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Next Africa
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Manage series 2463991
Content provided by Bloomberg. All podcast content including episodes, graphics, and podcast descriptions are uploaded and provided directly by Bloomberg or their podcast platform partner. If you believe someone is using your copyrighted work without your permission, you can follow the process outlined here https://ro.player.fm/legal.
Each week, Jennifer Zabasajja provides a deep dive into the business stories that shape Africa. Join Jennifer and our Bloomberg reporters as they lift the lid on the news driving the continent.
90 episoade
Marcați toate (ne)redate ...
Manage series 2463991
Content provided by Bloomberg. All podcast content including episodes, graphics, and podcast descriptions are uploaded and provided directly by Bloomberg or their podcast platform partner. If you believe someone is using your copyrighted work without your permission, you can follow the process outlined here https://ro.player.fm/legal.
Each week, Jennifer Zabasajja provides a deep dive into the business stories that shape Africa. Join Jennifer and our Bloomberg reporters as they lift the lid on the news driving the continent.
90 episoade
Toate episoadele
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Next Africa


1 Why West African Cocoa Farmers Aren’t Yet Benefiting From High Prices 14:18
14:18
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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.…
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Next Africa


1 Can Africa’s Economies Survive Global Economic Turmoil 15:58
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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.…
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Next Africa


1 The 'Disaster' Impact Of USAID Cuts On Africa 21:44
21:44
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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.…
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Next Africa


1 Can Nigeria’s Central Bank Revive The Country’s Dying ATMS? 15:01
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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.…
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Next Africa


1 Can South Africa’s G20 Stand Up To President Trump 13:03
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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.…
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Next Africa


1 Can Africa Profit From Soaring Gold? 14:39
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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.…
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Next Africa


1 Donald Trump and Elon Musk Take Aim at South Africa 15:07
15:07
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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.…
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Next Africa


1 Is Rwanda Overstepping In Congo? 17:17
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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.…
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Next Africa


1 Why Trump's WHO Withdrawal Is Bad News For Africa 12:26
12:26
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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.…
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Next Africa


1 How the South African Mining Tragedy Unfolded 15:47
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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.…
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Next Africa


1 Is West Africa’s ‘Detty December’ really boosting local economies? 15:43
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'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.…
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Next Africa


1 Does ECOWAS have a future in West Africa? 13:36
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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.…
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Next Africa


1 How the downfall of Assad threatens Russia’s role in Africa 15:05
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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.…
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Next Africa


1 How to Stop Africa’s Brain Drain 14:54
14:54
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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.…
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Next Africa


1 Is Democracy In Retreat in Africa? 16:26
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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.…
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