the way back when i, i see that is kind of where we are in a resolution, right. thank you very much. thank you. the best as the, the news africa coming up on a program. a positive outlook for the confidence. that's where the i m f predicts by the knights area, for example, prizes of food. and i have a basic needs of skyrocket that's making the cost of living for many unbearable and even gonna people. i also feeling that you cannot make pains, but some communities trying to stay afloat by reading for use in communal money boxes. plus, we visit survivors of the massive via of the hijacked building and do hon is big. the i know he makes itself out, which they say is not safe and ivory coast is the place

to be for all of the 3 of us will be africa. a couple of nations reports i and i'll be just as the ceo of the vice, the i, i'm eddie mike of junior. and you welcome to the program. africa is set to be the 2nd fastest growing economic region in the world with 4 percent growth forecast. this yeah, that's according to the international monetary fund i am at now. wow, that sounds like good news. it's not guaranteed. african countries are still suffering the effects of the cobit, i'm that make rush as well. and ukraine. and these are all have mass conflicts. let's not forget issues like climate change, increased food insecurity and political instability creating say about challenges. even africa's largest economy. nigeria has not been sped from high inflation

correspondence police that triple mount in lagos. nigeria went to find out how people are struggling with the high cost of living a. this is for you, but markets a pop up with markets in lagos, nigeria, just so you had to do, i could buy all these items for $10000.00 that right? that's about $10.00. this yeah, the same amount that only gets me this much is not only put the price is about skyrockets in the cost of what our basics likes us, what they're showing people on housing. i've also shut up many and i didn't say the situation seems to be getting worse by the the decision of the models we have to buy it, but that might be mumble 6000 miles. well, i asked if we thought that the 5000 please, how do we pull these are the items you can get. uh, the cost of $200.00 nadra now is $500.00. now for everything besides the $500.00 pieces includes i wouldn't even say 100 percent increase. one reason why inflation you saw by the nigeria is because of the local currency has continued to

lose value. i don't know a president that rates this time last year. one that i could get approximately 500 and era just the yeah. later $1.00 equals $1090.00. right. the roughly the valuation of denial, right? east pump president in here. and as nigeria in thoughts, most of each goods, the cost of living has shut off with people standing remaining the same. it has become even more difficult for many nigerians to make ends meet. i'm very close. i'm working in my business because it's basically me because when i did this before is i realized most experts project that made us economy will be most people this year. but for many on the streets, it's hard to see who at the end of the road it's a similar situation in gonna,

a country was seen as the model of africa and development. to put things into perspective, the economy grew by 8 f as a ends in 2019 making it one of the fastest growing economies in the world. fast forward to 2022 gun, his current cedar city plunged against the goal and inflation shops to record highs about 50 percent. that result in economic crisis force gone out to seek financial aid from the international monetary fund. now as a government bottles, the sky, high cost of living and some communities are trying to stay afloat financially. the outputs in a fresh spin on traditional savings games, maxwell soup reports from north and gonna, he a miles away from the copy 1000 remains, have developed a way to do with economic hardships. it's thoughts, we just lived in a box. in the northern village of nimble, this group of k to women has formed,

incorporating to save money among gonzalez, every weeks, the women bring whatever money each kind of pay and put it into their books. the amounts at k for the recorded members come over to the money to finance the business projects or the needs, then the pay buck loan with a list of interest and to find goals. no interest is charged on those for school fees or hospital bills. that labs, william i, b i, as i said to wait. and whenever i am in a difficult situation to open the door, i want to do business as i talked to, not a when i come to borrow from this box gonzales and food. if it's for business, let me know, i will pay it back gradually with my profit set guys until i pay off the debt and, and then to and then into the in the end, the business i totally belongs to me when my name is add on, who does that and needing to ensure accountability,

the group set time deal with rules. the books is cured with true pop looks and the keys are given to 3 different members. when anyone comes forward to borrow money, all members, mazda consorted the books to look need some correct meaning, or that the cost of one is to pay off the afford that. before we begin and you call pre blank consort is teaching the woman financially trustee and have a thing to ensure everyone benefits, fairly savings like this becomes a bit of coping the counties in, in, in, in the midst of this hardship. because we can always rely on the savings that is done by them to and then we can ship out that one is that the, the saved the families have no clue to try to get loose from the bonds.

the system is supporting the went on to the top to find that she hadn't received the balance to the same is books as that are. i'm direct them on now. has his own business making a silly share by the may i borrow money from the savings box to pay my children's school fees, then i pay back the loan after making sales, which helps to sustain my better business village savings initiative. i don't, you know, if we go by, john is currently going on. the was me schemes lied to sound credible, becoming more relevant. i will be speaking to the amount of responsible for managing down is economy in a moment. before that, let's find out what some people are gonna think about the states or the economy and the finance minister in life as easy as not, is not installed because the information is getting

worse and there's no getting better. so, well here, let's see what the prices of use and services wasn't done in such a way that the prices of losing services has been reduced. or do he was able to stabilize the cds for some time that countries for you. and then gets a little bit, well, it's, you know, it gets what i feel like very difficult for the financing stuff to prove that explains loss is the dollar rates as we choose. why don't we also reduce the price is to meet the cost of living for this. this is a, have gone up to what is the stable and to be able to and from joy. yes, very cool. that's so that's the chance. if it's doable. let's now welcome gun is minute stuff will finance and economic planning can before we add to to the program, who was listening in from the well, the comic photo in dallas. hello and welcome to the program. say we just had some

guardians, say in the still suffering from the high cost of living. you recently said down is economy is getting back on track. so why people are not speeding back in the pocket? yeah, i mean there's, there's no question that we've been through some very difficult circumstances under headwinds. so the, but that's one of the respondents mentioned, you know, we really hit to low of 54 percent inflation at the end of 2022. and also the currency, you know, plumber to, um, to 55th sense i am during that period. but this is really sort of come in on the back of an economy. and that was pretty strong of inflation in single digits also. but what we've been able to do this year, as we looked at the tax code, it is, as you can see, inflation has come down to 23.2 percent. so asset dental mindset and as

the issue of trying to tackle prices. and then we also saw the currency depreciated by 50 percent. and this year since february, 1 of the gentleman also said so another currencies been strengthening. right? so been able to tackle the issue of prizes, who will continue to do that, and keep the currants to staples and make sure this for, and this change now for us to continue. but we have seen a very strong resilience because the i am a predicted at 1.5 percent growth. and we've been able to choke on with a 3.2 percent growth of costs. you'll go into the m s seeking overall about $3000000000.00. that's increasing, gone is that isn't that because now we have and that's of at least $50000000000.00 is is the growing that's a major consent to the countries economic recovery. and i'm the

question um i really am that we have access through this restructuring transaction that we have done. we basically reduce in on that and portfolio. we also in this negotiations have agreed to gradually bring gunners that down to 55 percent. so this is much cheaper that restructuring to cut some of that off and then get to a position overall 55 percent debt to g d p ratio, which is a good for us. so it's a program ok of that restructuring that with an able, as gift with sustainable level. so you have at the end of the day, i'm show your work and to is that you do all you can to make sure that gotten in. i'm not seeing the pain just of much, you know, to cushion the effect of all of the financial, you know crenshaw economic meltdown,

so to speak. so what is your message to guardians, who are still struggling to see lights at the end of the tunnel? yeah, yeah, i think you know, even in this program a d we, we did well to ensure that our support to the live live with them, palm and program is literally doubled. we also made sure that a computation and school feeding went out as one of the key issue areas of innovation is really food and agriculture. and you can see that even though for the installation that is coming down and we need to stuff important. and therefore, the economic enclaves that we're putting together so that we can become secure in the area, so rise in mays, etc. and then the new agriculture in minnesota is working. how does that? so that's key, getting a good shows up, productivity in place,

and then moving on to value so that we import less. and i think once we, we grew in each for 3 girl as a nation, we will be able to then control of these escalating prizes on the interim. we are going to do our best to make sure that prizes that contain, as information goes as we our witness. which is far enough for me again, many guardians watching. now when you say you're going to try to get it down to meet at the costs of live in mall, bearable. what timeframes you've got. he is relocating out because it's easier said than done obviously. and they're still speeding defense. what's your message to id the view? i found the beauty of what we have is that we are all witnesses to the work we are doing to get inflation down. so moving from 54 percent to 23.2. our target is that by the end of the year it will be 15 percent and then the following

year would come to the 8 class. so minus 2, which we were on cost with before they call that issues. so yes, i send the proof isn't what do we have done already? and the target 15 i believe will be able to achieve that and also stabilize the currency, which is also evidence to everyone. so yes, very difficult situation, but i think we all witness to the right direction in which we're moving. okay. can also we have to get as many stuff will finance and economic planning. thank you very much for your time, sir. thank you. really appreciate this. so don't forget to median travel as one on any for his final season post in the daily show. know, and the shows team to the award in the category outstanding talk series as

a historic when making no the fast applicant and fast black person to win in that category, since its inception in 2015. no, i said it was quote, amazing and being part of the shows johnny the emmy awards are the most for studios on us in the us television industry. you're watching the news off a gas bill to come football fans from around the world have gathered to witness the continents talk football stars as they compete for the competitive after couple of nations trophy but fast. just that africa where the commission of inquiry into the massive file, the building in downtown johannes beg, resumed last august, more than 70 people were killed in the central marshall town. district was ablaze that swept through an abundant 5 story board in which was being occupied. and rented out immediately, local is referred to these buildings as being hijacked. the file focused attention

on the problem of derelict buildings and the deans at the post, the people living inside them. one of africa's which is cities that he's asked. i also left thousands of families homeless, many have been relocated to in uni, built mix of cell to that they see is told to the unsafe dw correspondence diane hawkeye visited the site. this form a parking lot is now home to over 100 survivors of the marshall town fire. one of south africa's west recent tragedies. they were relocated to denver assuming industrial area with hardly any shops or schools. the new temporary homes have no power or indoor plumbing residents, so i'm happy with the conditions. before we came here, we thought this would be a good place, but this is not

a good place to stay. when you look at the hygiene and health, it's a problem. a tim b soon de la is a single mother, and he's worried about her safety and that of her children will call me by my god, hold the matter except night. we often hear gunshots. there are many gunshots, and it makes me afraid. yeah, i also don't feel good about the hygiene here. we have children and it should be clean back to the residence, right? the table to any way when i move them on, they should install drains and let them know about when i know my, my thing, the lack of drains creates a big problem that in mind, for the supplement flags on days of tv raid the card was between the corrugated iron checks on narrow, and in some cases, 4 or 5 people live in a single tiny room. this is one of just for taps that's available to the residents

in this area. if you look behind me, the seems to be a rubbish dump that's building up. and this poses a key, a health risk to the people living here as well as 2 children were playing around this area. more concerning is that this tap today has no water coming out of it and raise it and say the taps here regularly run dry. they have taken the municipality to court to force it to prove conditions. when we went to court, we went just asking the court to stop what was going on. assume the court to recognize these a president's human rights that they actually entitled to dignity. and this was not dignified. the city of japan as the pilot, he says it has done what is required in know in an emergency stewart to navigate it through the accommodation, the a new way. as a short piece of, of,

of housing into a c t, which we have, i don't know least which is know. and we are doing the best with the lives of resources that to have the can, could double in size. municipalities wants to add more effects to accommodate the remaining 5 survivors. as authorities at mit, janice book has a major housing crisis. the city attracts thousands of people from across the country and continent looking for work, leaving hundreds of thousands in search of affordable accommodation. and that's what's lead to a situation like the marshal tom tried to do people with no way else to go immediately occupying unsafe bully despite the dangerous many of the people who were relocated to denver, say they'd rather live in the, in the city than here. with a worry that will be forgotten by officials all

eyes our ivory coast as the country host, the 2023 after a couple of nations. football. well, it's a competition with funds from across africa and beyond. have all got that towards the consonants. talk football styles, bottom it out for supremacy. only time will tell which team will be crowned african jumped. you know, i wish i was of as a witness all the excitement. but since i am not, let's talk to someone on the ground. freelance journalist assumption nobody is covering the forgot combinations in abby's. yeah. hello, thompson. i ever you right now you ceiling all the vibes over the tell me what's the full? yeah. like this story i hear is on tag just to say the least. i mean, behind me is the hope that you're on the stadium on much did this place is completely different because you have a lot of excitement from football fonts. yeah. you know,

that cause of why the football, loving crazy country on you got got fives. we got was valid and some of them i drink in the national call of all the country and for visiting teams also have lots of funds will come in around here. i'm beyond yet. there seems to be putting going on virtually every day. most part of the city. i mean you agree here the restaurant to go to the restaurant. you hear the sound of music blasting through the speaker. you know, i'm older than everybody in the moon of the couple of nations, eddie. yeah, i can do it to me, get that. uh, you're talking about meeting the mood, the so called i'm the adult teams have also been in the mood. i mean, we've seen some very surprising results. tell me, what are these results from the game so fast say about the state of african football. so that's has been the talking points soon as this game started on saturday, january 13 here, a couple of why you go to annual the press conference is that they're talking points. you will speak with coaches, you speak with given class,

everybody's saying look, there's no more or less sponsored team in africa because what was the, what the results coming to you look a gun up for instance, all when you have a think that kept bread will be gone out to one, you look at also, nigeria almost struggling with it. get you to keep it. you're getting it back in the end of $11.00 on the cost of the media. i don't almost 8 or 5 places don't compare to the cottage. it goes up to these are the dead shots, the, you know, the talking points on the, on the high points of these up to a couple of nation. so i can tell you about that. there's no more less than 15. there's no more than you know, as an applicant, football, and this after a couple of nations has shown so much. i'm not proven that by the day i totally agree with you. i don't know why you have to remind me that god, not bad. so i have a beef typically do and that will let us slide for now about state before that's automatically done with before the be done, the way some organizational concerns. right. what can you tell us about the

organization sofa. you do know, eddie, that before the start, i'm in stop. it is called the 2023. i've got a couple of nations. what that means was that is it is a fact that it sees what supports and expect to have taking place between tell you what is happening in 2020, for the reasons are bob threats and i'll very much for us. and that's because, i mean, come to watch the wedding, so pretty bad in terms of the stadiums that were going to be listed to be used for the matches. the city is waiting prepared on all of those. but i've been here now for about 2 weeks, and i can tell you that the much don't build in additional that will a to a level where things seem to be going smoothly. i mean, the stadium is well constructed. the ones i've been to, the one behind me here is full of a 60 s board, but it's being renovated completely given the whole may cool. but just for the reasons all that a couple of nations politically. so i can tell you us done that be stuck,

but let me pick, i lost them, watch the stadium which speaks for about 60000. um spectate. this is one of the best right now in the off the go. and then of course, the roads, i mean, the roads i'd be given a lot of attention. you also have a beauty. and with that being being said on on. so it's been a whole lot. okay. well, could you by, in terms of infrastructure and of course organization. okay, get a quick one before you go. what has impressed you so fast? i think, i think even look at this security here. it is, it is really tough. not because the fonts can get into the stadium with water bottles, we p edibles and all of that data can security talk much. i think it's something that i like to commend the organizations or the look organizing committee of the options for permission shortly. i mean, it's really big, but unable to people i was in bed receptive. i mean go to the bad news. you go to

different places that walk, you mean i'm of course ready to accept you and of course give you directions as much as you want to. okay, i would love to swap places we do, but it's all good. so i'm send them all of you and i'll be down back to you, but it's at thank you very much sadie. that's it for now. is it all since i called all the stories on d, w dot com slash africa? all on social media will leave you with images from ivory coast and the pride of african football. we'll see you next time. go score your own goals and bye for now . the

cause inspires the electra lability is the name of the game. fast with a twist and a whole lot of fun. the. the innovation is combining the best of yesterday was a fine and stuff today to get started. so wait. let's begin rev in 30 minutes on d w. new dairy products, no ex, new meet. the beacon diet is trending. some people swear by it,

but it's a strict speaking guy, it necessarily help. we off the scientist the tomorrow today. in 90 minutes on d w, the dw. sure. on fix all the info. every day, the world wide web for free part of our timeline, because we can take the different w call, the world, unpack pulse of your info and all the input u, v. w stories. now one to

imagine that you're eating a hamburger and as you're biting into this juicy burner, your dining companion says to you, actually the hamburger is not made from cows. it's made from golden retriever's. 2 2 2 should we. 2 2 2 2 2 2 2 in meeting cultures around the world, when people learn to classify small handful of adults with edible and all the rest of the classify as disgusting. w series about our complex relationship with animals . the great debate. what's, you know, on youtube, dw documentary. sometimes a seed is all you need to allow big ideas to grow. we're bringing an environmental conservation to life with learning facts like global ideas. we will show you how climate change and environmental conservation is taking shape around the world

and how we can make a difference. knowledge grows through sharing. download it now for the . this is data between use and these are our top stores. here in germany, tens of thousands of people have rallied against 5 right extremism in the city of how the demonstration was disbanded earlier. the concerns that the crowd had swelled to unsafe numbers or protest plans this weekend. in response to alleged plans lead to the 5 ride alternative for germany party to deport people with immigrant backwards. the european union's foreign policy chief had.