Next Africa

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Why South Africa's $220 Billion Pension Fund Manager Is in Crisis

August 07, 2026

South Africa's Public Investment Corp., the $220 billion manager of civil servants' pensions and a major shareholder in many of the country's biggest companies, has lurched from one crisis to another. Its chief executive was suspended before a court ordered his reinstatement, while the chairman — who also served as deputy finance minister — resigned amid the fallout. On this week's Next Africa podcast, South Africa Bureau Chief Alexander Parker joins Jennifer Zabasajja to explain ...

Why African Stocks Are Beating the World

July 31, 2026

Nigeria's stock market is the world's best-performing equity market this year. Its benchmark index has outpaced every major market, including South Korea, delivering the highest dollar returns to investors. Ghana, Tunisia and Kenya have also ranked among the world's top-performing markets, as economic reforms and improving investor sentiment fuel a rally across parts of the continent. On this week's Next Africa podcast, we explore what's driving Africa's stock market surge, whether the rally ...

How USAID Cuts Caused Floods in Kenya

July 24, 2026

Eighteen months after the Trump administration shut down USAID, a painstaking Bloomberg investigation into abandoned water projects in Kenya using interviews, satellite imagery and data analysis has revealed the stark consequences of that decision. On this week’s Next Africa podcast, Bloomberg’s Senior East Africa reporter, Simon Marks, discusses his findings. Former East Africa USAID director Amanda Robertson then explains what happened when they found out their projects had to b...