the spots, the cities sick and so great cultural memorials to boot dw travel regarding the business data, then use africa coming up on a program, a positive outlook for the confidence. that's where the i m. s predicts by the nigeria for example, prizes of food. and i've, a basic needs of skyrockets, is making the cost of living for many unbearable and even gonna people. i also feeling that you cannot make pains with some communities trying to stay afloat by reading for use in communal money boxes. plus we visit survivors of the massive baya. of the high is active building and do hon is back down now he makes if cell to which they say is not safe and i the coast is the place to be for all of the 3. 0, so be africa,

a couple of nations reports i, you know, obviously i guess as the ceo of device the i d, mike i junior and you welcome to the program. africa is set to be the 2nd fast as go in economic region in the wild 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 and that make rash as well. and ukraine on the ease are all have mass conflicts. and let's not forget issues like climate change, increased food insecurity and political instability. creating fe about challenges, even africa's largest economy. nigeria has not been sped from high inflation.

correspondence believes that truthful my in lagos, nigeria, when to find out how people are struggling with a high cost of living a. this is where you go markets a pop up with markets in lagos, nigeria, just that you have to go, i could buy all these items for 10000. that right, that's about $10.00. this. yeah, the same amount only gets me this much is not only for the price is that the skyrocketing because of what our basics likes us, what they're showing people on housing. i've also shopped up many and i didn't say the situation seems to be getting worse by the big enough. so my thought is we have to buy the boxes. might be mumble 6000 miles. well, i think we've got 55000 please. how do we pull these are the items you can get. the cost of $200.00 and era now is $500.00 and error. everything besides the $500.00 basis includes i wouldn't even say 100 visits includes one reason why there's only somebody nigeria is because of the local currency has continued to

lose value. i don't know president that rates this time last year, one that i could get approximately 500 now. right. just the yeah. later. one go that equals 1090. right. the right the the valuation of doing that right east. unprecedented here. and that's nigeria in thoughts, most of the goods, the cost of living has shut off with people's opinions, remaining the same. it has become even more difficult for many nigerians to make ends meet on some of these various because everything is closed. i'm working in my business because it's basically me because when i did this before, because i realized my ex pats project that made us economy will be most able 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 african development. to put things into perspective, the economy grew by 8 foot sensing 2019, making it one of the fastest growing economies in the world. fast forward to 2022 gunners currency. the cd plans against the dalai and inflation shots to recognize about 15 percent. that results in economic crisis both 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 schemes, maxwell soup reports from northam, gonna he a miles away from the copy 1000 grow. women have developed a way to do with economic hardships. is thoughts with this lives in a box? in the northern village of nemo, this group of tetra women has formed,

incorporating to save money among themselves. every week the women bring whatever money each kind of pay and put it into the books. the amounts at k for the recorded members on board with the money to finance the business projects or the needs then be paid by the loan with a list of interest and define goals. no interest is charged on those for school fees or hospital bills. that labs william, but a, 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 body is gonzales and food. if it's for business, let me know, i will pay it back gradually with my profit set that until i pay off the debt and then to and then into in the end. the business i totally belongs to me with that in mind that decide on who does that and needing to ensure

accountability. the group set time deal with rules in the books dispute, which the padlocks and the keys are given to 3 different members. when anyone comes forward to borrow money, all members, mazda consorted the books to look named some correct meaning, or that because one has to pay off the afford that. before we begin. and you called prude lang. consort is teaching the woman financially trustee and have them to ensure everyone benefits, family, 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. and then we can ship out that one is that the, the saved made of the families have no clue to try to get laws from the bonds.

the system is putting the woman on the top to find that she hadn't received the balance due. the same is books as that are i'm doing right now has his own business making and selling shared 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, but john is correct because i mean, was me, schemes lied to sound credible, becoming more relevant will be speaking to the amount of responsible for managing dantas economy in a moment. but before that, let's find out what some people in gone, i think about the states or the economy and the finance minister. my 5th as easy as not, is not installed because the information is too much is getting

worse and there's no getting better. so why he hasn't seen one 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 get to the best i will not get what i so it's very difficult for this and nice and he's got to prove at this point now says the dollar rate 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 this table and to be able to get from joy. yes, very cool. that's. so that's chance. if it's beautiful, let's not 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, gets and back on track. so why are people 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 us, 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 50 for 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 look to tackle it, is as you can see, inflation has come down to 23.2 percent. so as

a gentle 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 an has changed 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 of costs. you'll go into the, i am i speaking over all that $3000000000.00 that's increasing gone. is that isn't that because now we have at that's of at least $50000000000.00 isn't the growing? that's a major consent to the country's economic recovery. the 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 portfolio. we also uh, 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 plan. so is a program okay, of that restructuring. that would enable us get to a 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 got me and i'm not seeing the pain just much, you know, to cushion the effects of,

of the financial. you know crenshaw economic mailed down, 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 and the way we did well to ensure that our support to the live live with in palm and program is literally doubled. we also made sure that a computation and school feed in one app as one of the key issue areas of intervention 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 are putting together so that we can become secure in the area. so for rise in mays, etc. and then the new agriculture i'm minnesota is working. how does that? so that's key. get an a good choice of productivity in place,

and then moving on. i'm to advise you to 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. okay, interim. we're going to do our best to make sure that prices that contain, as installation 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 cost of living mall, bearable, what timeframes or guardians we're looking at because it's easier said than done all of us meet and they're still speeding defense. what's your message? that's why the, 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 $23.00 i target is that by the end of the year it will be 15 percent. and then the

following year would come to the 8 plus or 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 a target of 15, i believe we'll 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 are moving. ok can also we have to got as minutes, stuff of finance and economic planning. thank you very much for your time, sir. thank you. rarely appreciate this. so i've got the media and travel as one on any for his final season. hosting the daily show. know, and the shows team to the i was in the category outstanding talk series. that's

a historic when making lost a fast african and fast black person to win in that category. since its inception in 2015. no, i said it was quote, amazing being part of the shows jenny, the emmy awards at the most. for studios on us in the us television industry. you want to do the news off a gas bill to come football fans from around the world have got to have to witness the confidence talk football sauce as they compete for the competitive ask a couple of nations trophy, the fast does that africa where the commission of inquiry into the massive file. if you building in downtown you honda is back resumed last august, more than 17 people were killed in the central marshall town. district was ablaze that swept through an abundance of 5 story, a boat in which was that the an occupied and rented out illegally locals 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 a cities that he's asked, i also left thousands of families homeless. many have been relocated to immunity builds mix of cell to that d. c is told to be unsafe. it'll be a correspondence, diane hawkeye business at 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. the student be so in delilah is a single mother and he's worried about her safety and that of her children will call me by my god, hold in that it's that 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 and then will by come on, they should and stole 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 4 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 who are playing around this area. mol 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 quote, to force it to prove conditions. when we went to court, we went just asking the court to stop what was going on in the us in the court to recognize these presidents human rights that they actually entitled to dignity. and this was not dignified. of the city of johanna said, usability says it has done what is required in know in an emergency you will to navigate it through the accommodation, the a new way as

a short days of, of, of housing into a c t which we have at least which is know, and so we are doing the best with the lives of resources that you have the can could double in size. the municipality 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'll be forgotten by officials. all

eyes our ivory coast asked the country hosp 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 confidence tough football spouse, bottom it out for supremacy. only time will tell which team will be crowned for consumption. i wish i was of as a witness all the excitement, such as i am not. let's talk to someone on the ground freelance journalist assumption, nobody is covering the forgot combinations in abby's out. hello, thompson. i ever you right now you ceiling all the vibes over the tell me what's the for? yeah, like this story out here is on tag just to say the least. i mean, behind me is the hope that you're on the stadium on much day this place is completely different because you have a lot of excitement from football fonts. yeah. you know that cause of why is

a football loving crazy country and you've got got, finds we've got wood salads and some of them i drink in the national colors, all the country and for visiting teams also have lots of funds to 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 then everybody in the moon all down. couple of nations, eddie. yeah. icon to to be get that. uh. are you talking about meeting the mood, the so called on the adult teams? i've also been in the mood. i mean, we've seen some very surprising results. tell me, what are these results from the game sofa 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 would see what the results come into? you look at gun up, for instance, when you ever think that kept bread would be gone out to one. you look at also nigeria almost struggling with the good to keep it. you're getting it back in the end of $11.00, on the cost of the media around almost $8.00 or 5 places. don't compare to the cut that it goes up to these. yeah. the model of the does show us the, you know, the talking points on the, on the high points of this after a couple of nations. 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 have shown so much i'm not positive, probing that by the day i totally agree with you. i don't know why you had to remind me that gun on the bad. so i have a beef to speak with you on that will let us slide for now about state before that's automatically done with before the end be done, the way some organizational concerns,

right. what can you tell us about the organization so far? you don't know any of that before the start. i'm in stock. that is called the 2223 . i've got a couple of nations. what that means was that is it is a part that is see what's, what's on expect to have taking place between tell you 3 is what is happening in 2020, for the reasons i bought, for example, i'll very much for us. and that's because, i mean, good to watch the wedding, so pretty bad in terms of the stadiums that we're going to be list that 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 not stopped organizational level 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. the 60 s board, but it's being rental based that completely given the whole may cool about jobs for the reason the adapt a couple of nations. but politically, as i can tell you are starting to be stuck. but let me pick out some watch what

stadium which see 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. got a quick one before you go. what has impressed you so fast? i think, i think even look at security here it is, it is really tough, not because the fonts can get into the stadium with water bottles, we dibels and all of that. so they're taking security talk much and i think it's something i like to commend the organizations or the look organizing committee or basketball mission. so, i mean, it's really big, but unable to people asking very receptive, i mean, you go to the bad news,

you go to different places that walk, you mean 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 to check out 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 5 for now. or the

shift your guide to life and it did to to explore the latest online trend to navigate your way through the digital jungle to get it level. this thing will be your guide and show you what's possible really massive to you sit in 15 minutes on the w 77 percent coming to you from monrovia checking on the relationship between this and paid one seated street,

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this is dw news line from berlin. and air strong destroys and building in the heart of serious capital, damascus, reportedly killing high ranking members of the runs revolutionary guards and those regional tensions escalades the united states and israel. this cause gases, post war future presidential bible says it's still possible that israel's benjamin antonia who could agree to some form of palestinian state. as after the 2 leaders speak for the 1st time in nearly a month. plus condo as president is torn in for a 2nd term. felix just the katie remains in office answer a landslide victory fund fee.