EVENTS: SENEGAL - The International Monetary Fund launches its latest report on the outlook for African economies. GLOBAL MARKETS Asian stock markets were mixed on Tuesday following a flat close on Wall Street, as investors searched for the next catalyst following France's presidential election, while oil inched higher on expectations OPEC supply cuts will be extended. WORLD OIL PRICES Oil prices gave up earlier gains on Tuesday, as concerns over slowing demand and a relentless rise in U.S. crude output undermined the impact of hopes that OPEC-led production cuts could be extended. 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 weakened on Monday, giving back some of Friday's strong gains as investors favoured developed market currencies after the French election result calmed fears the country would follow Britain out of the European Union. NIGERIA MARKETS The Nigerian naira traded at about 400 to the dollar in deals for investors on Monday, traders told Reuters, two weeks after the central bank allowed investor trade in the currency at market-determined rates. NIGERIA DOLLARS Nigeria's central bank said it released $81.2 mln for dollar requests on Monday in a continuing drive to improve liquidity. KENYA MARKETS The Kenyan shilling KES= was steady against the dollar on Monday but demand from the energy sector was seen outweighing minimal dollar inflows from charities, traders said. ZAMBIA WORLD BANK The World Bank has approved a $200 million credit for Zambia to improve rural roads in six of the southern African nation's 10 provinces, the international lender said on Monday. ZIMBABWE ELECTRICITY South Africa's state-run power utility Eskom could cut supplies to neighbouring Zimbabwe by the end of this month if Harare fails to clear arrears, Zimbabwe's state-run Herald newspaper reported on Monday.