Next Africa
Next Africa is a weekly podcast about where Africa is going and why it matters to everyone. Each episode tells a story from the continent and follows it through real life, business, politics and culture. From electricity and climate to jobs, migration, technology, sport and music, the podcast looks at the forces shaping daily life and how those changes connect to the wider world. The show covers challenges and breakthroughs side by side, explaining the impact of energy shortages and climate risk, but also the rise of new industries, creative economies and young entrepreneurs. Hosted by Jennifer Zabasajja and built on original journalism from reporters on the ground, Next Africa puts local voices at the centre of the story, delivering clear, factual reporting without cliché or assumption.
Episodes
Why Ethiopia’s Election Was Never in Doubt
Ethiopia’s ruling party has established a commanding lead in preliminary election results, leaving Prime Minister Abiy Ahmed on track to secure another five-year term. On this week’s episode, Tiwa Adebayo speaks with Bloomberg Senior East Africa Reporter Simon Marks and Ethiopia Reporter Fasika Tadesse about why the election outcome was rarely in doubt, the political and security risks
BONUS: Merryn Talks Money - Africa’s Growth Engine
Here's a bonus episode from another Bloomberg podcast we think listeners to Next Africa might enjoy Could Africa’s long-misunderstood population boom become its greatest economic advantage? Economist and author Joe Studwell joins host Merryn Somerset Webb to discuss his book, How Africa Works: Success and Failure on the World's Last Developmental Frontier. He argues that rising population de
Can Africa Avoid An Ebola Economic Shock?
The 2014-16 Ebola epidemic in Guinea, Liberia and Sierra Leone triggered one of the most severe health-related economic shocks in modern African history. While the current outbreak in the Democratic Republic of Congo remains a serious concern, analysts expect its economic impact to be far more contained. On today’s Next Africa podcast, Bloomberg Economics Africa Economist Yvonne Mhango joins
Can African Founders Adapt as AI Boom Redirects Cash?
African startups are rewriting their funding playbook as the global artificial intelligence boom channels venture capital toward the US, leaving founders across emerging markets scrambling for capital. As Bloomberg publishes its 2026 list of 25 African Startups to Watch, Bloomberg Senior Technology Reporter Loni Prinsloo joins the podcast to discuss the state of the continent’s startup ecosy
Did Aid Cuts Make The Ebola Outbreak Worse?
An Ebola outbreak in eastern Democratic Republic of Congo, which has already killed more than 130 people, may have been spreading for months, according to the World Health Organization. On this week’s episode of the Next Africa Podcast, Jennifer Zabasajja is joined by healthcare reporter Janice Kew and Congo Country Director for the Danish Refugee Council, Caitlin Brady who is on the ground
Bobi Wine On The Battle for Uganda's Future (Correct)
Ugandan lawmakers have passed a contentious new law that imposes steep fines and jail terms for those receiving foreign funding without state approval. On this week's Next Africa podcast opposition leader Bobi Wine, who fled the country earlier this year, speaks to Bloomberg's Jennifer Zabasajja about the legislation and his plans to challenge Uganda’s political status quo after January elec
Is Xenophobia Risking South Africa’s International Reputation
Anti-Migrant protests and violence in South Africa have escalated in recent weeks, leading to condemnation from Governments across the continent. On this week’s Next Africa Podcast, Bloomberg’s government reporter Ntando Thukwana gives the latest on the protests, and then political commentator and Bloomberg Opinion columnist Justice Malala explains what he thinks is behind the problem
China’s Growing Grip On Africa’s EV Fast Lane
In Ethiopia, the share of electric vehicles on the road has jumped to 6% from just 1% after a 2024 ban on new gasoline-car imports. Across Africa, EV adoption is now among the fastest-growing globally — with Chinese automakers capturing the lion’s share of the market. On today’s episode, Bloomberg’s Fasika Tadesse joins Jennifer Zabasajja to unpack what this surge loo
Could Dangote's Stock Listing Transform African Investing?
Aliko Dangote plans to sell about 10% of his oil-refining company on multiple African stock exchanges to help fund the next phase of the tycoon’s business empire. The IPO comes nearly five decades after a landmark share sale in Asia that went on to mint the continent’s richest person. In 1977, Dhirubhai Ambani sold shares in Reliance to thousands of domestic investors and reshape
Why Starlink Is Dividing South Africa
Starlink, SpaceX’s Satellite Internet Service is pushing for changes to South Africa’s equality rules which it says blocks the company from operating in Africa’s most industrialised economy. South Africa requires companies in some sectors to have at least 30% Black ownership. These laws were introduced after the end of apartheid and they compelled companies in industries i
Could Global Turmoil Make Africa A Safer Bet For Investors
Global conflicts from the Middle East to Ukraine are reshaping how investors assess risk — and challenging perceptions about Africa.On today’s Next Africa podcast, Tiwa Adebayo, in for Jennifer Zabasajja, speaks with Zain Latif, founder of TLG Capital, about why he believes the continent is increasingly being seen as a more resilient investment destination. He explains why sectors with
Why Water Is Africa’s Next Precious Commodity
Lesotho’s abundant water has become one of the kingdom’s most strategic revenue streams. Its landmark deal to provide water for neighboring South Africa underscores the growing importance of water diplomacy across a continent increasingly strained by scarcity. In this episode of the Next Africa Podcast, Jennifer Zabasajja speaks with Bloomberg’s Andre-Pierre du Plessis about Leso
Why the war in Iran Risks a Farming Crisis in Africa
The ongoing conflict in the Middle East is causing turmoil in energy markets, and is also hitting the price and supply of crucial fertilizers. On this week’s episode Bloomberg’s Agnieszka de Sousa and René Vollgraaff join Jennifer Zabasajja to discuss why the Strait of Hormuz is so crucial to fertilizer supplies, and how energy shortages and rising costs could have f
Is Somaliland Israel’s New Foothold Against Houthis?
After becoming the first UN member to recognise the breakaway territory of Somaliland, Israel is now quietly planning for a potential base at the mouth of the Red Sea from which to strike one of the Iran’s last proxies still operating at full strength: the Houthis of Yemen. On this episode of the Next Africa podcast, Jennifer Zabsajja is joined by Bloomberg’s Simon Marks and our Israel
Why Is Africa A US Political Flashpoint?
US Lawmakers have called on Nigeria to repeal Sharia law in the country’s north as they probe US President Donald Trump’s unfounded allegations of Christian persecution in the country. This follows previous unfounded claims from the US administration of a white genocide in South Africa. On this week's episode of the Next Africa Podcast Jennifer Zabasajja talks to Bloomberg's Deputy Man
Why the Iran War Could Shock African Economies
Oil and gas supply routes are coming under pressure as the conflict in Iran intensifies, bringing fears of an energy price shock that could hit many African economies. On this week’s episode, Bloomberg’s Energy Reporter Stephen Stapczynski and Bloomberg Economics Africa Economist Yvonne Mhango join Jennifer Zabasajja to discuss what’s happening to energy prices, and which countri
Can African Farmers Survive Crashing Cocoa Prices
Cocoa’s stunning rise and its equally remarkable slump are beginning to shake up the longstanding way of doing business in West Africa, the region that supplies the bulk of the world’s beans. On this week’s episode of the Next Africa Podcast, Bloomberg softcommodities reporter Mumbi Gitau joins Jennifer Zabasajja to discuss why cocoa prices have seen such a dramatic fall, how it&
Is Ethiopia On the Brink of War?
Ethiopia and Eritrea are deploying troops and military equipment to the northern Tigray region, according to regional diplomats, raising the risk of renewed conflict in the Horn of Africa. On this week’s episode of the Next Africa podcast, Jennifer Zabasajja is joined by Bloomberg’s Simon Marks and Professor Kjetil Tronvoll from Oslo New University College to discuss how tensions have
Will Africa Cash in on the Critical Minerals Boom?
The mood at Africa’s biggest mining conference, the Mining Indaba in Cape Town, is buoyant - as increased demand for critical minerals around the world is supporting more investment in projects across the continent. On this week’s episode — recorded at the Mining Indaba — Jennifer Zabasajja speaks with Bloomberg’s Matthew Hill and William Clowes about who’
Will Gold’s Rollercoaster Ride Hit African Investment?
Precious metals soared last month in a rally underpinned by speculative momentum, geopolitical upheaval and concerns about the Federal Reserve’s independence. However, market watchers warned that the advances had been too large and too swift. The surge came to a sudden halt at the end of last week, with silver seeing its biggest daily drop on record and gold plunging the most since 2013. On
Why Lagos Demolished The Homes Of Thousands Of Poor Residents
Nigeria’s biggest city is demolishing two densely populated waterfront communities to make way for urban renewal, displacing thousands of poor residents in the process. On this week’s episode, Tiwa Adebayo, sitting in for Jennifer Zabasajja, is joined by Bloomberg’s Nigeria bureau chief Anthony Osae-Brown and Toni Fola-Alade, the co-founder of Charity DoGood.Africa, who saw their
Why More African Countries Are Switching To Chinese Yuan
Chinese mine operators in Zambia started paying royalties and taxes in yuan in Africa’s second-biggest copper producer, the latest sign of the growing acceptance of the currency on the continent. On this week’s episode, bloomberg reporter Matthew Hill and Bloomberg Economics Africa Economist Yvonne Mhango join Jennifer Zabasajja to discuss why China wants to boost the use o
How The Death of Chimamanda Adichie’s Son Put Nigerian Healthcare Under Scrutiny
Content Warning: This episode contains discussion of infant death and medical negligenceCelebrated Nigerian author Chimamanda Adichie has blamed the death of her 21-month old son on medical negligence, sparking a national conversation about healthcare standards in Africa’s most-populous nation. On this week’s episode, Jennifer Zabasajja speaks to Adichie’s sister-in-law, Anthea E
AFCON 2025 Shows That Sports are Becoming a Big Business in Africa
As the 35th Africa Cup of Nations reaches the final stages, the organizers are already celebrating a record-breaking tournament. In this episode, our Nigeria-based reporter Nduka Orjinmo joins Jennifer Zabasajja to talk about the growth of African football, the growing business opportunities for sports on the continent and why changes to the tournament could make it even more attractive to s
From Trump Tarrifs to Gen Z Protests - How 2025 Changed Africa
In a year that saw South Africa host the G20, the continent found itself coming to terms with a transformed relationship with America both in terms of trade and access to aid. In this special episode of the Next Africa Podcast, Bloomberg Opinion columnist Justice Malala joins Jennifer Zabasajja to look at the big moments of the year. They discuss the US South Africa Relationship,
Why A Failed Coup Signals Escalating Risk in West Africa
An attempted Coup in Benin has been thwarted after an intervention from its West African neighbors led by Nigeria. The emphatic response from the regional bloc Ecowas this time was a marked change, after the bloc had been criticized for inaction during the string of coups that have struck the region since 2020. On this week’s episode, Jennifer Zabasajja speaks to Bloomberg’s Katarina H
Can South Africa Sustain its Economic Rebound?
South African financial assets -- stocks, bonds and the rand -- have surged, buoyed by soaring commodity prices and investor optimism that government reforms are reviving South Africa's economy after years in the doldrums. On this week’s episode, Bloomberg Economics Africa Economist Yvonne Mhango joins Tiwa Adebayo to explain what’s fueling this economic turnaround, and whether sustain
Can South Africa Tackle Its Gender Based Violence Crisis?
While the world’s attention was on South Africa for the G20, thousands of women across the country used the opportunity to protest South Africa’s serious issues with violence against women. Demonstrators held lie-in protests in cities across the country, including near the G20 summit itself, calling for the government to take action. According to UN statistics, South Africa
How Africa’s Energy Shortage Holds Back its Industrial Revolution
Africa is the least electrified continent in the world, where funding major power infrastructure has become far harder, grids are decrepit and state utilities are often broken. The result is that Africa cannot industrialize on a scale anywhere near what’s needed to create jobs for its young population, which by 2050 will nearly double to 2.5 billion, or a quarter of all humanity. On this wee
Why Africa’s Rainforests Are Reaching a Tipping Point
At COP30 in Brazil, scientists have warned that the Congo Basin, a region of tropical forest larger than India, is at a point where further damage may rob the world of a crucial bulwark against climate change. On this week’s episode, Jennifer Zabasajja is joined by Senior Africa Reporter Antony Sguazzin and Bloomberg Opinion Climate Columnist Lara Williams to discuss why the Congo Basin is s
Why Is Trump Threatening Military Action In Nigeria?
US President Donald Trump has threatened to freeze aid to Nigeria and take military action unless its government stops what he’s called the killing of “very large numbers” of Christians by jihadists. On this week’s episode, Deputy Managing Editor for Middle East and Africa Neil Munshi, and reporter Nduka Orjinmo join Jennifer Zabasajja to explain where this claim comes from
Can Africa reverse the trend of No Contest Elections?
Election wins for incumbents in Cameroon and Ivory Coast, where key opposition figures were banned from standing, have raised warnings over the state of democracy in a number of African nations. One academic has warned of the rise of ‘democratic dictators’ which could create fertile ground for coups. On this week’s episode, senior reporter Yinka Ibukun joins Jennifer Zabasajja to
What DeepSeek’s Competitive Edge in Africa Means for the AI Race
Chinese tech companies Huawei and DeepSeek are teaming up to offer cloud computing and AI services. And they’re pitching African startups on using their offerings over their Western competitors like OpenAI in a bid to get an early foothold in the African tech scene. In a special episode from Bloomberg’s Big Take and Next Africa podcasts, reporters Loni Prinsloo and Helen Nyambura join
Replay: How To Stop Africa's Brain Drain
We wanted to bring you one of our favorite episodes from the last few months. Each year, up to 12 million young Africans enter the workforce, but only about three million formal jobs are available. So many Nigerians have left Africa's most populous country in recent years, the Yoruba term "japa" -- or escape -- has become shorthand for young people desperate to put their skills to use. Could the w
How Africa Is Cashing In On Booming Gold Prices
A spectacular gold-market boom is spurring a push by African nations — where the ground is rich in the precious metal — to extract more revenue. On this week’s episode, Bloomberg’s precious metals reporter Jack Ryan and our Africa Mining and Metals correspondent William Clowes join Jennifer Zabasajja to explain what’s behind the rising gold price, how Afri
Why Nigeria and South Africa Could Leave the ‘Dirty Money’ List
South Africa and Nigeria are poised to exit a global financial watchdog’s “gray list” as soon as this month, marking a change in fortune for two of the continent’s biggest economies. On this week’s Next Africa podcast, Bloomberg’s Africa Economics and Government Editor Monique Vanek and reporter Ben Bartenstein join Jennifer Zabasajja to explain how the countrie
Why China Is Winning Over Africa
In parts of Africa, public opinion on China is more favorable than in many other regions, according to an Asia Society survey released this month. That enthusiasm contrasts sharply with Beijing’s standing in the West and some of Asia, where views have soured dramatically. In this week’s episode, Bloomberg’s Asia columnist Karishma Vaswani and Africa Economist Yvonne Mhango j
Why Ethiopia’s Giant Dam has Left Egypt and Sudan Angry
Ethiopia has inaugurated Africa’s biggest hydroelectric dam, a colossal feat of engineering that could power homes and industries across East Africa. But the dam is also deepening a years-long dispute with Egypt and Sudan over the flow of the Nile. On this week’s episode of the Next Africa Podcast, Jennifer is joined by Bloomberg’s Ethiopia Reporter Fasika Tadesse and our C
Can Botswana Survive the Lab-Grown Diamond Boom?
Botswana became one of the richest countries in Africa because it's the world's biggest producer of diamonds by value -- but with lab-grown gems soaring in popularity, the sparsely-populated desert nation is facing a social and economic existential crisis President Boko has pledged to diversify the economy away from its over-reliance on a single resource, but the changes may have come too late. On
Can Africa’s Music Festivals Compete On The World Stage?
It’s the summer festival season, and while Europe and North America are seeing declining sales and smaller tours - Africa’s festival scene is on an upward trend. Eswatini’s Bushfire Festival, and Tanzania’s Sauti Za Busara are growing, bringing jobs, tourism and support for Africa’s music industry. On this week’s episode, Tiwa Adebayo speaks to Maputo based corr
Oil Workers Recount Yearslong Detention in Equatorial Guinea
Two South African oil workers who had been detained in Equatorial Guinea prisons for two years have spoken to Bloomberg about their ordeal. Peter Huxham and Frik Potgieter were arrested on drug-trafficking charges and detained in short order in February 2023, days after a South African court ordered the seizure of a yacht linked to Equatorial Guinean Vice President Teodoro Nguema Obiang Mangue, kn
Why Africa’s Ultra Luxury Hotels Are Booming
A private island off the coast of Tanzania, where guests pay around $50,000 a night for an exclusive-use villa, catamaran and helicopter transfers within a protected marine reserve is the latest frontier in Africa’s booming luxury hospitality market. Bloomberg’s Prinesha Naidoo joins Jennifer Zabasajja to explain what's behind the boom in ultra luxury tourism, who’s benefiting an
What's Driving The Protests Over The Ivory Coast Presidential Election?
Opposition parties are protesting in Abidjan after court rulings blocked key opposition figures from standing in October’s presidential election. The decisions paved the way for 83 year-old President Alassane Ouattara to seek a controversial fourth term. On this week’s episode, Bloomberg’s Abidjan-based reporter Kamailoudini Tagba joins Jennifer Zabasajja and talks about what&rsq
Could President Trump Recognise Somaliland’s Independence?
Somaliland, which proclaimed independence from Somalia in 1991, is willing to offer the US a military base at the entrance to the Red Sea and critical-minerals deals in its quest for international recognition as a sovereign state. On this week’s episode - Bloomberg’s Simon Marks joins Jennifer Zabasajja to explain the history behind Somaliland and its independence claim, and whether th
Why African Banks Are Playing Hardball On Debt
African development banks are locked in a dispute with African nations like Ghana and Zambia over deals to restructure their debts. As the countries finalize debt relief agreements with foreign lenders under the G20’s Common Framework, banks like Afreximbank and TDB are pushing back against deals forcing them to take losses saying it puts the future of African investment at risk.
Have US Tariffs Thwarted South Africa’s G20 Presidency?
G20 finance ministers met in Zimbali in South Africa this week, but even with US Treasury Secretary Scott Bessent skipping the event - Donald Trump's trade policy dominated discussions at the expense of President Ramphosa’s agenda. In this episode Jennifer Zabasajja speaks to South Africa Reserve Bank governor Lesetja Kganyago about the impact of the global trade war, and Bloomberg Economist
Can West Africa Capitalize On The Growing Demand For Coffee
Demand for coffee is growing globally - but despite much of it being grown on the continent, very little is roasted locally to be sold and drunk there. West African Entrepreneur Hadi Beydoun wants to change that. In this week’s special episode of the Next Africa Podcast, Jennifer Zabasajja heads to Abidjan in the Ivory Coast to meet Hadi, the founder of Café Continent, to find o
Will The US End The War Between Congo and Rwanda?
The Democratic Republic of Congo and Rwanda have agreed to bring an end to conflict in eastern Congo, where millions of people have died and multitudes have been displaced over the past three decades. But fighting continues and scores of armed groups continue to control parts of the region. In this week’s episode, Bloomberg’s Congo reporter Michael Kavanagh joins Jennifer Zabasajja to
How US Aid Cuts Has Left The Fight Against HIV In Crisis
Winnie Byanyima, the executive director of the Joint United Nations Programme on HIV and AIDS, has told Bloomberg that US cuts to foreign aid have left the global fight against HIV in crisis. Bloomberg healthcare reporter Janice Kew joins Jennifer Zabasajja to explain what the reality is on the ground for HIV treatment in Africa, a continent that is home to 75% of all people living with the
Why Kenyans Are Back on the Streets: Protests, Corruption, and a Crisis of Trust
A year since deadly protests against the Kenyan government saw more than 60 people killed, Kenyans are again taking to the streets to protest police brutality. These protests, triggered by the death of a kenyan activist in police custody, come as the IMF arrive in the country to assess Kenya's attempts to tackle corruption. On this week’s episode East Africa Bureau Chief Helen Nyambura
A US Tax With Big Consequences For Africa
US President Donald Trump is proposing a 3.5% tax on remittances by non-citizens as part of the Republican tax bill currently working through the Senate. On today’s episode of the Next Africa podcast we look at why this proposal could have major repercussions for African economies, particularly Nigeria, one of the world’s biggest recipients of remittances. Jennifer Zabasaj
The Billion-Dollar Potential of African Sport in the Diaspora
The return of the Unity Cup after 21 years electrified London’s Brentford Stadium, drawing record crowds and reigniting diasporan pride. With planning already underway for the 2026 edition, the tournament is more than just a celebration of African football. It’s emerging as a catalyst for global connection and economic opportunity. This week, host Tiwa Adebayo sits down with Bloomberg
The Inside Story Of Ramaphosa's Encounter with Trump
South African President Cyril Ramaphosa visited Washington last week to ease tensions amid a barrage of criticism from President Donald Trump, who has repeatedly spread false claims that there’s a genocide against White people in Africa’s most industrialized economy. Ramaphosa was intent on focusing on trade relations — the US is the country’s second-largest trading partner
Africa Takes Centre Stage at The Qatar Economic Forum
The future of Africa's economic progress, security and stability has been a key topic at this year's Qatar Economic Forum , an event powered by Bloomberg. How can the continent assert itself on global stage and superchage growth against an uncertain backdrop? On this week's episode Jennifer Zabasajja brings you the best of this year's discussions featuring a deep dive into sovereign investme
Nigerian Investors Bet On Nollywood For Blockbuster Returns
Nollywood is bringing a touch of West Africa to the Cannes Film Festival. My Father’s Shadow is making history as the first Nigerian Film to be an Official Selection at the Festival - showing the rising prominence of Nollywood on the world stage. And investors are starting to take notice. On today’s episode, Jennifer Zabasajja talks to our Nigeria Bureau Chief, Anthony Osae-Brown about
Why Sudan Blames The UAE For Port Sudan Drone Strikes
Armed drones struck the airport and harbor in Sudan’s main coastal city Port Sudan, escalating a deadly conflict between the North African nation’s army and the Rapid Support Forces militia. Sudan has accused the UAE of supporting the RSF and has cut off diplomatic ties and withdrawn its ambassador. The UAE firmly denies any involvement. On this episode, Bloomberg’s Nairobi
Is Russia Recruiting Young African Women To Make Drones?
With influencer ads and high-profile marketing campaigns, Russia’s global outreach program is operating across Africa, offering young women work-study opportunities in the Alabuga Special Economic Zone. Fliers and promotional materials for the program feature images of smiling young African women working as technicians and waitresses. However, reports in international media suggest that the
IMF Spring Meeting 2025: What the Global Slowdown Means for Africa
At the IMF Spring Meetings in Washington, DC - the trade war and its impact on the global economy is the centre of attention, and putting more pressure on the African governments trying to negotiate deals with the fund. Ghana and Zambia have turned their economies around with IMF help — but Kenya, Mozambique and Senegal find themselves having to try and negotiate new IMF programm
Tariffs, Trump, and the Stakes for Lesotho
Lesotho was hit with the highest U.S. tariffs on the African continent, a 50% levy on its exports, before President Donald Trump paused the move for 90 days. The kingdom’s trade minister is warning that if those duties go ahead, Lesotho could face a liquidity crisis. Trump announced this month that tariffs of at least 10% will apply to most imports, with even steeper rates targeting goods fr
Will Formula One Finally Come Back To Africa?
Formula One cars last raced in Africa in 1993, but now a concerted effort from investors and governments are trying to bring the races back to the continent. Bloomberg’s Senior Africa Reporter has been looking at the proposals bidding for a new a licence and talks to Jennifer Zabasajja about what’s being planned, who’s paying for it, and whether we really will see an African race
Flash Episode: Assessing The Impact Of Trump’s Tariffs On Africa
President Trump imposed the steepest American tariffs in a century as he steps up his campaign to reshape the global economy. Many African countries have been hit with the so-called reciprocal tariffs including a 31% levy on South Africa and 50% on Lesotho. Bloomberg Economics Africa Economist Yvonne Mhango joins Jennifer Zabasajja to explain what the impacts of these tariffs will be on Afri
How Polo Became the Sport of Business Kings in Nigeria
Some call it the sport of kings or the passport to the world, and in Nigeria Polo has become a business essential. In Lagos, government ministers and business leaders play side by side while the sport gets sponsorship from global giants such as Coco Cola. Bloomberg reporter Tiwa Adebayo joins Jennifer Zabasajja to explain how Polo became such a part of corporate culture in Nigeria, and how much bu
Why West African Cocoa Farmers Aren’t Yet Benefiting From High Prices
Global cocoa shortages are finally set to ease this season, as harvests improve and demand falls, creating a surplus for the first time in three years. But even with Cocoa hitting record high prices, the industry is taking time to recover, and debt and the need to honour contracts at cheaper prices mean farmers in Ghana and Ivory Coast - the world's biggest cocoa producing countries- aren’t
Can Africa’s Economies Survive Global Economic Turmoil
Two budgets on different sides of the continent this week show the struggle African countries are facing when it comes to growing their economies. In Ghana, the new administration promised 10% spending cuts plus a higher tax on gold revenue, and in South Africa the much-delayed budget -- and its VAT hike -- still needs to find a way through parliament. With the global economy dealing with multiple
The 'Disaster' Impact Of USAID Cuts On Africa
One of President Trump’s first actions after beginning his second term in office, was to take aim at USAID, which doled out $40 billion in foreign assistance each year. Last week the administration cancelled 90% of its funding awards - the bulk of which are focused on projects in Africa such as tackling HIV and tuberculosis as well as responding to poverty and famine. In this special episode
Can Nigeria’s Central Bank Revive The Country’s Dying ATMS?
Nigeria’s Central Bank is allowing banks to increase the amount they charge for withdrawals at ATMs in a bid to tackle cash scarcity at lenders in the country. Nigerians are increasingly turning to cash agents who use card terminals to provide cash, for a high commission. On this week’s episode, Bloomberg’s Nduka Orjinmo joins Jennifer Zabasajja to explain why these cash agents a
Can South Africa’s G20 Stand Up To President Trump
The first G20 summit on African soil has started in Johannesburg this weekend, with US Secretary of State Marco Rubio refusing to attend the foreign ministers meeting. With President Trump’s new administration picking fights with allies and bringing Russia back in from the diplomatic cold, is multilaterialism still alive and will the G20 presidency meet South Africa’s ambitious g
Can Africa Profit From Soaring Gold?
With global tensions high amid a growing trade war, investors have been continuing to push gold to record high prices, pushing towards the $3,000 mark. With Africa producing a quarter of the world’s supply, will the demand for the precious metal see some of that wealth reach the continent? In this episode, Jennifer Zabasajja speaks to Barrick Gold CEO Mark Bristow at the South Africa Mining
Donald Trump and Elon Musk Take Aim at South Africa
US Secretary of State Marco Rubio said he won’t attend a G20 summit in Johannesburg later this month, after Donald Trump slammed South Africa over a new land law. The president's top ally Elon Musk has long trafficked in conspiracy theories about the Black-majority government seizing White farmers' land and committing a "genocide" against them. To discuss how Pretoria found itself in Trump's
Is Rwanda Overstepping In Congo?
A Rwanda-backed rebel group effectively captured the vital eastern DRC city of Goma, after a lightning offensive this week that reportedly included support from Rwandan troops.On this week's episode, Bloomberg reporters Simon Marks and Michael Kavanagh, who’s covered the region for 20 years , join Jennifer Zabasajja to explain who the key players in the conflict are, what chance there is for
Why Trump's WHO Withdrawal Is Bad News For Africa
The World Health Organization called on the US to reconsider President Donald Trump’s decision to exit the agency, suggesting the move could undermine global health security. On this week’s episode, Bloomberg’s health and consumer reporter Janice Kew joins Jennifer Zabasajja to explain how planned departure would leave the WHO scrambling to replace its top donor, and how losing t
How the South African Mining Tragedy Unfolded
South African rescue workers retrieved 78 bodies from a disused gold mine in Stilfontein where hundreds of illegal extractors have been involved in a months-long standoff with the authorities. Civil rights groups said at least 100 people died from starvation after the mine was sealed off by the security forces to deny those underground access to food to force them to the surface. Bloomberg&r
Is West Africa’s ‘Detty December’ really boosting local economies?
'Detty December' is a phrase which refers to the annual pilgrimage of tourists and diasporans to Nigeria and Ghana during the festive period. It's a movement which has attracted global attention this year as thousands, including international celebrities, flocked to the region to soak up the sun and celebrations. 2024's revelry though has been set against a difficult economic backdrop of rising in
Does ECOWAS have a future in West Africa?
West African leaders gave Mali, Niger and Burkina Faso six months to reconsider a withdrawal from the regional economic bloc in a final attempt to avoid its fracture. But with the military-led, Russia-aligned countries setting up their own bloc - the Alliance of Sahel States - is the future of West Africa more one of disunity than unity? Bloomberg’s West Africa Reporter Katarina Hoije joins
How the downfall of Assad threatens Russia’s role in Africa
The swift collapse of Bashar Al-Assad’s regime in Syria threatens a key Russian airbase in the country that Moscow has depended on to project influence throughout Africa. On this week’s episode, Bloomberg’s Simon Marks and Katarina Hoije join Jennifer Zabasajja to explain why these bases are so crucial to operations in Africa - and whether the regimes they are supporting have a p
How to Stop Africa’s Brain Drain
Each year, up to 12 million young Africans enter the workforce, but only about three million formal jobs are available. So many Nigerians have left Africa's most populous country in recent years, the Yoruba term "japa" -- or escape -- has become shorthand for young people desperate to put their skills to use. After President Biden’s visit to Angola celebrating infrastructure investment - could t
Is Democracy In Retreat in Africa?
2024 has seen elections all across the continent of Africa, but incumbents lost or saw their majorities shrink -- as in Botswana, Mauritius, Senegal and South Africa -- in a sign of growing disillusionment with leaders around the continent. Political commentator, author and Bloomberg columnist Justice Malala described this year of elections as ‘hard to watch’. On this episode he joins Jennifer Za
Gold Mining CEO Freed After $160 Million Deal
Resolute Mining CEO Terry Holohan and two other employees have been released from detention in Mali, just days after the gold mining company agreed to pay about $160 million to resolve a tax dispute with the government. On this week’s episode, our West Africa reporter Katarina Höije, and our Africa mining and metals reporter William Clowes join Jennifer Zabasajja with the story Subscribe to the Ne
How Africa Is Riding The Crypto Wave
Bitcoin notched another record high this week, climbing above $93,000 for the first time, with traders exuberant over President-elect Donald Trump’s rhetorical support for crypto. In Africa governments are looking nervously at the growing numbers of young people trading and investing in the token. Bloomberg reporters Bella Genga in Nairobi and Emele Onu in Lagos join Jennifer Zabasajja to discuss
Will Donald Trump’s Presidency Change The US Relationship With Africa?
What would YOU like to hear about on Bloomberg? Help make shows like ours even better by taking our Bloomberg audience survey.Your morning briefing, the business news you need in just 15 minutes.Donald Trump has been elected president of the United States for the second time -- but with an American First agenda, and trade wars on the horizon, what could his presidency mean for US/Africa relations,
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