Why Ethiopia’s Giant Dam has Left Egypt and Sudan Angry
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 hereSee omnystudio.com/listener for privacy information.
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Can Botswana Survive the Lab-Grown Diamond Boom?
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 hereSee omnystudio.com/listener for privacy information.
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Can Africa’s Music Festivals Compete On The World Stage?
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.
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Oil Workers Recount Yearslong Detention in Equatorial Guinea
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 hereSee omnystudio.com/listener for privacy information.
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Why Africa’s Ultra Luxury Hotels Are Booming
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.
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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