Next Africa

Why the Iran War Could Shock African Economies

Thu, 05 Mar 2026 23:55:00 +0000

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 countries in Africa are most exposed to an oil price shock.

For more stories from the region, subscribe to the Next Africa newsletter here

See omnystudio.com/listener for privacy information.

Can African Farmers Survive Crashing Cocoa Prices

Thu, 26 Feb 2026 23:55:00 +0000

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’s changing the way cocoa regulators have to operate and why it’s leaving farmers in the world’s biggest cocoa producing countries worried.

You can read Mumbi Gitau’s reporting on cocoa here, and for more stories from the region, subscribe to the Next Africa newsletter here.

See omnystudio.com/listener for privacy information.

Is Ethiopia On the Brink of War?

Thu, 19 Feb 2026 23:55:00 +0000

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 been rising over recent weeks, how likely a conflict could now be, and what repercussions of wider war in the Horn of Africa could look like.

You can read Simon’s latest report here, and for more stories from the region, subscribe to the Next Africa newsletter here

See omnystudio.com/listener for privacy information.

Will Africa Cash in on the Critical Minerals Boom?

Thu, 12 Feb 2026 23:55:00 +0000

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’s attending, why international collaboration is high on the agenda, and how African nations are pushing to avoid being short-changed as global demand for their natural resources grows.

For more stories from the region, subscribe to the Next Africa newsletter here

See omnystudio.com/listener for privacy information.

Will Gold’s Rollercoaster Ride Hit African Investment?

Thu, 05 Feb 2026 23:55:00 +0000

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 this week’s episode of the Next Africa podcast, Bloomberg Intelligence’s Metals and Minerals analyst Emmanuel Munjeri and Bloomberg Metals and Minerals Reporter Jack Ryan join Jennifer Zabasajja to talk through the last few weeks on the metal markets, whether new African projects could soon be greenlit and what else to look out for in the coming weeks.

For more stories from the region, subscribe to the Next Africa newsletter here

See omnystudio.com/listener for privacy information.

Why Lagos Demolished The Homes Of Thousands Of Poor Residents

Fri, 30 Jan 2026 14:43:46 +0000

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 school demolished earlier this year. They discuss what’s happened to the communities impacted, how the Lagos State Government is compensating people and what the future might hold for poorer communities in Lagos.

For more stories from the region, subscribe to the Next Africa newsletter here.

See omnystudio.com/listener for privacy information.

Why More African Countries Are Switching To Chinese Yuan

Thu, 22 Jan 2026 23:55:00 +0000

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 of its currency, what’s in it for African countries, and whether there’s a risk of US retaliation

For more stories from the region, you can subscribe to the Next Africa newsletter here

See omnystudio.com/listener for privacy information.

How The Death of Chimamanda Adichie’s Son Put Nigerian Healthcare Under Scrutiny

Thu, 15 Jan 2026 23:55:00 +0000

Content Warning: This episode contains discussion of infant death and medical negligence

Celebrated 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 Esege-Nwandu, who is also a medical doctor. Then senior reporter Yinka Ibukun and healthcare reporter Janice Kew join to discuss the state of healthcare in Nigeria and across Africa, and why so many wealthy Africans are seeking treatment abroad.

For more stories from the region, you can subscribe to the Next Africa newsletter here

See omnystudio.com/listener for privacy information.

AFCON 2025 Shows That Sports are Becoming a Big Business in Africa

Thu, 08 Jan 2026 23:55:00 +0000

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 sponsors.

For more stories from the region, subscribe to the Next Africa newsletter here

See omnystudio.com/listener for privacy information.

From Trump Tarrifs to Gen Z Protests - How 2025 Changed Africa

Thu, 18 Dec 2025 23:55:00 +0000

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, the roll back of democracy, and the role Gen Z has in shaping the continent. Then they look ahead to the big moments to watch in 2026

For more stories from the region, you can subscribe to the Next Africa newsletter here

See omnystudio.com/listener for privacy information.

Why A Failed Coup Signals Escalating Risk in West Africa

Thu, 11 Dec 2025 23:55:00 +0000

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 Hoije, who’s based in West Africa, about how this coup was defeated, why Nigeria led the response, and what the outlook is for further coups in the region.

Get more from the Next Africa newsletter, you can subscribe here.

See omnystudio.com/listener for privacy information.

Can South Africa Sustain its Economic Rebound?

Thu, 04 Dec 2025 23:55:00 +0000

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 sustained growth could soon follow.

For more stories from the region, subscribe to the Next Africa newsletter here

See omnystudio.com/listener for privacy information.

Can South Africa Tackle Its Gender Based Violence Crisis?

Thu, 27 Nov 2025 23:55:00 +0000

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’s female murder rate is more than 5 times the global average.

On this week’s episode, Government Reporter S’thembile Cela joins Tiwa Adebayo to explain how serious the crisis has become in South Africa, what impact the timing of the protests had and whether declaring violence against women a national disaster in South Africa will lead to any real change on the ground.

You can read our full coverage of the G20 here and sign up to the Next Africa newsletter here

See omnystudio.com/listener for privacy information.

How Africa’s Energy Shortage Holds Back its Industrial Revolution

Thu, 20 Nov 2025 23:55:00 +0000

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 week’s podcast, our energy reporter Paul Burkhardt joins Jennifer Zabasajja to talk through the data showing the scale of Africa’s energy crisis. Then Jennifer hears from Dr Owen Omogiafo, CEO of Nigerian power giant Transcorp, and one of the speakers at the Bloomberg Africa Business Summit, about what role the private sector has in turning this around.

You can read Bloomberg’s Big Take on Africa’s Energy shortage here, and subscribe to the Next Africa newsletter here

See omnystudio.com/listener for privacy information.

Why Africa’s Rainforests Are Reaching a Tipping Point

Thu, 13 Nov 2025 23:55:00 +0000

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 so important to tackling climate change, what support African leaders are calling for and whether this COP summit will actually deliver any substantial action.

You can read our coverage of COP30 here, and sign up for the Next Africa Newsletter here.

See omnystudio.com/listener for privacy information.

Why Is Trump Threatening Military Action In Nigeria?

Tue, 04 Nov 2025 15:35:08 +0000

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, what the reaction has been in Nigeria, and the challenge facing the west African nation’s government as it works out how to respond to President Trump.

You can read Neil and Nduka’s piece on Bloomberg now, and you can subscribe to the Next Africa Newsletter here.

See omnystudio.com/listener for privacy information.

Can Africa reverse the trend of No Contest Elections?

Thu, 30 Oct 2025 23:55:00 +0000

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 talk through the latest round of elections across Africa, and how gen z voters frustrated with their lack of choices may respond.

For more stories from the region, you can subscribe to the Next Africa newsletter here

See omnystudio.com/listener for privacy information.

What DeepSeek’s Competitive Edge in Africa Means for the AI Race

Wed, 22 Oct 2025 21:58:52 +0000

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 hosts Sarah Holder and Jennifer Zabasajja to describe the pitch, how it’s landing and what it could mean for the global AI race.

See omnystudio.com/listener for privacy information.

Replay: How To Stop Africa's Brain Drain

Fri, 17 Oct 2025 11:10:40 +0000

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 west be doing more to help Africa make the most of it’s talent rather than losing it to places like the UK, US and Canada?

Author, journalist and Bloomberg columnist Ciku Kimeria joins Jennifer Zabasajja to talk about her latest piece on the issue, why so many people are choosing to leave and what future she hopes her young daughter will grow in to. For more stories from the region, subscribe to the Next Africa newsletter here

See omnystudio.com/listener for privacy information.

How Africa Is Cashing In On Booming Gold Prices

Thu, 09 Oct 2025 22:55:00 +0000

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 African countries are trying to capitalize on the boom and what risks there might be for investors.

For more stories from the region, subscribe to the Next Africa newsletter here

See omnystudio.com/listener for privacy information.

Why Nigeria and South Africa Could Leave the ‘Dirty Money’ List

Thu, 02 Oct 2025 22:55:00 +0000

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 countries ended up on the list in the first place, what they’ve done to improve their systems and what benefits exiting the list could bring to their economies.

For more stories from the region, you can subscribe to the Next Africa newsletter here

See omnystudio.com/listener for privacy information.

Why China Is Winning Over Africa

Thu, 25 Sep 2025 22:55:00 +0000

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 join Tiwa Adebayo to discuss just why China is winning the diplomacy war in Africa, and how good the deal is for African economies.

You can read Karishma’s column here and for more stories from the region, subscribe to the Next Africa newsletter here

See omnystudio.com/listener for privacy information.

Why Ethiopia’s Giant Dam has Left Egypt and Sudan Angry

Thu, 11 Sep 2025 22:55:00 +0000

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 Cairo based reporter Tarek El-Tablawy to discuss what Ethiopia hopes the dam will achieve economically and how downstream neighbours Egypt and Sudan may respond.

For more stories from the region, subscribe to the Next Africa newsletter here

See omnystudio.com/listener for privacy information.

Can Botswana Survive the Lab-Grown Diamond Boom?

Thu, 04 Sep 2025 22:55:00 +0000

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 this week’s episode, Bloomberg’s Matthew Hill and Botswana-based reporter Mbongeni Mguni join Jennifer Zabasajja to discuss their latest reporting from the region, and what the impact of the diamond slump looks like on the ground in Botswana.

For more stories from the region, subscribe to the Next Africa newsletter here

See omnystudio.com/listener for privacy information.

Can Africa’s Music Festivals Compete On The World Stage?

Thu, 28 Aug 2025 22:55:00 +0000

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 correspondent Tavares Cebola, who’s been reporting on the summer festival season. They discuss whether the African music industry is able to capitalise on its global popularity and how the region's growing younger middle class are fueling the festival industry.

Jennifer Zabasajja will return next week.

For more stories from the region, subscribe to the Next Africa newsletter here

See omnystudio.com/listener for privacy information.

Oil Workers Recount Yearslong Detention in Equatorial Guinea

Thu, 21 Aug 2025 22:55:00 +0000

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, known as Teodorin.

In this special episode of the Next Africa Podcast they talk about their arrest, what it’s like inside Equatorial Guinean prisons and how they feel now they are back with their families in South Africa.

And Bloomberg’s Energy reporter Paul Burkhardt speaks to Jennifer Zabasajja about the diplomatic relations between South Africa and Equatorial Guinea, the role of the Vice President, and what this means for international investment in OPEC’s smallest member.

For more stories from the region, subscribe to the Next Africa newsletter here

See omnystudio.com/listener for privacy information.

Why Africa’s Ultra Luxury Hotels Are Booming

Thu, 14 Aug 2025 22:55:00 +0000

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 and whether the economic boost is sustainable.

You can read Prinesha Naidoo's piece here, and for more stories from the region, subscribe to the Next Africa newsletter here

See omnystudio.com/listener for privacy information.

What's Driving The Protests Over The Ivory Coast Presidential Election?

Thu, 07 Aug 2025 22:55:00 +0000

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’s behind the process, how President Ouattara is regarded in Ivory Coast and what hopes there are for fair and peaceful elections in October.

For more stories from the region, subscribe to the Next Africa newsletter here

See omnystudio.com/listener for privacy information.

Could President Trump Recognise Somaliland’s Independence?

Thu, 31 Jul 2025 22:55:00 +0000

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 this new plan to try and get US recognition will succeed.

For more stories from the region, subscribe to the Next Africa newsletter here

See omnystudio.com/listener for privacy information.

Why African Banks Are Playing Hardball On Debt

Thu, 24 Jul 2025 22:55:00 +0000

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.

Bloomberg Reporter Matthew Hill joins Jennifer Zabasajja to explain what’s behind the dispute, what the bank’s leaders have been saying and whether a deal will eventually be done

For more stories from the region, subscribe to the Next Africa newsletter here

See omnystudio.com/listener for privacy information.

Have US Tariffs Thwarted South Africa’s G20 Presidency?

Thu, 17 Jul 2025 21:55:00 +0000

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 Yvonne Mhango joins Jennifer to explain how the latest moves on tariffs are affecting countries in Africa.

For more stories from the region, subscribe to the Next Africa newsletter here

See omnystudio.com/listener for privacy information.

Can West Africa Capitalize On The Growing Demand For Coffee

Thu, 10 Jul 2025 22:55:00 +0000

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 out how he’s planning to bring homegrown, home-roasted coffee to the African market.

Then Bloomberg’s Soft Commodities reporter Mumbi Gitau gives her analysis of the state of the global coffee market and Africa’s place in it.

For more stories from the region, subscribe to the Next Africa newsletter here

See omnystudio.com/listener for privacy information.

Will The US End The War Between Congo and Rwanda?

Thu, 03 Jul 2025 22:55:00 +0000

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 explain how this deal came about now, what role the US and access to minerals played in the talks and what hope this deal has of leading to a lasting peace

For more stories from the region, subscribe to the Next Africa newsletter here

See omnystudio.com/listener for privacy information.

How US Aid Cuts Has Left The Fight Against HIV In Crisis

Thu, 26 Jun 2025 22:55:00 +0000

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 virus, and where alternative sources of funding could come from.

You can read Winnie Byanyima’s interview with Mishal Hussain here, and for more stories from the region you can sign up to the Next Africa newsletter here

See omnystudio.com/listener for privacy information.

Why Kenyans Are Back on the Streets: Protests, Corruption, and a Crisis of Trust

Fri, 20 Jun 2025 11:52:00 +0000

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 joins Jennifer Zabasajja to discuss what’s behind these new protests, and whether President Ruto can actually tackle corruption and do a deal with the IMF to turn the economy around.

For more stories from the region, subscribe to the Next Africa newsletter here

See omnystudio.com/listener for privacy information.

A US Tax With Big Consequences For Africa

Thu, 12 Jun 2025 21:55:00 +0000

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 Zabasajja is joined by Dr Lydiah Kemunto Bosire, the founder of New York based 8B Education Investments, and hears how this makes America less attractive to Africa’s brightest students, and Nigeria Bureau Chief Anthony Osae Brown explains how reliant Nigeria is on remittances especially ofF the back of USAID cuts.

For more stories from the region, subscribe to the Next Africa newsletter here

See omnystudio.com/listener for privacy information.

The Billion-Dollar Potential of African Sport in the Diaspora

Thu, 05 Jun 2025 22:55:00 +0000

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 reporters Olatomiwa Tobi and Nduka Orjinmo to explore how sport is becoming a powerful force in uniting African communities abroad, as well as a billion-dollar opportunity for brands willing to invest.

(Regular host Jennifer Zabasajja returns next week.)

For more stories from the region, subscribe to the Next Africa newsletter here

See omnystudio.com/listener for privacy information.

The Inside Story Of Ramaphosa's Encounter with Trump

Fri, 30 May 2025 18:23:15 +0000

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 after China — but the US leader quickly turned the meeting into an interrogation. Bloomberg's South Africa Government Reporter S'thembile Cele was in the room and recounts the full story of the face-to-face Oval Office meeting.

See omnystudio.com/listener for privacy information.

Africa Takes Centre Stage at The Qatar Economic Forum

Thu, 22 May 2025 22:55:00 +0000

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 investment, a look at some of the region's most exciting start-ups and expert commentary on the roles of sustainability and AI in Africa's growing investment landscape.

For more stories from the region, subscribe to the Next Africa newsletter here

See omnystudio.com/listener for privacy information.

Nigerian Investors Bet On Nollywood For Blockbuster Returns

Thu, 15 May 2025 21:55:00 +0000

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 the growing popularity of Nollywood, how Netflix and Amazon brought new investment to the industry and why asset managers are now starting to take notice.

For more stories from the region, subscribe to the Next Africa newsletter here

See omnystudio.com/listener for privacy information.

Why Sudan Blames The UAE For Port Sudan Drone Strikes

Fri, 09 May 2025 06:54:55 +0000

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 based reporter Simon Marks joins Jennifer Zabasajja to explain why this escalation opens up a new front in the two year long civil war, and what evidence there is that the UAE is backing the RSF.

For more stories from the region, subscribe to the Next Africa newsletter here

See omnystudio.com/listener for privacy information.

Is Russia Recruiting Young African Women To Make Drones?

Fri, 02 May 2025 09:51:11 +0000

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 reality of working in Alabuga is far grimmer than the version being marketed.

On this week’s episode, Senior Reporter Antony Sguazzin joins Jennifer Zabasajja to explore whether the scheme’s claims hold up under scrutiny and how Interpol is investigating allegations that the program amounts to human trafficking. Instead of providing genuine job opportunities, it may be placing young African women at risk in a war zone.

You can read Antony’s reporting on the Alabuga Start programme here.

For more stories from the region, subscribe to the Next Africa newsletter here

See omnystudio.com/listener for privacy information.

IMF Spring Meeting 2025: What the Global Slowdown Means for Africa

Thu, 24 Apr 2025 22:55:00 +0000

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 programmes at a time when there’s less help to be found.

On this episode of the Next Africa Podcast, Jennifer Zabasajja is joined by Bloomberg’s Matthew Hill, to find out what’s on the negotiating table, and how a trade war is making life harder for African governments already stuck between angry citizens and a restrictive IMF

For more stories from the region, subscribe to the Next Africa newsletter here

See omnystudio.com/listener for privacy information.

Tariffs, Trump, and the Stakes for Lesotho

Thu, 17 Apr 2025 22:55:00 +0000

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 from around 60 countries, all in a push to curb what he calls unfair trade imbalances.

Lesotho is now hoping to launch high-level talks with Washington.

On today’s episode, Jennifer Zabasajja speaks with Maarten Van Doesburg, Head of Economics at the Cape Peninsula University of Technology, about what could be at stake in those negotiations — and what Trump might really want in the long run.

For more stories from the region, subscribe to the Next Africa newsletter here

See omnystudio.com/listener for privacy information.

Will Formula One Finally Come Back To Africa?

Thu, 10 Apr 2025 22:55:00 +0000

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 on the Formula One circuit any time soon

For more stories from the region, subscribe to the Next Africa newsletter here

See omnystudio.com/listener for privacy information.

Flash Episode: Assessing The Impact Of Trump’s Tariffs On Africa

Thu, 03 Apr 2025 11:56:26 +0000

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 African Economies - and what the global trade war could mean for hopes of growth.

For more stories from the region, subscribe to the Next Africa newsletter here

See omnystudio.com/listener for privacy information.

How Polo Became the Sport of Business Kings in Nigeria

Thu, 27 Mar 2025 23:55:00 +0000

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 business is taking place on the polo field rather than in the board room

For more stories from the region, subscribe to the Next Africa newsletter here

See omnystudio.com/listener for privacy information.

Why West African Cocoa Farmers Aren’t Yet Benefiting From High Prices

Thu, 20 Mar 2025 23:55:00 +0000

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 yet seeing much benefit from the rising price.

Bloomberg Soft Commodities reporter Mumbi Gitau has just returned from Ghana and Ivory Coast, and joins Jennifer Zabasajja to explain what the recovery looks like at the cocoa farms, the pressures the industry is still facing and what it means for the price of our chocolate bars.

For more stories from the region, subscribe to the Next Africa newsletter here

See omnystudio.com/listener for privacy information.

Can Africa’s Economies Survive Global Economic Turmoil

Thu, 13 Mar 2025 23:55:00 +0000

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 conflicts and a chaotic trade war, what’s the outlook for growth in Africa in 2025? Jennifer Zabasajja sits down with Bloomberg Economics Africa Economist Yvonne Mhango to break down the headlines from these key budgets and find out what the global turmoil means for Africa.

For more stories from the region, subscribe to the Next Africa newsletter here

See omnystudio.com/listener for privacy information.

The 'Disaster' Impact Of USAID Cuts On Africa

Thu, 06 Mar 2025 23:55:00 +0000

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 of the Next Africa Podcast we go across the continent as Jennifer Zabasajja speaks to Bloomberg reporters Nduka Orjinmo, Simon Marks and Janice Kew to hear about the impact these cuts are having on the ground and what might fill the gap that the US has left behind.

For more stories from the region, subscribe to the Next Africa newsletter here

See omnystudio.com/listener for privacy information.

Can Nigeria’s Central Bank Revive The Country’s Dying ATMS?

Thu, 27 Feb 2025 23:55:00 +0000

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 are so popular and whether the moves by the Central Bank will actually make any difference on the ground. You can read Nduka’s reporting here.

For more stories from the region, subscribe to the Next Africa newsletter here

See omnystudio.com/listener for privacy information.

Can South Africa’s G20 Stand Up To President Trump

Thu, 20 Feb 2025 23:55:00 +0000

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 goals? Bloomberg senior reporter Antony Sguazzin joins Jennifer Zabasajja to outline what’s at stake, and what role other players like China and the EU have if the US steps back from Africa.

For more stories from the region, subscribe to the Next Africa newsletter here

See omnystudio.com/listener for privacy information.

Can Africa Profit From Soaring Gold?

Thu, 13 Feb 2025 23:55:00 +0000

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 Indaba, and he explains why he thinks the only way is up for gold - and what that means for investment in Africa. Plus, Bloomberg’s Ray Ndlovu joins from Bulawayo to explain why Zimbabwe’s gold backed currency just isn’t keeping pace with the rising price.

For more stories from the region, subscribe to the Next Africa newsletter here

See omnystudio.com/listener for privacy information.

Donald Trump and Elon Musk Take Aim at South Africa

Thu, 06 Feb 2025 23:55:00 +0000

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 sights, Jennifer Zabasajja is joined by Bloomberg’s Deputy Managing Editor for Africa Neil Munshi - and columnist and political commentator Justice Malala.

For more stories from the region, subscribe to the Next Africa newsletter here

See omnystudio.com/listener for privacy information.

Is Rwanda Overstepping In Congo?

Thu, 30 Jan 2025 23:55:00 +0000

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 a ceasefire and the risk this could spread into a wider regional conflict.

For more stories from the region, subscribe to the Next Africa newsletter here

See omnystudio.com/listener for privacy information.

Why Trump's WHO Withdrawal Is Bad News For Africa

Thu, 23 Jan 2025 23:55:00 +0000

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 that funding could put the work that the WHO carries out on containing diseases such as HIV, polio and Ebola as well as a recent outbreak of lethal Marburg virus at risk

For more stories from the region, subscribe to the Next Africa newsletter here

See omnystudio.com/listener for privacy information.

How the South African Mining Tragedy Unfolded

Thu, 16 Jan 2025 23:55:00 +0000

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’s S’thembile Cele has been on the ground at the Buffelsfontein mine and joins Jennifer Zabasajja, to explain who the miners were, why the government was so keen to crack down on illegal mining - and how the operation ended in such tragic circumstances.

For more stories from the region, subscribe to the Next Africa newsletter here

See omnystudio.com/listener for privacy information.

Is West Africa’s ‘Detty December’ really boosting local economies?

Fri, 10 Jan 2025 07:20:59 +0000

'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 inflation and depreciating currency. Bloomberg's Tiwa Adebayo who recently returned from Lagos tells Jennifer Zabasajja why some locals aren't sharing in the jubilation.

See omnystudio.com/listener for privacy information.

Does ECOWAS have a future in West Africa?

Thu, 19 Dec 2024 23:55:00 +0000

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 Jennifer Zabasajja to explain why the countries want to leave ECOWAS and what the future looks like for West Africa diplomacy

For more stories from the region, subscribe to the Next Africa newsletter here

See omnystudio.com/listener for privacy information.

How the downfall of Assad threatens Russia’s role in Africa

Fri, 13 Dec 2024 08:14:17 +0000

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 plan B, if russia leaves them behind

For more stories from the region, subscribe to the Next Africa newsletter here

See omnystudio.com/listener for privacy information.

How to Stop Africa’s Brain Drain

Thu, 05 Dec 2024 23:55:00 +0000

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 the west be doing more to help Africa make the most of it’s talent rather than losing it to places like the UK, US and Canada?

Author, journalist and Bloomberg columnist Ciku Kimeria joins Jennifer Zabasajja to talk about her latest piece on the issue, why so many people are choosing to leave and what future she hopes her young daughter will grow in to

For more stories from the region, subscribe to the Next Africa newsletter here

See omnystudio.com/listener for privacy information.

Is Democracy In Retreat in Africa?

Thu, 28 Nov 2024 23:55:00 +0000

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 Zabasajja to explain why he found it so hard, and if there’s any signs of hope for Democracy on the continent

For more stories from the region, subscribe to the Next Africa newsletter here

See omnystudio.com/listener for privacy information.

Gold Mining CEO Freed After $160 Million Deal

Thu, 21 Nov 2024 16:38:34 +0000

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 Next Africa newsletter here

See omnystudio.com/listener for privacy information.

How Africa Is Riding The Crypto Wave

Fri, 15 Nov 2024 14:26:58 +0000

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 how Bitcoin is being used across the continent, and why regulators want more control.

You can follow stories from the region with the Next Africa newsletter, you can subscribe here

See omnystudio.com/listener for privacy information.

Will Donald Trump’s Presidency Change The US Relationship With Africa?

Fri, 08 Nov 2024 11:41:39 +0000

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, a continent already far from the top of the US’s strategic priorities?

Deputy Managing Editor for Africa Neil Munshi and Africa and Middle East Reporter Peter Martin join Jennifer Zabasajja, to assess what this second Trump presidency could mean for Africa.

See omnystudio.com/listener for privacy information.

Why Indian Billionaire Gautam Adani Has His Sights On East Africa

Thu, 31 Oct 2024 23:55:00 +0000

What would YOU like to hear about on Bloomberg? Help make shows like ours even better by taking our Bloomberg audience survey.

Gautam Adani, the indian billionaire, is investing billions in East African infrastructure projects, from powerlines and ports to to airports - but in Kenya, his deals have been suspended by a court, as protesters are worried about what the takeovers might mean for jobs. So? P R Sanjai, a senior Bloomberg reporter in Mumbai, and Helen Nyambura, our East Africa bureau chief joins Jennifer Zabasajja to explain exactly who is Gautam Adani, and why East Africa is such an important region for one of India’s richest people.

You can follow stories from the region with the Next Africa podcast, you can subscribe here

See omnystudio.com/listener for privacy information.

Has The BRICS Summit Brought Russia and Africa Closer?

Thu, 24 Oct 2024 22:55:00 +0000

What would YOU like to hear about on Bloomberg? Help make shows like ours even better by taking our Bloomberg audience survey.

As Russia’s BRICS summit in Kazan comes to end, the Kremlin was keen to demonstrate that attempts to isolate Putin after the invasion of Ukraine have failed. On this week’s episode, Senior Reporter Henry Meyer, and Government Reporter S’thembile Cele join Jennifer Zabasajja to discuss the summit and Russia’s relationship with Africa - and what Russia and African leaders want and need from each other.

You can follow stories from the region with the Next Africa podcast, you can subscribe here

See omnystudio.com/listener for privacy information.

How a Blocked Oil Pipeline Has Left South Sudan’s Economy In Tatters

Thu, 17 Oct 2024 22:55:00 +0000

The worlds youngest country, South Sudan, depends on its oil revenue to fund the country, but a blocked pipeline in war torn Sudan to it’s north - has stopped the flow oil and the ability of much of the country to function. Simon Marks joins Jennifer Zabasajja to talk through his reporting from the region, and the despair from South Sudanese citizens feeling abandoned when’s the worlds attention is elsewhere,

You can catch up on all the latest stories in the region in the Next Africa newsletter. Sign up for it here.

See omnystudio.com/listener for privacy information.

Why has Kenya’s Deputy President Been Impeached?

Thu, 10 Oct 2024 22:55:00 +0000

Three months after deadly protests on the streets of Kenya, the country is facing more political instability. Deputy president Rigathi Gachagua faces being removed from office by lawmakers, after being accused of violating the constitution and formenting division in the country. East Africa Bureau chief Helen Nyambura joins Jennifer Zabasajja to explain how Kenyans are reacting to this latest crisis, and why the country continues to face instability

You can catch up on all the latest stories in the region in the Next Africa newsletter. Sign up for it here.

See omnystudio.com/listener for privacy information.

Why South Africa's Townships Suffer Worse From Climate Change

Fri, 04 Oct 2024 07:07:05 +0000

Catastrophic weather events from floods and storms to extreme heat are becoming more common as the climate continues to change, but the impacts are being felt worse among disadvantaged communities. A new report from the World Bank has shown that South Africa's townships are on average 6 to 8 degrees celcius hotter than wealthier suburbs in the same cities. Ntando Thukwana joins Jennifer Zabasajja to talk about her reporting on this story - and what the South African government needs to do to try and help

You can follow more stories from across the continent with the Next Africa News letter - you can subscribe here

See omnystudio.com/listener for privacy information.

Can Africa’s Richest Person Revive Nigeria’s Economy

Fri, 27 Sep 2024 08:49:15 +0000

As his new refinery begins gasoline production in Nigeria, Africa’s richest person, Aliko Dangote spoke exclusively to Bloomberg news. On this week’s podcast, Nduka Orjinmo joins Jennefier Zabasajja to look at who Dangote is, how he built his wealth - and why he thinks his gigantic refinery could help end the country's reliance on fuel subsidies.

You can watch the full interview here and read more of Nduka’s Nigeria coverage here. - and you can subscribe to the Next Africa newsletter for even more:

https://www.bloomberg.com/news/articles/2024-09-24/dangote-s-monster-refinery-fuels-fight-over-gasoline-subsidies

See omnystudio.com/listener for privacy information.

Why Record Coffee Prices Are A Double-Edged Sword

Thu, 19 Sep 2024 22:55:00 +0000

Coffee prices are continuing to rise as weather events continue to hit supply. In Uganda farmers are receiving as much as 7000 shillings ($1.89) per kilo - but the windfall is also attracting an unprecedented crime wave.

On this episode of the Next Africa podcast, Soft Commodities reporter Mumbi Gitau joins Jennifer Zabasajja to explain what’s behind the rising prices, and why it’s not all good news for the region’s farmers.

You can read more on the rise in crime on Uganda’s coffee farms here - and you can subscribe to the Next Africa newsletter for more

See omnystudio.com/listener for privacy information.

Could New Rocket Launch Sites Fuel Africa’s Space Race?

Thu, 12 Sep 2024 22:55:00 +0000

As Bloomberg revealed this week, the Turkish government is in talks with Somalia over a potential rocket launch site in East Africa. So why is Africa attractive to the Space Industry and what’s holding the continent back from making the most of the space sector to boost its economies? Jennifer Zabasajja is joined by Bloomberg reporter Bruce Einhorn, from the Business of Space newsletter, and our Johannesburg based technology reporter Loni Prinsloo to find out whether the African space economy is really ready for launch.

See omnystudio.com/listener for privacy information.

What China's economic woes means for African Debt

Wed, 04 Sep 2024 23:01:00 +0000

As the 9th Forum on China and Africa gets underway in Beijing, African leaders could find a partner that's less willing to open the checkbook than before. Bloomberg's Neil Munshi and Peter Martin join Jennifer Zabasajja to explain what China wants from African investment and how a struggling economy at home means it wants bigger returns on investment - which may end up saddling countries on the continent with more unaffordable debt.

See omnystudio.com/listener for privacy information.

Could the Mpox Crisis Have Been Avoided?

Thu, 29 Aug 2024 22:55:00 +0000

Two weeks since the Mpox outbreak was declared a global health emergency, cases have already been seen far beyond Africa. Scientists and public health officials are now asking whether this could have been avoided - and why we need to look again at how we treat tropical disease in Africa.

Janice Kew joins Jennifer Zabasajja to give the latest on the response, what’s happening with vaccines and why children, who account for most of the deaths, will have to wait longer for a vaccine.

Read all the latest coverage on Mpox on Bloomberg News

See omnystudio.com/listener for privacy information.

As Gold Soars Nations Spot A Sparkling Opportunity

Thu, 22 Aug 2024 22:55:00 +0000

The price of gold has hit another record high, partly driven by demand from central banks that see it as a way of protecting themselves from economic and geopolitical turbulence. Africa's central bankers have been among the buyers, as they see the precious metal as a valuable shield in an uncertain world. Bloomberg’s Ray Ndlovu joins Jennifer Zabasajja to explain the renewed interest in gold, and how long the trend might last.

Read Ray's reporting on Bloomberg here

See omnystudio.com/listener for privacy information.

Mpox Outbreak Becomes A Global Health Emergency

Thu, 15 Aug 2024 22:55:00 +0000

A mutated strain of Mpox in Central Africa has been declared a public health emergency of international by the World Health Organisation. About 15,000 cases have been reported so far in the DRC - but at least 6 other African countries have reported cases - and Burundi, Kenya, Rwanda and Uganda have reported their first ever Mpox cases.

Bloomberg Healthcare reporter Janice Kew joins Jennifer Zabasajja with the latest updates, and whether the international community is doing enough to support African countries in containing the outbreak

See omnystudio.com/listener for privacy information.

How a $25 million shopping mall shows why Congo has no National ID System

Fri, 09 Aug 2024 04:00:00 +0000

The ability to prove your ID for a bank account or for public services may be taken for granted in much of the world - but many countries still lack this basic infrastructure. It’s seen as so important - that it’s part of the UN’s sustainable development goals - but this push for biometric ID systems has also opened the door to corruption.

An investigation by Lighthouse Reports in partnership with Bloomberg has shown how money intended to create ID cards in the Democratic Republic of Congo may have been leveraged via shell companies to benefit a handful of the country's elite - and the Hypnose shopping centre in Lubumbashi is a product of the inequality and corruption that has long troubled the vast central African nation

Reporter Tomas Statius joins Jeneifer Zabasajja to talk about his investigation into the ID schemes and explain why one of the poorest countries in the world has one of the most expensive passports.

You can read the full story on Bloomberg now.

See omnystudio.com/listener for privacy information.

What’s gone wrong with Nigeria’s economy?

Thu, 01 Aug 2024 22:55:00 +0000

It should be Africa’s powerhouse, with major oil reserves and the continent's largest population. But Nigeria is facing the worse economic crisis in a generation. President Bola Tinubu has responded with radical reforms but, whilst seen by economists as the right thing to do, the measures are for now exacerbating the pain from the economic crisis and, one year into his term, Tinubu faces growing protests. So what’s gone wrong in Nigeria and does the government have the political will to fix it? Bloomberg’s Nduka Orjinmo in Abuja joins Jennifer Zabasajja with the latest from Nigeria

See omnystudio.com/listener for privacy information.

Is Michelin finally starting to notice African cooking?

Thu, 25 Jul 2024 22:55:00 +0000

It may have taken an intervention from a Hollywood star - but the Michelin Guide is slowly starting to recognise the rise of African cuisine in the fancy world of fine dining.

Jennifer Zabasajja leaves the Johannesburg studio to visit Akoko - a West African restaurant hitting the big time in London’s West End, and finds out who has more power: Will Poutler or the Michelin Guide.

Plus Bloomberg’s food editor Kate Krader tells Jennifer why African restaurants are suddenly having a moment.

See omnystudio.com/listener for privacy information.

Introducing 'Here's Why' - Complex News Stories Explained

Sun, 21 Jul 2024 10:00:00 +0000

Listen to the 'Here's Why' podcast: - on Apple: https://apple.co/3Lg3RGn - on Spotify: https://spoti.fi/3LiIX9q - or Anywhere: https://bit.ly/3xYsHHy.

Each episode of 'Here's Why' uses experts at Bloomberg to explain one news story in just a few minutes.

See omnystudio.com/listener for privacy information.

Could Namibia See The World's Last Oil Rush?

Thu, 18 Jul 2024 05:00:00 +0000

Energies companies from across the world are rushing to exploit huge oil discoveries off the coast of Namibia. Total, Shell and Galp all have plans for projects - which could start as early as this year - transforming the southern African state into a global energy power. Bloomberg’s Paul Burkhardt joins Jennifer Zabasajja to explain what the discovery could mean for Namibia.

You can read the story now on Bloomberg: https://www.bloomberg.com/news/articles/2024-07-18/african-outpost-gets-ready-to-become-world-s-newest-oil-hotspot

See omnystudio.com/listener for privacy information.

Will Rwanda ever see true democracy?

Fri, 12 Jul 2024 07:30:00 +0000

President Paul Kagame is likely to win reelection in Rwanda on Monday: he rarely wins less than 95% of the vote. But despite opposition figures being barred from standing against him, and human rights bodies raising concerns about the country - Kagame remains a key ally for western leaders. Neil Munshi and Simon Marks join Jennifer Zabasajja to talk about their latest profile of Kagame, and the how opposition within the country is trying to organise - and ask whether 30 years after the genocide if the country's impressive economic recovery comes at the cost of a free and fair democracy.

See omnystudio.com/listener for privacy information.

What rotten fruit tells you about South Africa's decaying infrastructure

Thu, 04 Jul 2024 11:04:44 +0000

South Arica's growing fruit exports have been a rare bright spot in a stagnant economy. Now they are in peril as well. The near-collapse of the state rail and ports company means 20-hour truck trips are needed to get fruit to export markets before they spoil. Ntando Thukwana joins Jennifer Zabasajja to discuss the threat to an industry that's one of the country's biggest employers.

See omnystudio.com/listener for privacy information.

The Deadly Protests That Forced Kenya's President To Scrap Tax Hikes

Fri, 28 Jun 2024 11:52:05 +0000

Kenya’s President made a surprise U-turn and withdrew his controversial finance bill which would have raised more than $2bn in taxes. Widespread protests led to the storming of parliament leaving some killed and many more injured - so why have Gen Z been leading the protests - and what does this mean for the future of President Ruto - who put so much capital on bringing down Kenya’s debt. Bloomberg’s Bella Genga updates us from Nairobi on a tumultuous week for Kenya

See omnystudio.com/listener for privacy information.

Could Solar Be The Answer To Africa’s Energy Crisis?

Thu, 20 Jun 2024 22:55:00 +0000

Countries all across Africa have some of the most potential for solar power in the world, receiving high levels of sunshine all year round. But costs and delays mean very few have been able to benefit from it. Will solar power remain just an expensive way for the rich to avoid the unreliable energy grid, or will it hope to increase access to power - and become a valuable natural resource for countries like Namibia and Morocco. Bloomberg’s South Africa based energy reporter Paul Burkhardt tells us whether the sun is the bright future for Africa’s energy.

See omnystudio.com/listener for privacy information.

Why African Nations Are Betting On A Copper Coated Future

Thu, 13 Jun 2024 22:30:00 +0000

With the price of copper hovering around record highs thanks to the demand for the green transition - Zambia and the DRC want to seize an opportunity to capitalize on this and rebuild their economies.

At DRC Mining week in Lubumbashi, copper is high on the agenda - and Bloomberg’s William Clowes speaks to us from the conference. Plus Matthew Hill in Zambia explains why President Hakainde Hichilema is betting big on copper.

See omnystudio.com/listener for privacy information.

Why Does The Internet Keep Going Down in Africa?

Thu, 06 Jun 2024 22:30:00 +0000

The internet plays a central role in modern life, so much so that living without it is unfathomable for some. But that's been the reality for a number of Africans this year as several countries on the continent battle to stay connected despite damage to crucial cables. This week, host Jennifer Zabasajja and reporters Ramah Nyang in Nairobi and Loni Prinsloo in Johannesburg dig into the problem's roots and examine potential solutions.

See omnystudio.com/listener for privacy information.

The ANC Loses Its Majority, What Does It Mean For South Africa?

Mon, 03 Jun 2024 14:25:59 +0000

It is its worst performance since Nelson Mandela led the ANC to power in 1994. In South Africa, the African National Congress has lost its majority in parliament. The party has begun talks with rivals to form a government. In this special episode of the Next Africa Podcast, host Jennifer Zabasajja and Bloomberg Government reporter S’thembile Cele discuss what this means for the future of the country.

See omnystudio.com/listener for privacy information.

The Big Take: Why Voters Could Deliver Major Change In South Africa

Thu, 30 May 2024 11:34:47 +0000

South Africa’s ruling party looks set to fall short of securing a parliamentary majority for the first time since surging to power at the end of apartheid three decades ago, ushering in a period of uncertainty with a coalition partner needed to retain control.

The African National Congress is on course to win 42% of the votes cast in Wednesday’s national election, according to projections based on early results. That would be a massive 15.5 percentage point drop from the last vote five years ago.

In this week’s special episode, The Big Take host Sarah Holder is joined by Johannesburg-based economic and government affairs reporter Ntando Thukwana to discuss why voters are seemingly souring on the ANC.

See omnystudio.com/listener for privacy information.

Could An Anti-LGBTQ Bill Damage Ghana's Economy?

Thu, 23 May 2024 22:00:00 +0000

In Ghana, the Supreme Court has started hearing suits against a bill that seeks to punish people who identify as LGBTQ. The proposed legislation could threaten funding support from the World Bank and the IMF who have non-discrimination standards. It could also set back a $20 billion debt restructuring deal the country is still negotiating. This week, on the Next Africa podcast, Jennifer Zabasajja and Bloomberg Senior reporter Yinka Ibukun discuss the potential social and financial implications on Ghana and beyond if the bill is passed.

See omnystudio.com/listener for privacy information.

Nigeria And The Naira's Roller Coaster

Thu, 16 May 2024 22:00:00 +0000

The Naira, Nigeria's currency has been devalued twice since June 2023. Despite a gain in March 2024, the pressure on the economy is increasing. This week on the Next Africa Podcast, Jennifer Zabasajja and Bloomberg's Nigeria Bureau Chief Anthony Osae-Brown discuss how this currency's roller coaster has been affecting consumers and businesses.

See omnystudio.com/listener for privacy information.

Is this African Country The Key to Keeping the Red Sea Safe ?

Thu, 09 May 2024 22:30:00 +0000

Yemen's Iran-backed Houthi militants have disturbed global trade with attacks on commercial ships in the Red Sea. One African country has been playing a major role in Western allies efforts to contain those attacks.

This week on the Next Africa Podcast Jennifer Zabasajja and Simon Marks discuss why Djibouti's strategic importance in the region is providing the country with an economic boost.

See omnystudio.com/listener for privacy information.

Ethiopia: An African Paradise For Crypto Miners?

Thu, 02 May 2024 22:00:00 +0000

Crypto mining is an energy-intensive process. So miners are always on the lookout for the best place to operate. The United States and Hong Kong are known hosts for mining. But lately another country stands out: Ethiopia.

On this week’s Next Africa Podcast, host Jennifer Zabasajja speaks with Bloomberg’s reporter Fasika Tadesse about how Ethiopia is now seen as a growth market in the crypto industry - especially for Chinese miners. A move that is not welcomed by everyone in the country.

See omnystudio.com/listener for privacy information.

Can The ZiG Make Hyperinflation History?

Fri, 26 Apr 2024 09:00:00 +0000

This week on the Next Africa podcast we look at the recent introduction of a new currency in Zimbabwe, the ZiG. This is the country's sixth attempt to have a functional local currency since 2008 when inflation crossing 231 million percent left it worthless. Bloomberg's Harare based reporter Ray Ndlovu joins host Jennifer Zabasajja to discuss if Zimbabwe may have finally struck gold with the ZiG.

See omnystudio.com/listener for privacy information.

Is The Party Of Mandela About To Lose Power In South Africa?

Thu, 18 Apr 2024 11:49:10 +0000

In 1994 apartheid in South Africa ended and Nelson Mandela led the ANC to a historic democratic victory. Thirty years on, the party which has ruled the country ever since, could be about to lose it's grip on power. Our South Africa Government Reporter S'thembile Cele joins host Jennifer Zabasajja to discuss how decades of scandals, corruption and internal fights have eroded support for a party which was once the default option for many.

See omnystudio.com/listener for privacy information.

Why Are Chocolate Prices Going Up And Up And Up?

Wed, 10 Apr 2024 22:00:00 +0000

Over the past few weeks, cocoa prices have jumped to reach unprecedent levels. On the first episode of the Next Africa podcast, Bloomberg's Jennifer Zabasajja and Mumbi Gitau look into the reasons behind the surge and what it means for African farmers, the chocolate industry and the consumers.

See omnystudio.com/listener for privacy information.