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...
Oct 09, 2025•15 min
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 ...
Oct 02, 2025•16 min
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 eco...
Sep 25, 2025•15 min
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 nei...
Sep 11, 2025•15 min
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 Jenni...
Sep 04, 2025•15 min
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...
Aug 28, 2025•14 min
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, wh...
Aug 21, 2025•17 min
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...
Aug 14, 2025•14 min
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 el...
Aug 07, 2025•15 min
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 ...
Jul 31, 2025•16 min
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 leader...
Jul 24, 2025•16 min
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...
Jul 17, 2025•15 min
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 r...
Jul 10, 2025•14 min
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 ...
Jul 03, 2025•16 min
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 ...
Jun 26, 2025•15 min
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 t...
Jun 20, 2025•14 min
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 Am...
Jun 12, 2025•15 min
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 ...
Jun 05, 2025•14 min
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 Repor...
May 30, 2025•17 min
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 sustainab...
May 22, 2025•17 min
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 asse...
May 15, 2025•14 min
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 lon...
May 09, 2025•12 min
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, Seni...
May 02, 2025•13 min
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 joi...
Apr 24, 2025•18 min
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...
Apr 17, 2025•14 min
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 he...
Apr 10, 2025•15 min
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 re...
Apr 03, 2025•13 min
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 reg...
Mar 27, 2025•16 min
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 re...
Mar 20, 2025•14 min
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 Zabasa...
Mar 13, 2025•16 min
