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Trump Tariff Costs; Nollywood’s Investment Moment | Bloomberg Next Africa

DeFi Daily News by DeFi Daily News
April 26, 2025
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Trump Tariff Costs; Nollywood’s Investment Moment | Bloomberg Next Africa
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US President Donald Trump’s tariff announcements have rattled markets and the new levies are forcing a reconsideration of trade relations, including among African nations. Plus, Lagos hosts one of the world’s largest movie industries, Nollywood. But with the naira in flux, streamers are pulling back from initial plans to invest in local productions. Instead, local fund managers and investors are stepping in to plug the gap and reap the rewards. On this episode of Bloomberg Next Africa, we speak to some of these investors and hear from one of the country’s biggest producers, Mo Abudu.

00:00 – Bloomberg Next Africa
01:16 – Trump tariffs: impact on Africa’s economies
10:35 – Investing in Nollywood
14:00 – Ebonylife Group CEO, Mo Abudu on Nollywood expansion into Europe
20:40 – Investing Africa: Why African VCs are worth an investment
21:31 – African cities vie for inclusion into F1 Circuit
——–
More on Bloomberg Television and Markets

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Visit http://www.bloomberg.com for business news & analysis, up-to-the-minute market data, features, profiles and more.

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Watch more on YouTube:
Bloomberg Technology: https://www.youtube.com/@BloombergTechnology
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Tags: africaafrica newsafrican economyBloombergBloomberg NewsBloomberg TVCostsCurrencycurrency marketsDonald TrumpEconomyEntertainmentFilmfilm industryFilmsglobal politicsinternational relationsInvestingInvestmentJennifer ZabasajjaMarketMarketsmomentMovieMoviesNairaNigeriaNollywoodsPoliticstarifftariffstradetrade relationshipTrumpTrump Tarifftrump tariffsTrump tradeUS economyus politics
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