1 00:00:02,520 --> 00:00:07,000 Speaker 1: Bloomberg Audio Studios, Podcasts, radio News. 2 00:00:08,680 --> 00:00:12,040 Speaker 2: Israel is building security ties with the breakaway state of 3 00:00:12,119 --> 00:00:16,079 Speaker 2: Somaliland and could plan a red sea base to target 4 00:00:16,160 --> 00:00:17,240 Speaker 2: Houti rebels. 5 00:00:17,600 --> 00:00:20,200 Speaker 3: Well, there is no limit as what areas that we 6 00:00:20,280 --> 00:00:20,919 Speaker 3: can work with. 7 00:00:21,400 --> 00:00:22,160 Speaker 1: We can work. 8 00:00:22,000 --> 00:00:26,880 Speaker 4: Together, but the details of a specific area will come 9 00:00:27,120 --> 00:00:29,000 Speaker 4: after the President visit TUESDA. 10 00:00:29,560 --> 00:00:34,280 Speaker 2: Israel is the only UN member to recognize Somaliland's independence 11 00:00:34,600 --> 00:00:38,120 Speaker 2: and could use that relationship to target Iran's allies on 12 00:00:38,159 --> 00:00:39,440 Speaker 2: the Arabian Peninsula. 13 00:00:39,760 --> 00:00:42,120 Speaker 3: Our friendship is seminole and historic. 14 00:00:42,520 --> 00:00:45,880 Speaker 5: I think this would be a great opportunity for expanding 15 00:00:45,920 --> 00:00:46,760 Speaker 5: our partnership. 16 00:00:47,040 --> 00:00:51,159 Speaker 2: On today's podcast, we'll look at Israel's relationship with Somaliland, 17 00:00:51,440 --> 00:00:53,840 Speaker 2: what a base in the region could look like, and 18 00:00:53,920 --> 00:00:59,280 Speaker 2: the wider impact it could have on the Horn of Africa. 19 00:01:00,040 --> 00:01:03,800 Speaker 2: Jonnifer's Abasaja and this is the Next Africa podcast, bringing 20 00:01:03,800 --> 00:01:06,720 Speaker 2: you one story each week from the continent, driving the 21 00:01:06,760 --> 00:01:10,400 Speaker 2: future of global growth with the context only Bloomberg can provide. 22 00:01:12,240 --> 00:01:15,440 Speaker 2: Joining us today is our East Africa reporter Simon Marx 23 00:01:15,520 --> 00:01:19,480 Speaker 2: and also Bloomberg's Israel Bureau chief Ethan Bronner. Thank you 24 00:01:19,480 --> 00:01:22,680 Speaker 2: both so much for joining us. To unpack the story 25 00:01:22,720 --> 00:01:23,320 Speaker 2: that you worked on. 26 00:01:23,360 --> 00:01:26,080 Speaker 1: Simon. Let's just start with you. Can you give us 27 00:01:26,120 --> 00:01:27,560 Speaker 1: a bit of context. 28 00:01:27,080 --> 00:01:30,600 Speaker 2: About Somaliland for people who don't know much about it 29 00:01:30,680 --> 00:01:33,119 Speaker 2: and how the breakaway state came about. 30 00:01:34,400 --> 00:01:38,800 Speaker 5: So, Somaliland has had decades long history fighting for independence. 31 00:01:39,120 --> 00:01:43,320 Speaker 5: It was a British protectorate in the nineteenth century right 32 00:01:43,400 --> 00:01:46,720 Speaker 5: up to nineteen sixty when it declared independence for the 33 00:01:46,720 --> 00:01:51,360 Speaker 5: first time, but after that the Somali federal government never 34 00:01:51,800 --> 00:01:56,200 Speaker 5: really endorsed the move and it's had a struggle with Mogadishu, 35 00:01:56,480 --> 00:02:00,520 Speaker 5: the capital of Somalia, to truly gain in the deence, 36 00:02:00,920 --> 00:02:04,640 Speaker 5: and that tension resulted in a civil war in the eighties, 37 00:02:05,080 --> 00:02:10,040 Speaker 5: a very bloody campaign which flattened Somaliland's capital, Hargeisa in 38 00:02:10,120 --> 00:02:15,280 Speaker 5: nineteen ninety one, after which it once again declared independence, 39 00:02:15,840 --> 00:02:18,960 Speaker 5: and for the next thirty years or so it has 40 00:02:19,080 --> 00:02:23,160 Speaker 5: been in a sort of tussle with Somalia to actually 41 00:02:23,760 --> 00:02:27,079 Speaker 5: endorse that it is a self governing region. It does 42 00:02:27,120 --> 00:02:31,600 Speaker 5: effectively have independence, but it's never really been recognized and 43 00:02:31,639 --> 00:02:36,080 Speaker 5: Somalilanders really have a lot of contempt for Somalia and 44 00:02:36,120 --> 00:02:39,280 Speaker 5: the government in Mogadishu for the bombing campaign and the 45 00:02:39,320 --> 00:02:43,400 Speaker 5: bloody atrocities it led against them in the eighties and nineties. 46 00:02:43,600 --> 00:02:48,399 Speaker 2: Which made Prime Minister Netanyahu's decision to recognize Somaliland last 47 00:02:48,480 --> 00:02:51,680 Speaker 2: year that big of a deal. Can you speak to 48 00:02:52,360 --> 00:02:56,360 Speaker 2: the reaction and the impact from Somalilanders around that. 49 00:02:56,840 --> 00:02:57,080 Speaker 3: Yes. 50 00:02:57,240 --> 00:03:01,720 Speaker 5: So, obviously Israel's recognition of Somali Land, it's the first 51 00:03:01,919 --> 00:03:05,760 Speaker 5: country to have done it. It was a humongous deal 52 00:03:05,919 --> 00:03:09,799 Speaker 5: for Somali Landers. There were celebrations in the streets. People 53 00:03:09,800 --> 00:03:14,000 Speaker 5: were lining the capitol holding Israeli flags and it was 54 00:03:14,320 --> 00:03:18,240 Speaker 5: an amazing scene. You know, Somali Land is a Muslim country, 55 00:03:18,680 --> 00:03:23,560 Speaker 5: so it really brought together both Muslims and Jews who 56 00:03:23,639 --> 00:03:27,320 Speaker 5: were there at the time. And for Somaliland, I think 57 00:03:28,040 --> 00:03:30,640 Speaker 5: they were just happy that they got the first country 58 00:03:30,680 --> 00:03:33,360 Speaker 5: to recognize them and saw this as an opportunity for 59 00:03:33,480 --> 00:03:37,000 Speaker 5: other countries then to join the bandwagon, which I must 60 00:03:37,200 --> 00:03:40,160 Speaker 5: say has not been an easy feat. There has been 61 00:03:40,400 --> 00:03:44,120 Speaker 5: no other country come on board since Israel recognized it, 62 00:03:44,600 --> 00:03:47,560 Speaker 5: and that has led to some questions about, you know, 63 00:03:47,640 --> 00:03:51,240 Speaker 5: whether Israel was the best country to recognize it first, 64 00:03:51,320 --> 00:03:54,440 Speaker 5: considering everything that's going on in the Middle East at 65 00:03:54,440 --> 00:03:55,200 Speaker 5: the moment. 66 00:03:55,760 --> 00:03:58,760 Speaker 2: And we saw a strong reaction from other international leaders 67 00:03:58,800 --> 00:04:02,280 Speaker 2: around that. Ethan, just bring you in from the Israeli side. 68 00:04:02,800 --> 00:04:08,680 Speaker 2: Can you speak to the strategic decision behind Israel recognizing Somaliland? 69 00:04:08,760 --> 00:04:10,120 Speaker 1: Why is it such a priority? 70 00:04:10,560 --> 00:04:14,440 Speaker 4: The main issue for Israel is that it's an opportunity 71 00:04:14,520 --> 00:04:18,640 Speaker 4: for them to get closer to the Juti militias in Yemen. 72 00:04:19,000 --> 00:04:23,320 Speaker 4: The Jutis have been a really rough enemy to Israel 73 00:04:23,520 --> 00:04:26,720 Speaker 4: in recent years. It turns out that Israel wasn't really 74 00:04:26,760 --> 00:04:29,440 Speaker 4: watching them all that closely until the last couple of 75 00:04:29,520 --> 00:04:34,840 Speaker 4: years when ballistic missiles were flying into Israel from the Yemen. 76 00:04:35,360 --> 00:04:38,280 Speaker 4: And they've now taken the view that you're taking on 77 00:04:38,320 --> 00:04:41,359 Speaker 4: the Houtis in Yemen has a level of significance not 78 00:04:41,520 --> 00:04:46,440 Speaker 4: so different from Hamas in Gaza, from the Hezballah in Lebanon, 79 00:04:46,520 --> 00:04:49,560 Speaker 4: and even Iran itself. And this is part of a 80 00:04:49,640 --> 00:04:53,599 Speaker 4: shift in Israeli's security doctrine that occurred after October seventh, 81 00:04:53,680 --> 00:04:58,119 Speaker 4: twenty twenty three, when Hamas swarmed into Israel and killed 82 00:04:58,160 --> 00:05:01,440 Speaker 4: twelve hundred people and took two hundred fifty hostage. A 83 00:05:01,480 --> 00:05:05,520 Speaker 4: sense of vulnerability has spread throughout Israeli society. Of the 84 00:05:05,520 --> 00:05:09,560 Speaker 4: security establishment, a sense that the way they'd been assessing 85 00:05:09,600 --> 00:05:13,400 Speaker 4: their enemies in the past was no longer enough. 86 00:05:13,839 --> 00:05:15,600 Speaker 3: It is no longer enough. 87 00:05:15,400 --> 00:05:18,719 Speaker 4: To know, well, they're out there, but they're not coming 88 00:05:18,760 --> 00:05:22,279 Speaker 4: at us right now. If they have an ideology that 89 00:05:22,320 --> 00:05:25,320 Speaker 4: opposes us, and they have arms to do so, we 90 00:05:25,480 --> 00:05:29,640 Speaker 4: are going to go after them in an aggressive fashion, proactively. 91 00:05:30,120 --> 00:05:32,160 Speaker 3: And that's I think what's going on here. 92 00:05:32,000 --> 00:05:35,560 Speaker 2: Is that what we've heard too, Ethan, from NETANYAHUO and 93 00:05:35,760 --> 00:05:39,640 Speaker 2: across the board within Israeli politicians, they're supporting this move. 94 00:05:40,320 --> 00:05:41,880 Speaker 3: I've seen no opposition to it. 95 00:05:41,960 --> 00:05:44,960 Speaker 4: Yeah, I think it fits very well with Israel's general 96 00:05:45,000 --> 00:05:46,920 Speaker 4: outlook that this is the kind of thing it needs 97 00:05:46,960 --> 00:05:47,440 Speaker 4: to be doing. 98 00:05:47,520 --> 00:05:50,320 Speaker 2: Yes, and stick with us, guys. When we come back, 99 00:05:50,360 --> 00:05:54,200 Speaker 2: we'll talk more about what the security relationship between Samullilan 100 00:05:54,320 --> 00:05:55,680 Speaker 2: and Israel could look like. 101 00:05:56,040 --> 00:06:03,599 Speaker 1: We'll be right back. Welcome back. Today. 102 00:06:03,640 --> 00:06:07,520 Speaker 2: We're looking at possible plans for an Israeli military base 103 00:06:07,640 --> 00:06:11,479 Speaker 2: in Somaliland. Simon Marx and Ethan Browner are still with 104 00:06:11,600 --> 00:06:14,839 Speaker 2: me now. So Simon, what do we know about how 105 00:06:15,120 --> 00:06:18,520 Speaker 2: advanced some of these plans could be for a potential 106 00:06:18,560 --> 00:06:21,919 Speaker 2: military base, not just that where it could potentially be 107 00:06:22,440 --> 00:06:24,200 Speaker 2: and what it could potentially look like. 108 00:06:24,520 --> 00:06:28,599 Speaker 5: Yeah, Well, what's clear is that way before Israel granted 109 00:06:28,839 --> 00:06:33,200 Speaker 5: its recognition of Somaliland, there have been Israeli officials, both 110 00:06:33,240 --> 00:06:37,919 Speaker 5: government and intelligence visiting the breakaway state all throughout twenty 111 00:06:38,040 --> 00:06:42,120 Speaker 5: twenty five with the attempt to scout the country look 112 00:06:42,160 --> 00:06:48,000 Speaker 5: for potential locations for conducting operations against the houties. Now 113 00:06:48,040 --> 00:06:51,320 Speaker 5: it's a very sensitive issue. Obviously, creating a physical base 114 00:06:51,360 --> 00:06:54,159 Speaker 5: with an Israeli flag on it would be a huge 115 00:06:54,160 --> 00:06:58,080 Speaker 5: target for many other operators, even the huties themselves Al 116 00:06:58,160 --> 00:07:02,280 Speaker 5: Shabab and Somalia. And so there are views out there 117 00:07:02,400 --> 00:07:04,719 Speaker 5: among the officials we talked to that they could maybe 118 00:07:04,880 --> 00:07:09,400 Speaker 5: do something more covert in nature perhaps, but also maybe 119 00:07:09,520 --> 00:07:12,280 Speaker 5: use some of the infrastructure in Berbera, which is a 120 00:07:12,320 --> 00:07:17,080 Speaker 5: coastal city on Somaliland's coast where the United Arab Emirates 121 00:07:17,120 --> 00:07:20,720 Speaker 5: have a large amount of infrastructure, including a port and 122 00:07:20,960 --> 00:07:24,800 Speaker 5: a very long airstrip which could be used by Israel. 123 00:07:25,280 --> 00:07:27,440 Speaker 5: So there's a lot of options on the table, I 124 00:07:27,440 --> 00:07:30,480 Speaker 5: would say, but what is clear is they are definitely 125 00:07:30,600 --> 00:07:33,960 Speaker 5: looking at the country very closely. There's also a more 126 00:07:34,000 --> 00:07:39,200 Speaker 5: remote location further north, a mountainous area north of Berbera 127 00:07:39,280 --> 00:07:41,920 Speaker 5: that could be used that has been used by Russia 128 00:07:41,960 --> 00:07:45,440 Speaker 5: in the past to conduct operations. So it'll be very 129 00:07:45,440 --> 00:07:47,920 Speaker 5: interesting to see what the Somali Land government does from 130 00:07:48,000 --> 00:07:52,160 Speaker 5: here and allows Israel to actually do. Considering the regional 131 00:07:52,280 --> 00:07:53,920 Speaker 5: opposition to this move. 132 00:07:54,000 --> 00:07:57,600 Speaker 2: Yeah, and surely there is increased opposition and a bit 133 00:07:57,640 --> 00:08:00,720 Speaker 2: of concern about what this means. Then, more broadly for 134 00:08:00,840 --> 00:08:03,720 Speaker 2: other countries in the region. How much have we heard, 135 00:08:03,840 --> 00:08:09,560 Speaker 2: potentially some opposition from other leaders about this close relationship 136 00:08:09,560 --> 00:08:12,280 Speaker 2: that we're seeing between Somaliland and Israel. Simon, I want 137 00:08:12,280 --> 00:08:14,200 Speaker 2: to start with you, and then Ethan, I'd be curious 138 00:08:14,240 --> 00:08:15,600 Speaker 2: to talk to you after well. 139 00:08:15,640 --> 00:08:20,360 Speaker 5: In the aftermath of Israel recognizing Somaliland, a whole host 140 00:08:20,400 --> 00:08:24,920 Speaker 5: of countries more than twenty brought out statements against it 141 00:08:25,320 --> 00:08:32,240 Speaker 5: and supporting Somali's federal sovereignty over Somaliland. Those countries many 142 00:08:32,280 --> 00:08:36,600 Speaker 5: Arab League members. Egypt came out, Saudi Arabia came out 143 00:08:36,720 --> 00:08:40,760 Speaker 5: very strongly as well, and it even caused a huge 144 00:08:40,880 --> 00:08:44,400 Speaker 5: rift between the United Arab Emirates and Saudi Arabia over 145 00:08:44,440 --> 00:08:48,720 Speaker 5: the issue. Following the move, Somalia also canceled a lot 146 00:08:48,760 --> 00:08:52,480 Speaker 5: of the UAE's projects in Somaliland due to its involvement 147 00:08:52,600 --> 00:08:56,360 Speaker 5: in allowing a dissident leader in Yemen escape through Somaliland. 148 00:08:56,440 --> 00:08:59,839 Speaker 5: So this whole issue really sort of put the cat 149 00:09:00,000 --> 00:09:03,760 Speaker 5: among the pigeons regionally, and I think helplessly Israel needs 150 00:09:03,760 --> 00:09:07,520 Speaker 5: to step very carefully, I guess, in how it approaches 151 00:09:07,559 --> 00:09:10,959 Speaker 5: this issue, considering its vulnerability geographically. 152 00:09:11,280 --> 00:09:13,120 Speaker 1: Ethan, what would you say, I. 153 00:09:13,120 --> 00:09:14,959 Speaker 3: Think Simon summarized it well. 154 00:09:15,520 --> 00:09:18,520 Speaker 4: I think that while it is a project and Israel 155 00:09:18,640 --> 00:09:22,560 Speaker 4: is focused on, Simon a wonderful job reporting on it 156 00:09:22,600 --> 00:09:24,480 Speaker 4: when he went there, I wouldn't say it's at the 157 00:09:24,520 --> 00:09:26,560 Speaker 4: top of the list of what this country is up 158 00:09:26,559 --> 00:09:28,840 Speaker 4: to right this minute. Right it's right in the middle 159 00:09:28,880 --> 00:09:31,080 Speaker 4: of a war with a rat, it's working on a 160 00:09:31,120 --> 00:09:35,120 Speaker 4: war with Hisbela in Lebanon, and so this other thing 161 00:09:35,600 --> 00:09:38,680 Speaker 4: matters to them. But so far, the Houties, by the way, 162 00:09:38,720 --> 00:09:41,839 Speaker 4: have essentially stayed out of the current conflict, even though 163 00:09:41,880 --> 00:09:45,880 Speaker 4: they were involved in the post Gaza conflict quite intensely. 164 00:09:46,160 --> 00:09:48,240 Speaker 4: You know, I think they're still trying to take their 165 00:09:48,280 --> 00:09:51,840 Speaker 4: measure of the Hooti situation. And it is also important, 166 00:09:51,960 --> 00:09:54,440 Speaker 4: as Simon notes, that there is a relationship there with 167 00:09:54,480 --> 00:09:58,959 Speaker 4: the UAE. The Israeli UAE relationship has grown very tight, 168 00:09:59,440 --> 00:10:03,160 Speaker 4: and in this current war with Iran, the UAE has 169 00:10:03,200 --> 00:10:07,360 Speaker 4: been notable for complaining about Iran and its response to 170 00:10:07,480 --> 00:10:10,760 Speaker 4: the attacks, and not complaining about what the United States 171 00:10:10,800 --> 00:10:14,480 Speaker 4: and Israel have been doing in Iran. And so I 172 00:10:14,520 --> 00:10:17,160 Speaker 4: think that we'll have to see where this goes. But 173 00:10:17,280 --> 00:10:18,960 Speaker 4: you know, it is also important to remember that the 174 00:10:19,000 --> 00:10:24,240 Speaker 4: houtis their slogan is death to Israel, had a curse 175 00:10:24,320 --> 00:10:25,160 Speaker 4: upon the Jews. 176 00:10:25,320 --> 00:10:26,719 Speaker 3: They really do want. 177 00:10:26,559 --> 00:10:29,720 Speaker 4: To do something bad to Israel, and Israel has decided 178 00:10:29,760 --> 00:10:33,240 Speaker 4: after October seventh it can't let such things just lie. 179 00:10:34,000 --> 00:10:37,080 Speaker 2: Is Israel not concerned though about the potential wedge that 180 00:10:37,160 --> 00:10:42,120 Speaker 2: this could draw between other Middle Eastern countries this, I 181 00:10:42,120 --> 00:10:42,560 Speaker 2: think it. 182 00:10:42,480 --> 00:10:45,319 Speaker 4: Is concerned, and that's probably why it hasn't acted yet. 183 00:10:45,360 --> 00:10:47,640 Speaker 4: But you know, it's trying to figure out what to do. 184 00:10:48,280 --> 00:10:50,480 Speaker 4: I mean in terms of setting up a base or 185 00:10:50,520 --> 00:10:54,080 Speaker 4: anything like that. Yes, it is concerned. But what has 186 00:10:54,160 --> 00:10:58,200 Speaker 4: happened since October seventh is in the battle between diplomacy 187 00:10:58,520 --> 00:11:02,880 Speaker 4: and military based security. Military based security is winning out 188 00:11:02,920 --> 00:11:03,880 Speaker 4: almost every time. 189 00:11:03,960 --> 00:11:08,320 Speaker 2: Here simon, where do things go next? What is it 190 00:11:08,320 --> 00:11:10,240 Speaker 2: that we should be watching out for. Could we see 191 00:11:10,240 --> 00:11:14,600 Speaker 2: other nations like Israel recognizing Somaliland as well in the 192 00:11:14,640 --> 00:11:18,000 Speaker 2: independent state, potentially gaining even more independence. 193 00:11:18,320 --> 00:11:21,360 Speaker 5: Yeah, I think the Somali Land government is putting a 194 00:11:21,400 --> 00:11:24,360 Speaker 5: lot of attention into trying to get that second recognition. 195 00:11:25,000 --> 00:11:29,320 Speaker 5: There are reports that they've engaged a lot with countries 196 00:11:29,360 --> 00:11:35,080 Speaker 5: like Ethiopia, other African nations like Namibia, for example. On 197 00:11:35,120 --> 00:11:39,000 Speaker 5: the list, They've looked at India, but so far no 198 00:11:39,080 --> 00:11:42,160 Speaker 5: one's really jumped the gun there and done it. There's 199 00:11:42,200 --> 00:11:45,440 Speaker 5: also a huge amount of focus on the US. Somaliland 200 00:11:45,480 --> 00:11:49,839 Speaker 5: have offered the US a base, also access to critical minerals, 201 00:11:50,120 --> 00:11:53,720 Speaker 5: which are largely unexplored in the country but widely believed 202 00:11:54,000 --> 00:11:57,640 Speaker 5: to exist in large quantities. President Trump has also said 203 00:11:57,679 --> 00:12:00,439 Speaker 5: that this is an issue he is personally looked looking at. 204 00:12:00,480 --> 00:12:02,880 Speaker 5: So obviously, if the US came in, that would really 205 00:12:03,480 --> 00:12:08,240 Speaker 5: completely change the whole landscape on this What. 206 00:12:08,160 --> 00:12:09,680 Speaker 1: Does that mean then for Somalia. 207 00:12:10,360 --> 00:12:14,400 Speaker 5: Well, Somalia are looking at what's happening and taking their 208 00:12:14,440 --> 00:12:19,280 Speaker 5: own measures. They've become increasingly close with Turkey, which has 209 00:12:19,640 --> 00:12:24,040 Speaker 5: a pretty large military presence in the country. They've brought 210 00:12:24,080 --> 00:12:28,880 Speaker 5: in fighter jets, there's soldiers, there's training operations from the Turks, 211 00:12:29,520 --> 00:12:32,920 Speaker 5: and the Saudis have also forged a military and security 212 00:12:32,960 --> 00:12:37,280 Speaker 5: pact with Somalia. That's quite interesting because the Saudis, while 213 00:12:37,640 --> 00:12:43,240 Speaker 5: they endorse Somalia's sovereignty, they've done very little really financially 214 00:12:43,360 --> 00:12:47,679 Speaker 5: or militarily speaking, and that's begun to change in recent months. 215 00:12:48,280 --> 00:12:55,080 Speaker 5: So the instability within Somalia itself, with all its breakaway states, etc. 216 00:12:55,559 --> 00:12:58,040 Speaker 5: Has it's at fever pitch right now. 217 00:12:58,640 --> 00:13:00,120 Speaker 1: Ethan maybe final to you. 218 00:13:00,559 --> 00:13:03,640 Speaker 2: Of course, as you mentioned, Israel has quite a lot 219 00:13:03,640 --> 00:13:05,120 Speaker 2: on its plate right now. But what is it that 220 00:13:05,160 --> 00:13:10,800 Speaker 2: you're watching for As far as where this relationship goes next, I. 221 00:13:10,720 --> 00:13:13,760 Speaker 3: Think that the key point is would the US join? 222 00:13:14,480 --> 00:13:17,000 Speaker 4: That seems to me the next big issue, And there 223 00:13:17,440 --> 00:13:20,160 Speaker 4: was some reason here to believe that the US was 224 00:13:20,280 --> 00:13:24,360 Speaker 4: interested and willing to do so, both for the reasons 225 00:13:24,360 --> 00:13:27,640 Speaker 4: of joining in this coalition and so on and against 226 00:13:27,640 --> 00:13:28,960 Speaker 4: the Houtis, and also. 227 00:13:28,800 --> 00:13:31,040 Speaker 3: Of course for these rare minerals. 228 00:13:30,640 --> 00:13:33,720 Speaker 4: That are quite important in the industries of the future 229 00:13:33,800 --> 00:13:36,400 Speaker 4: and AI and that kind of thing. So I think 230 00:13:36,440 --> 00:13:38,760 Speaker 4: that's the next thing to watch, in addition to what 231 00:13:39,080 --> 00:13:42,360 Speaker 4: exactly they do in terms of a base. As I 232 00:13:42,400 --> 00:13:45,440 Speaker 4: said earlier, I doubt it's going to happen imminently. I 233 00:13:45,480 --> 00:13:48,000 Speaker 4: think it's still in a kind of planning talk stage. 234 00:13:48,240 --> 00:13:51,040 Speaker 2: Ethan Browner and Simon Marx thanks guys so much for 235 00:13:51,160 --> 00:13:54,480 Speaker 2: joining us this week on the podcast, and you can 236 00:13:54,559 --> 00:13:58,040 Speaker 2: read both of their latest reporting on Bloomberg platforms. 237 00:13:58,080 --> 00:13:59,760 Speaker 1: Now will put a link to that in the show. 238 00:13:59,800 --> 00:13:59,959 Speaker 4: Note. 239 00:14:02,960 --> 00:14:05,600 Speaker 2: Here's some of the other stories we've been following across 240 00:14:05,640 --> 00:14:09,520 Speaker 2: the region this week. How tang the South African province 241 00:14:09,520 --> 00:14:12,960 Speaker 2: that's home to Johannesburg and the capital, Pretoria, is struggling 242 00:14:13,000 --> 00:14:16,480 Speaker 2: to grow and shift from manufacturing and mining to a 243 00:14:16,520 --> 00:14:20,520 Speaker 2: services hub, and it's deepening inequality. That's according to the 244 00:14:20,560 --> 00:14:24,440 Speaker 2: provincial government, which said urgent action is needed to arrest 245 00:14:24,600 --> 00:14:29,440 Speaker 2: the decline. And the Democratic Republic of Congo and Rwanda 246 00:14:29,600 --> 00:14:33,240 Speaker 2: agreed to quote de escalate tensions and implement a peace 247 00:14:33,280 --> 00:14:36,680 Speaker 2: agreement reached with the help of US President Donald Trump 248 00:14:37,000 --> 00:14:42,200 Speaker 2: last year. Officials from both nations agreed on concrete steps 249 00:14:42,240 --> 00:14:46,000 Speaker 2: towards lasting peace in the war toward Eastern Congo, according 250 00:14:46,040 --> 00:14:49,280 Speaker 2: to a statement by the Department of State, and you 251 00:14:49,320 --> 00:14:53,160 Speaker 2: can follow these stories across Bloomberg, including the Next African Newsletter. 252 00:14:53,360 --> 00:14:55,400 Speaker 2: Will put a link to that in the show notes. 253 00:14:58,120 --> 00:15:01,520 Speaker 2: This program was produced by Adrian Brod Bradley and tiwa Adebayo. 254 00:15:01,720 --> 00:15:04,640 Speaker 2: Don't forget to follow and review the show wherever you 255 00:15:04,760 --> 00:15:08,080 Speaker 2: usually get your podcasts, But for now I'm Jennifer's Abasaja. 256 00:15:08,160 --> 00:15:09,560 Speaker 1: Thanks as always for listening.