Dangote Says End Nigeria Fuel Subsidies; ZiG Takes Strain | Africa Amplified

2 hours ago 17


Nigerian billionaire Aliko Dangote has reignited debate on fuel subsidies in Nigeria, telling Bloomberg the "time is right" for the West African nation to scrap them. Staying with energy, Daniel Chapo, the front runner in Mozambique's October 9 presidential election, exclusively tells Bloomberg how he plans to capitalize on the country's gas reserves. We also feature the launch of Bloomberg's inaugural Africa Startups to Watch and tell you how to apply. But first, we bring you a roundup of the top stories from east, west and southern Africa, including Zimbabwe's latest currency experiment looking like in might be going down a dead end, the worst floods in decades across the Sahel region and billionaire Gautam Adani's airport project sparking protests in Kenya. 00:00 Intro 00:30 Around the continent: ZiG devalues, Sahel floods, Adani project sparks protests 02:00 South Africa investment drive 13:23 Mozambique Presidential Election front runner exclusive 17:25 International Finance Corporation on currency volatility risk 18:10 Central bank bonanza: South Africa, Ghana cut; Nigeria surprises 22:18 Bloomberg launches inaugural Africa Startups to Watch list. Find out how to apply! -------- More on Bloomberg Television and Markets Like this video? Subscribe and turn on notifications so you don't miss any videos from Bloomberg Markets & Finance: https://tinyurl.com/ysu5b8a9 Visit http://www.bloomberg.com for business news & analysis, up-to-the-minute market data, features, profiles and more. Connect with Bloomberg Television on: X: https://twitter.com/BloombergTV Facebook: https://www.facebook.com/BloombergTelevision Instagram: https://www.instagram.com/bloombergtv/ Connect with Bloomberg Business on: X: https://twitter.com/business Facebook: https://www.facebook.com/bloombergbusiness Instagram: https://www.instagram.com/bloombergbusiness/ TikTok: https://www.tiktok.com/@bloombergbusiness?lang=en Reddit: https://www.reddit.com/r/bloomberg/ LinkedIn: https://www.linkedin.com/company/bloomberg-news/ More from Bloomberg: Bloomberg Radio: https://twitter.com/BloombergRadio Bloomberg Surveillance: https://twitter.com/bsurveillance Bloomberg Politics: https://twitter.com/bpolitics Bloomberg Originals: https://twitter.com/bbgoriginals Watch more on YouTube: Bloomberg Technology: https://www.youtube.com/@BloombergTechnology Bloomberg Originals: https://www.youtube.com/@business Bloomberg Quicktake: https://www.youtube.com/@BloombergQuicktake Bloomberg Espanol: https://www.youtube.com/@bloomberg_espanol Bloomberg Podcasts: https://www.youtube.com/@BloombergPodcasts