a comedy of germany 6 to deepen business ties with us for costs will bring you the license from a major investment conference taking place in berlin. and the right kind of energy companies, insights africa, are leading the way in the move away from cole. this is the w business. i'm k. ferguson, thanks for joining me. the international monetary fund has defended its calls from member countries to increase their contributions without changing their boating power. speaking to dw marie, see now on the sidelines that the g 20 investment summit here in berlin, crystelina towards the 8th. i responded to criticism that countries like china are being asked to pay in more without getting more say, the decision to increase the quote this for the i m f is driven by what discrepancy in the world around us. we have been hit by consecutive sucks,

called the war cost of living crises, and that led to wrap it increasing demand for meth, financing. we now have about 220000000000 in financing to 96 countries. and that's made the issue of the financial strength of the funds in the world, the more frequent and dramatic sucks. so very pressing that the membership has decided to take it 2 step approach. step one, make defense financially strong steps to work on the alignment of the shares of members. so countries that, that under represented china, but also this, i was just seeing single port also under represented countries that they can see the box to watts real islands because we also need the fund to be rejected. but i

want to stress that our members also to consider important step on representation by agreeing to add a 3rd chair for africa, slips like out of africa. so the voice of africa can resonate most strongly in the decision making of gus. and you can see the full version of maureen's interview with kristin the natural ga, the dw news youtube channel. now, as we just mentioned, krista, lena, georgia, eva is about a number of big names here in berlin for a major conference focused on strengthening german business ties. with africa, leaders for more than a dozen countries are attending the g 20 compact with africa conference. as the concept becomes increasingly attractive to economy seeking to diversify supply chains, develop green energy projects. now germany is no exception here, but when it comes to investment,

it is still playing catch up. you can see it here. it's trailing far behind china, the united arab emirates on the united states when it comes to foreign direct investment in let's talk more about this with thomas chief i. he's a member of the board at forks on group. i'm the chair of this investment to summit . mr. shafer, thank you so much for joining us. now. african leaders are not sort of country is wanting to do business with them. how is germany selling itself attractive partner especially compared to the likes of china or i think there's definitely room for improvement going forward. so just taking over the, the j r for the soft free initiative to combine our efforts on, on africa. i think lots has been done. you know, the contact with africa, initiated by the german government is, you know, testimony to this on behalf man. huge strides, but this needs to be strengthened going forward. also,

today's event stupid pardon me. it's a platform where he does kind of connect with businesses that make kind of a consequent trance going forward. so definitely very important event today. tell me more about what happens up this event. i know germany is especially keen to diversify supply chains on to develop these partnerships when it comes to green energy. anything concrete housing today? well, today was only the opening, but the many of the subsequent meetings that are happening now over the next days and already engagement, especially on the topics that you said, not a green sustainability. sustainable energy, but also, and i'll be obviously very involved in the amount of supply chains. but not also this is goes across the spectrum. want to day was getting, you know, getting the positions right. getting the, the presidents that had sustains, coming through, talking about the countries of your child. so strong c o, talking about germany and to administer how big. so more important platform,

the beginning. it is only beginning, but you're from the automotive industry. what opportunities do you see in africa to the for goes got huge opportunities within the supply chain. i spent more than 10 years on the ground in africa and various functions. and i must say that in on africa's totally under developed and mobility, there's huge demand for mobility. people need to go from a to b and does a, an opportunity to lead from the development. they don't need to go a combustion engines 1st to then go electric that can go sustainably. and one goal, ronda is one that read a good example of where they have done exactly that. so new solutions will help accelerate the progress they have. so now it's definitely the time to pay attention because it's through literally the only region that has huge development potentially, but everything else is contracted. all right, so we will continue to pay attention to him. i say, so thank you very much. it's

a pleasure, good night to some of the other stories making news, the richest one percent of the world is responsible for the same amount of carbon emissions as the world. poor us 2 thirds or 5000000000 people. that's according to analysis by the non profit ox from emissions by the wealthy are mainly related to travel by private jeff. and he also as well as the use of coal crease in villa construction. a us course has fine german chemicals company buyer more than $1500000000.00 over its controversial, we'd killer. this came off for, for plaintiffs claimed range of cost illnesses including cancer. i are said, studies have shown that we'd kill his active ingredient life. a safe is safe. so 2 days after being fired from open a former ceo, sam olson has landed a new job, leading advanced a i research term team at microsoft. when i opened

a i think as backers, meanwhile, x which boss, i'm a cheer will take over as open a i to the it's 2 sides, africa know a country where power outages have become a normal part of daily life. poor infrastructure and a continued heavy reliance on cold means energy reform is desperately needed. change is coming though with some promising initiatives from the private sector, offering hope for the countries green transition here at a distribution center for shop right now for his biggest supermarket group. it's all about keeping things cool. the site north of johannesburg service is $1300.00 stores. that's about half of the groups nationwide outlets. all of this product relies under for duration to stay fresh. for that reason,

during electricity outages, we operate out generators for that uses diesel, which is ducky. so we've installed solar so that we can use the renewable electricity over the past year, load shedding cost shop, right, $65000000.00 euros and generator associated cost. since going solar 6 years ago, the group has built enough tunnels in south africa to cover 24 soccer fields. a now shop right is adding solar panels to distribution trucks as well. the panels powers, the refrigeration, as well as the lift when the truck is being offloaded, so it allows the truck to be switched off and safety. so more than 95 percent of south africa's electricity comes from state owned utility as calm which relies heavily on coal. while renewable energy is on the back burner. so that makes it electricity from qualified pub cents, which closed due to,

to about 80 percent of the utilities fleet. and these pop plants have been problematic with breakdowns. they often it's something those in south africa's mining sector understand very well. mining is the country, 3rd largest energy consuming industry gold minor goldfields says load, shedding, severely hampers its bottom line. when you've got the shooting, all the pol costs you do that meant to, you know, um, still being such an activities running such an activity so that it would have been messed up, stuck in steps that within the business affecting the profitability to affect the attach close of the business in 2021. the company turned to solar energy. it now deliveries about a quarter of the power in itself. deep mind goldfields, and to slash around 6000000 euros and annual costs. but it's not just about saving money. the most important to um,

risen was to ensure that we can remain responsible as a at least that the company and to, to what contributes to what's a co, when you try to keep by the end of this year. some experts expect privates of african energy benches to produce $7000.00 megawatts of power. that's more than double the entire energy capacity of some african countries. and finally, hold onto your house because buyers around the world have been losing their heads over an auction this weekend. the bids push this hot belonging to french. i'm for a napoleon bonaparte to a record sale price of nearly 2000000 euro. it's the 2 points it had to was napoleon far tauriel trademark. he chose to where it's sideways, he's believe, to have owned around a $120.00 of them, but most are now lost. the auction comes up an opportune time with a big budget movie about napoleon about to get to know to the

reminder of our top story, the head of the international monetary fund says the global lender needs more money in an interview with dw, christina georgia about defended her calls from member countries to increase their contributions without changing their books. and i show for more, you can always check out dw com slash business. we're on the deed of the news youtube channel as well, from me on the entire team here in berlin, by the

forgot 0 and the resistance against the not seems very and fry. he's the central figure in a new netflix production. how does the series draw from historical sense? and how did adults hitler rise to power? the story about a here and the horror of his tongue boats unveiled in 30 minutes on the w. whales under threat. marine biologist, sabina, ireland. the conducts research of the time frame protected area for wales. but more and more also, she discovers the syringe it. why is this happening? why is the protection of quails not working? in 75 minutes on d, w. 3 is the most powerful woman,

little sister, of the dictate to mysterious strategic. who is can you tell me? you can say she represents a mixture of expectations and this appointment. the thing is, do you think it's the red princess stuff? november 25th on dw, the

the, the is it the deputy news line from binding gauze, hamas, you run health ministry says a 1000 people of the hospital has been killed in miss sile strikes. is ready tanks of surrounding the intonation, hospitably northern cause that's the last remaining medical facilities in the area . also on the program, germany's phone administer online at the balkan projects coals trustees father and gaza, saying this would leave israel unable to defend itself against thomas. right wing to pop.