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Why Water Is Africa’s Next Precious Commodity

An episode of the Next Africa podcast, hosted by Bloomberg, titled "Why Water Is Africa’s Next Precious Commodity" was published on April 2, 2026 and runs 17 minutes.

April 2, 2026 ·17m · Next Africa

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Lesotho’s abundant water has become one of the kingdom’s most strategic revenue streams. Its landmark deal to provide water for neighboring South Africa underscores the growing importance of water diplomacy across a continent increasingly strained by scarcity.

In this episode of the Next Africa Podcast, Jennifer Zabasajja speaks with Bloomberg’s Andre-Pierre du Plessis about Lesotho’s push to modernize its four-decade-old water agreement for the 21st century, and then speaks with Olivier Cogels, Professor Emeritus of UCLouvain, and advisor to governments across Africa and Asia, to explore how water-sharing deals can adapt to mounting pressure from climate change and rising demand.

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