The Naira, Nigeria's currency has been devalued twice since June 2023. Despite a gain in March 2024, the pressure on the economy is increasing. This week on the Next Africa Podcast, Jennifer Zabasajja and Bloomberg's Nigeria Bureau Chief Anthony Osae-Brown discuss how this currency's roller coaster has been affecting consumers and businesses. 

The Naira, Nigeria's currency has been devalued twice since June 2023. Despite a gain in March 2024, the pressure on the economy is increasing. This week on the Next Africa Podcast, Jennifer Zabasajja and Bloomberg's Nigeria Bureau Chief Anthony Osae-Brown discuss how this currency's roller coaster has been affecting consumers and businesses.

Next Africa is a weekly podcast about where Africa is going and why it matters to everyone.

Each episode tells a story from the continent and follows it through real life, business, politics and culture. From electricity and climate to jobs, migration, technology, sport and music, the podcast looks at the forces shaping daily life and how those changes connect to the wider world.

The show covers challenges and breakthroughs side by side. It explains the impact of energy shortages and climate risk, but also the rise of new industries, creative economies and young entrepreneurs. Stories are reported on the ground and told with clarity, combining data, context and lived experience.

Hosted by Jennifer Zabasajja and built on original journalism from reporters on the ground, Next Africa puts local voices at the centre of the story, delivering clear, factual reporting without cliché or assumption.

Whether you live on the continent or want to better understand a region shaping the future, Next Africa offers insight, perspective and stories worth listening to.

Next Africa is a weekly podcast about where Africa is going and why it matters to everyone.
Each episode tells a story from the continent and follows it through real life, business, politics and culture. From electricity and climate to jobs, migration, technology, sport and music, the podcast looks at the forces shaping daily life and how those changes connect to the wider world.
The show covers challenges and breakthroughs side by side. It explains the impact of energy shortages and climate risk, but also the rise of new industries, creative economies and young entrepreneurs. Stories are reported on the ground and told with clarity, combining data, context and lived experience.
Hosted by Jennifer Zabasajja and built on original journalism from reporters on the ground, Next Africa puts local voices at the centre of the story, delivering clear, factual reporting without clich&eacute; or assumption.
Whether you live on the continent or want to better understand a region shaping the future, Next Africa offers insight, perspective and stories worth listening to.

Inside the stories shaping the world’s fastest-growing continent.

Next Africa

Nigeria And The Naira's Roller Coaster

https://api.omny.fm/orgs/e73c998e-6e60-432f-8610-ae210140c5b1/clips/95caead6-7f2e-485b-b285-b17100cdf218/transcript

Ethiopia’s ruling party has established a commanding lead in preliminary election results, leaving Prime Minister Abiy Ahmed on track to secure another five-year term.

On this week’s episode, Tiwa Adebayo speaks with Bloomberg Senior East Africa Reporter Simon Marks and Ethiopia Reporter Fasika Tadesse about why the election outcome was rarely in doubt, the political and security risks that persist, and what Abiy’s renewed mandate means for the Horn of Africa and Ethiopia’s international partners.

For more stories from across the continent, subscribe to the Next Africa newsletter.

Ethiopia&rsquo;s ruling party has established a commanding lead in preliminary election results, leaving Prime Minister Abiy Ahmed on track to secure another five-year term.
On this week&rsquo;s episode, Tiwa Adebayo speaks with Bloomberg Senior East Africa Reporter Simon Marks and Ethiopia Reporter Fasika Tadesse about why the election outcome was rarely in doubt, the political and security risks that persist, and what Abiy&rsquo;s renewed mandate means for the Horn of Africa and Ethiopia&rsquo;s international partners.
For more stories from across the continent, subscribe to the&nbsp;<a href="https://www.bloomberg.com/account/newsletters/next-africa">Next Africa newsletter</a>.

Why Ethiopia’s Election Was Never in Doubt

https://api.omny.fm/orgs/e73c998e-6e60-432f-8610-ae210140c5b1/clips/21d75366-fccc-4244-8100-b46600f3a294/transcript

Here's a bonus episode from another Bloomberg podcast we think listeners to Next Africa might enjoy

Could Africa’s long-misunderstood population boom become its greatest economic advantage? Economist and author Joe Studwell joins host Merryn Somerset Webb to discuss his book, How Africa Works: Success and Failure on the World's Last Developmental Frontier. He argues that rising population density is already transforming the continent by creating deeper markets, boosting agricultural productivity, supporting urbanization and making manufacturing more viable. While governance, debt and commodity dependence remain risks, he sees a more diverse, locally driven growth story emerging across Africa.

Find more episodes from Merryn Talks Money here

Here's a bonus episode from another Bloomberg podcast we think listeners to Next Africa might enjoy
Could Africa&rsquo;s long-misunderstood population boom become its greatest economic advantage? Economist and author Joe Studwell joins host Merryn Somerset Webb to discuss his book, How Africa Works: Success and Failure on the World's Last Developmental Frontier. He argues that rising population density is already transforming the continent by creating deeper markets, boosting agricultural productivity, supporting urbanization and making manufacturing more viable. While governance, debt and commodity dependence remain risks, he sees a more diverse, locally driven growth story emerging across Africa.
Find more episodes from Merryn Talks Money <a href="https://www.bloomberg.com/merryn-talks-money-podcast">here</a>

    BONUS: Merryn Talks Money - Africa’s Growth Engine

https://api.omny.fm/orgs/e73c998e-6e60-432f-8610-ae210140c5b1/clips/206ecd0d-5db5-49ec-8b05-b46000b49eb5/transcript

The 2014-16 Ebola epidemic in Guinea, Liberia and Sierra Leone triggered one of the most severe health-related economic shocks in modern African history. While the current outbreak in the Democratic Republic of Congo remains a serious concern, analysts expect its economic impact to be far more contained.

On today’s Next Africa podcast, Bloomberg Economics Africa Economist Yvonne Mhango joins Jennifer Zabasajja to discuss her latest research on the outbreak, why the West African epidemic dealt such a heavy blow to growth, what makes the situation in Congo different, and the key risks policymakers and investors should still be watching.

You can read Yvonne’s analysis on Bloomberg Economic Insights, and for more stories from across the continent, subscribe to the Next Africa newsletter.

 

The 2014-16 Ebola epidemic in Guinea, Liberia and Sierra Leone triggered one of the most severe health-related economic shocks in modern African history. While the current outbreak in the Democratic Republic of Congo remains a serious concern, analysts expect its economic impact to be far more contained.
On today&rsquo;s Next Africa podcast, Bloomberg Economics Africa Economist Yvonne Mhango joins Jennifer Zabasajja to discuss her latest research on the outbreak, why the West African epidemic dealt such a heavy blow to growth, what makes the situation in Congo different, and the key risks policymakers and investors should still be watching.
You can read Yvonne&rsquo;s analysis on Bloomberg Economic Insights, and for more stories from across the continent, subscribe to the <a href="https://www.bloomberg.com/account/newsletters/next-africa">Next Africa newsletter</a>.
&nbsp;

Can Africa Avoid An Ebola Economic Shock?

https://api.omny.fm/orgs/e73c998e-6e60-432f-8610-ae210140c5b1/clips/2c83a3ec-0276-4bda-ae10-b45f00feb759/transcript

Nigeria And The Naira's Roller Coaster

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