, copper-cobalt, gold and lithium projects - for U.S. investors to consider as part of a minerals partnership, two senior Congolese officials said.nL8N3YK0G6

ETHIOPIA AVIATION

Africa's largest carrier Ethiopian Airlines placed an order for nine Boeing BA.N 787 Dreamliner jets amid growing demand for long-haul travel, the two companies said on Tuesday.nL4N3YL129

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