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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.
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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.
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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.
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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.
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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
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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.
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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.
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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
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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
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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
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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
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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
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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.
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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.
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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
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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
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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.
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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.
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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 hereSee omnystudio.com/listener for privacy information.
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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-subsidiesSee omnystudio.com/listener for privacy information.
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