By Ukumbi Afrika 
Nairobi—African markets begin the week with investors focused on global oil prices, currency movements, energy developments, debt restructuring and political risks across the continent.
Global Markets
Asian shares were cautious on Monday while oil prices eased as investors awaited details of expected U.S. sanctions on Iran. Markets are also watching renewed trade tensions, including pressure on the Canadian dollar amid concerns over a potential trade conflict with the United States.
Oil prices fell by more than $1 a barrel as investors took profits ahead of Washington's expected announcement on additional sanctions against Iran. The measures could further disrupt oil supplies from the Middle East.
Africa Stocks
Investors will monitor South African equities and broader African markets for reactions to movements in global commodities, currencies and interest-rate expectations.
South Africa Markets
The South African rand strengthened on Friday to its strongest level since the United States and Israel launched attacks on Iran on February 28.
The currency benefited from higher gold prices and a weaker U.S. dollar, reinforcing support for the commodity-linked rand.
Tanzania Energy
Tanzania commissioned a 2, 115-megawatt hydropower plant on Saturday, more than doubling the country's electricity generation capacity.
Officials said the additional power could create a surplus for electricity exports while supporting industrial expansion and economic growth.
The project represents a significant development for Tanzania's energy security and could strengthen the country's position as a regional electricity supplier.
Ethiopia Debt
Ethiopia moved closer to resolving its sovereign debt crisis after official creditors approved a preliminary agreement between the government and private investors to restructure its $1 billion Eurobond.
The agreement, announced by the finance ministry on Friday, marks another step toward Ethiopia's emergence from default and could improve investor confidence as the country works to restore access to international capital markets.
Zambia Politics
Political tensions remain a key risk in Zambia, where police have summoned opposition leader Brian Mundubile for questioning over alleged national security threats.
The development comes amid a continuing post-election dispute. Analysts warn that prolonged political tensions could damage Zambia's democratic reputation and potentially weigh on investor sentiment.
U.S. sanctions on Iran and their impact on oil supplies
Gold and oil price movements
South African rand and equity performance
Tanzania's expanded electricity-generation capacity
Ethiopia's $1 billion Eurobond restructuring
Political developments in Zambia
Source: Reuters