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RTRS:African Markets - Factors to watch on May 10
 
May 10 (Reuters) - The following company announcements, scheduled economic indicators, debt and currency market moves and political events may affect African markets on Tuesday.

- - - - -

EVENTS:

* BOTSWANA - Botswana central bank to issue results of its Treasury bill auction.

* KENYA - Ministry of Energy holds a news conference, most likely to revolve around the prospect of rises in fuel prices later in the month.

* GUINEA - First of a two-day mining symposium. Among the main topics will be Guinea's draft mining code that calls for increased state share in mining interests and tougher measures for securing concessions.

- - - - -

GLOBAL MARKETS

Oil prices slid after a 25 percent hike in trading margins for U.S. crude spread caution among traders about volatile commodity prices, while Greek woes pulled the euro down to a six-week low against the yen on Tuesday. [ID:nL3E7GA09C]

LIBYA CRISIS

A number of blasts were heard from apparent NATO missile strikes targeting Libyan leader Muammar Gaddafi's compound and other sites in Tripoli on Tuesday, witnesses said. [ID:nLDE74900D]

For more on Libya and the Middle East crisis, click on [ID:nTOPMEAST]

IVORY COAST

Switzerland has opened a money-laundering investigation following a criminal complaint lodged by the Ivory Coast government of President Alassane Ouattara, Swiss officials said on Monday. [ID:nLDE7481IK]

Also, Ivory Coast should be able to export around 50,000 tonnes of cocoa this month, after exports that had been halted by a violent political crisis resumed on Sunday, the head of the regulating body said on Monday. [ID:nLDE7481J6]

AFRICA STOCKS

For the latest news on African stocks, click on [.J]

AFRICA FIXED INCOME

For news on African fixed income, click on [ID:nLDE7331JS]

SOUTH AFRICA MARKETS

South African rand weakened against the dollar on Monday, giving up its earlier gains partly on Reserve Bank and importers' demand for dollar. [ID:nLDE7481XV]

NIGERIA MARKETS

Nigerian banking stocks extended gains buoyed by optimism by 2010 and first-quarter results showing most lenders returning to profitability and by a bullish report on the sector by Renaissance Capital.

The banks outperformed the all-share index .NGSEINDEX, which closed down fractionally at 25,262.50 points.

Also, the naira NGN=D1 eased against the dollar on the interbank market on Monday after the central bank sold dollars at a higher rate than last week at its foreign exchange auction. [ID:nLDE7481IS]

NIGERIA AMNESTY

A radical Islamist sect in remote northeastern Nigeria, blamed for almost daily killings and attacks, on Monday rejected an offer of an amnesty. [ID:nLDE74828N]

KENYA MARKETS

The Nairobi Stock Exchange's benchmark NSE-20 share index .NSE20 was little changed, inching down 0.03 percent to 4,035.26 points on Monday, while the all share index .NASI was down 0.46 percent to end at 94.88 points.

The shilling KES= closed at 84.55/65 against the dollar, its weakest since April 6 and compared with Friday's close of 84.15/25.

Also, Kenya's stock market will rise this week supported by local investors locking in shares in a number of companies due to pay dividends, while a further boost may come from rising demand for banks which report first-quarter results this month. [ID:nLDE7481B5]

KENYA BONDS

Central Bank of Kenya said on Monday it was offering a new 20-year, and re-opened a 10-year and a two-year treasury bonds for sale to raise up to 18 billion shillings ($223.6 million). [ID:nWEA9469]

KENYA FUEL

A leading Kenyan oil marketer, KenolKobil (KENO.NR) said on Monday it expects local pump prices to rise sharply at the next monthly fuel review, which is likely to put pressure on inflation. [ID:nLDE7481Q3]

UGANDA TOURISM

Uganda may be losing up to $100 million monthly in tourism earnings as a result of the ongoing walk-to-work demonstrations against sky-high food and fuel prices, industry officials said on Monday. [ID:nLDE7481CX]

RWANDA BANK SHARE SALE

Rwanda has decided to float a further 20 percent of its shareholding in Banque de Kigali (BK), the country's largest bank by assets, to boost its treasury, a capital markets official said on Monday. [ID:nLDE7481KB]

GHANA MARKETS

The Ghana cedi GHS= eased against the U.S. dollar in quiet trade on Monday, but retains a stable rangebound outlook on low corporate demand and robust greenback supply, traders said. [ID:nLDE6B61SU]

GHANA COCOA

Ghana cocoa purchases will total between 900,000 and 950,000 tonnes this season, the deputy head of the country's cocoa regulator said on Monday. [ID:nLDE748240]

BOTSWANA TRADE

Botswana's trade deficit widened to a record high of 2.25 billion pula (US$335 million) in February on a sharp fall in diamond and beef exports, Statistics Botswana said on Monday. [ID:nLDE7481PH]

NAMIBIA BIOFUELS

Namibia may ban large-scale growing of biofuel crops in the fertile Kavango and Caprivi regions after a recommendation by Environment and Tourism Minister Netumbo Nandi-Ndaitwah, the Namibian Sun reported on Monday. [ID:nLDE7480KH]

ZIMBABWE MINING

Angloplat AMPJ.J and Implats (IMPJ.J), the world's top platinum miners, are cooperating with Zimbabwe on proposals to sell majority shares in their local operations to blacks, a government minister said on Monday. [ID:nLDE7481Z9]

For the latest precious metals report click on [GOL/]

For the latest base metals report click on [MET/L]

For the latest crude oil report click on [O/L]

FINANCIALS
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