Precious metals soared last month in a rally underpinned by speculative momentum, geopolitical upheaval and concerns about the Federal Reserve’s independence. However, market watchers warned that the advances had been too large and too swift. The surge came to a sudden halt at the end of last week, with silver seeing its biggest daily drop on record and gold plunging the most since 2013.

On this week’s episode of the Next Africa podcast, Bloomberg Intelligence’s Metals and Minerals analyst Emmanuel Munjeri and Bloomberg Metals and Minerals Reporter Jack Ryan join Jennifer Zabasajja to talk through the last few weeks on the metal markets, whether new African projects could soon be greenlit and what else to look out for in the coming weeks.

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Nigeria’s biggest city is demolishing two densely populated waterfront communities to make way for urban renewal, displacing thousands of poor residents in the process.

On this week’s episode, Tiwa Adebayo sitting in for Jennifer Zabasajja, is joined by Bloomberg’s Nigeria bureau chief Anthony Osae-Brown and Toni Fola-Alade, the co-founder of Charity Dogood.Africa, who saw their school demolished earlier this year. They discuss what’s happened to the communities impacted, how the Lagos Government is compensating people and what the future might be for poorer communities in Lagos.

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Chinese mine operators in Zambia started paying royalties and taxes in yuan in Africa’s second-biggest copper producer, the latest sign of the growing acceptance of the currency on the continent.

On this week’s episode, bloomberg reporter Matthew Hill and Bloomberg Economics Africa Economist Yvonne Mhango join Jennifer Zabasajja to discuss why China wants to boost the use of its currency, what’s in it for African countries, and whether there’s a risk of US retaliation

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