Next Africa

Apr 03 2025 52 ep. 14 mins 546

Next Africa Podcast artwork

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.

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

Apr 03 2025 12 mins

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

How Polo Became the Sport of Business Kings in Nigeria

Mar 27 2025 16 mins

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,

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

Mar 20 2025 14 mins

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 countrie

Can Africa’s Economies Survive Global Economic Turmoil

Mar 13 2025 15 mins

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 deali

The 'Disaster' Impact Of USAID Cuts On Africa

Mar 06 2025 21 mins

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

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

Feb 27 2025 15 mins

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 the

Can South Africa’s G20 Stand Up To President Trump

Feb 20 2025 13 mins

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&rsq

Can Africa Profit From Soaring Gold?

Feb 13 2025 14 mins

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 Sout

Donald Trump and Elon Musk Take Aim at South Africa

Feb 06 2025 15 mins

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 i

Is Rwanda Overstepping In Congo?

Jan 30 2025 17 mins

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 cha