he would be elected president would take office on december 10 and pleased with the countries bullard, eyes, politics and unstable economy. the new leader, we'll have a chance to put his ready consolidations to the test. you're up to date up next. business takes a look at why the international monetary funds, it needs more money to deal with global christ. that's after a short break. there's plenty more news on our website to, to view. com. they can take the votes, people have to say the that's why we listen to based on the ritual. every weekend on d. w. cream was like a stepping point to external fibers,

you into that warranty wants to finish your studies. now you have a safety from the train, you can choose to go back or somewhere else. currently, more people than ever on the worldwide in such a fashion, life categories, something that is common very, very sense. and yeah, can we learn more about or know when a story info, migraines, the, the international monetary fund says it needs more money as the world is a full to is by a cocktail of crises. we have been hit by consecutive sucks, called the war cost of living prices, and that led to increasing my fort. i met financing in an interview with dw crystelina, georgia. i have a defense her decision,

not too much voting power with money paid in all to come me up germany 6 to deepen business ties with africa. well, bring you the licensed 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 is marie see now on the sidelines of the g 20 investments 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 crisis, and that led to wrap it, increasing demand for mess, financing. we now have about 220000000000 in financing to 96 countries. and that 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 the phone financially strong. the steps to work on the alignment of the shares of members. so countries that, that under represented china, but also this, i was just in single put 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 took a very important step on representation by agreeing to add a 3rd chair for africa subsonic 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 on the dw news youtube channel. now as we just mentioned, krista, lena, georgia, eva is the most 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 the china, the united arab emirates on the united states when it comes to foreign direct investment in africa. let's talk more about this with thomas, chief i. he's a member of the board at forks on group, on the chair of this investment to summit. mr. schaffer, thank you so much for joining us. now, african leaders are not short of countries wanting to do business with them. how is germany selling itself attractive partner, especially compared to the likes of china? i think there's definitely room for improvement going forward. just taking over 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 the consequent trance going forward. so definitely a very important event today. tell me more about what happens up this event. i know germany is especially keen to diversify its supply chains on to develop these partnerships when it comes to green energy. anything concrete happened today. well, today was only the opening, but the many subsequent meetings that are happening now over the next days and already engagement, especially on the topics that use that 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 a,

talking about germany and to administer topic. so very important platform. the beginning. it is only beginning, but you're from the automotive industry. what opportunities do you see in africa to now 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. and there's huge demand for mobility. people need to go from a to b and does a, an opportunity to lead for our development. they don't need to go a combustion engines for us to then go electric that can go sustainably. and one go, 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 my say. so thank you very much. it's a pleasure now 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 $5000000000.00 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 yours, 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 wheat killer. this came off for, for plaintive claimed rind, a 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 the biggest backers, meanwhile, xt which boss, i'm a cheer will take over as open a i to the it's to south africa. no. a country where power outages have become a normal part of daily life port infrastructure and a continued heavy reliance on coal 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 africa's 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 on refrigeration to stay

fresh. for that reason, due to 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, paul, is the refrigeration, as well as the lift. when the truck is being offloaded said, allows the truck to be switched off and safety. so more than 95 percent of south africa's electricity comes from state owned utility. ethical which relies heavily on coal, while renewable energy is on the back burner. so that makes it electricity from

code 5 pop cents, which constitutes 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 means 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 offer to the cash flows of the business in 2021. the company turned to solar energy. it now deliveries about a quarter of the power and itself. deep mind goldfields aims to slash around $6000000.00 euros in annual cost. 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 at the company and the to what contributes to what's a come 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 hops 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 hit send him to the reminder of our top story. the head of the international monetary fund says the global lender need 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 also check out dw. com slash business. we're on the deed of the news, each of the terminal as well, from me on the entire team. here in berlin, by the

way, is 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 search engine. why is this happening? why is the protection of quails not watching? the next? on d, w. a pulse the beginning of a story that takes us along for the ride. it's about the perspectives culture. information. this is the, the news w. mine's

these places in europe a smashing o the wrinkled step into a bold adventure the treasure map for martin clo. describe it as some of us wriggled, bragging sites on youtube. and also in the it's amazing to interact with creatures that are so much bigger than yourself. the sometimes a large vessel will collide with a will not even realize.