NAIROBI, May 23 - The following company announcements, scheduled economic indicators, debt
and currency market moves and political events may affect African markets on Wednesday. - - - - - GLOBAL MARKETS Asian shares were mostly weak on Wednesday with investors cautious after U.S. President Donald Trump tempered optimism over progress made so far in trade talks between the world's two largest economic powers. WORLD OIL PRICES Oil prices edged lower on Wednesday with the possibility of higher OPEC output weighing on the market, although geopolitical risks are expected to keep prices near multi-year highs. EMERGING MARKETS For the top emerging markets news, double click on AFRICA STOCKS For the latest news on African stocks, click on SOUTH AFRICA MARKETS South Africa's rand staged a modest recovery on Tuesday, as the dollar retreated after a recent rally. NIGERIA SHELL Lawyers for the Bodo community in Nigeria's oil-producing Niger Delta, which was devastated by two major oil spills a decade ago, went to court in London on Tuesday to fend off what they said was an attempt by Shell to kill off their litigation. NIGERIA RATES Nigeria's central bank kept its main interest rate at 14 percent on Tuesday, prompting some economists to question whether rate cuts will ever materialise in the wake of slowing inflation rates. KENYA MARKETS The Kenyan shilling weakened against the dollar on Tuesday as a result of increased demand from oil importers which exceeded diaspora remittances, traders said. DEMOCRATIC REPUBLIC OF CONGO HEALTH Two more people have died from Ebola in Democratic Republic of Congo, authorities said on Tuesday, as aid agencies battled to persuade sceptical residents about the severity of an outbreak that has killed 27 since April. DEMOCRATIC REPUBLIC OF CONGO AGRICULTURE In 2014, Democratic Republic of Congo officials trumpeted the launch of a sweeping initiative they said would solve food shortages in one of the world’s poorest countries. IVORY COAST COCOA Switzerland's Barry Callebaut plans to boost the annual grinding capacity of its facilities in Ivory Coast to 230,000 tonnes from 170,000 tonnes by 2022, CEO Antoine de Saint-Affrique said on state-owned broadcaster RTI. SOMALIA SECURITY A suicide car bomber from Somalia's Islamist group al Shabaab hit a military convoy outside Mogadishu on Tuesday, causing an unknown number of deaths, a police officer and the group's spokesman told Reuters. For the latest precious metals report click on For the latest base metals report click on For the latest crude oil report click on