late tariff increases on china. alone welcome to do business africa want to jones in berlin thanks for joining the e.u. and arab league leaders have concluded a joint two day summit in the red sea resort of sharm el sheikh now while the meeting aimed to foster deeper cooperation between the two regions britain also took the opportunity to discuss the terms of its upcoming exit from the european union and while most consider brics to a blow to their economies morocco could actually stand to gain from it he s y theories big business in morocco mainly blueberries raspberries and strawberries the sector is worth about three hundred million u.s. dollars annually and the u.k. is one of the country's biggest markets he said had to look at this area of the sector berries is increasing exponentially however there is also strong competition in this sector from other countries such as spain spawn world when all the prices

of berries on the british market are more attractive to us than on other markets it's been well. up to now signs to the u.k. have been mainly via e.u. based wholesalers but with rex it looming moroccan producers have been forging new relationships with british clients and so. currently we have no problem with on the contrary as producers we are dealing directly with customers in britain before we dealt with the british market through a spanish intermediary so we export it to spain and then spain exported to britain but now we're getting to know some of the clients in britain so we export directly . very founding in morocco is also attracting international investment according to the moroccan agriculture ministry the blueberry farming industry in northern morocco produces eleven thousand tons and yearly that's almost

thirty percent of the total fresh fruit sector but that's about to double late last week an australian company inaugurated a new greenhouse facility which is expected to produce twelve thousand tonnes annually once it reaches full production at least after a break said britain can be sure of its very supply. to south africa now where the government of syria rama post came to power just over a year ago and since then the country's been on the hunt for foreign investors hoping to attract one hundred billion us dollars of investment funds by twenty twenty two now saudi arabia plans to invest ten billion dollars in south africa the bulk of that money will flow into the energy sector including the construction of new refineries the two countries already have close ties saudi arabia supplies forty percent of south africa's oil needs next in line is nigeria which feeds

thirty percent of south africa's oil consumption and in third place is an gola with a around sixty percent of south africa's market share and for years now south africa's refineries have needed urgent upgrades but so far little has happened to make this a complaining that he due to the low quality of the fuel new models can't be introduced to the south african calm market but for more let's bring in now d.w. business correspondent stephanie moon who joins us in johannesburg stephanie good to have you with us so we just heard that south saudi arabia plans to invest ten billion dollars in south africa is that a win win situation we're looking at here. yes indeed you know the stuff was actually rather celebrated by local media here who saw that as a step or an increase by you know for investors willing to invest again into south africa and at the same time i think that. in twenty eighteen south africa

experienced one of the highest fuel price increases in history fuel prices increased by about twenty percent which was a heavy burden on to the population and on the living costs of the resort africans so hopes are high that those costs are falling again with that investment into a petrol or a refinery by saudi arabia ok so testing to take saudi arabia consider south africa as a gateway. yeah let me get back to saudi arabia in just a moment but ten billion is a lot of money but the south africa's looking for one hundred billion u.s. dollars in total where the other ninety billion coming from. you know saran of course i think is on a good track to achieve his goal of collecting hundred billion u.s. dollars in investment after the age of ten billion by saudi arabia actually the united arab emirates pledged to invest also ten billion u.s. dollars into the country and we have also seen many local companies trying or you

know patching investments into their facilities here in south africa and look at the shanty a big mine play in south africa so to invest four billion u.s. dollars in upgrading the mines common in factories from germany b.m.w. . bargain and also most see this pledge to invest two to three billion u.s. dollars to upgrade their production facilities here also i think you know as much as. the story that it's adding up and just very briefly getting back to what you wanted to say before about saudi arabia wanted you south africa as a gateway to. to africa indeed as south africa off as you know fairly stable political climate and also good infrastructure sold to invest here in south africa is is probably a good move by by saudi arabia to ensure

a future market for its products all right stefano their business correspondent talking to us in johannesburg thank you so much. asian stock markets rallied today after u.s. president on a trump said he was postponing a new round of tariffs on china scheduled for march third investors are increasingly confident that a comprehensive trade deal between the world's two biggest economies could now be within reach. the shanghai composite closed up five point six percent marking its best day in almost four years shares in china have gained over twenty percent for the year now officially trading in a bull market that after u.s. president trump said he would postpone a march first deadline for terrify continues imports he says recent trade talks are going well. it's really been terrific i tell you the whole relationship has been outstanding we've put ourselves into a position of strength for the first time in about. thirty five years or probably

a lot more than. china has been terrific we want to make a deal that's great for both countries and that's really what we're going to be doing. many in china reacted quickly to the news from washington solutions you see it's a positive signal my company bought some plastic from the u.s. previously which hasn't been taxed by china but we were worried that if relationships got worse china may impose tariffs on those products. sold in the model and we trust him i don't think trump is a reliable person he might be good at doing business but as a politician he's not qualified. it doesn't help the trump gave no details on what he called substantial progress on issues such as forced technology transfers and protection of intellectual property rights both sticking points in the bilateral conversation markets took the good news anyway hoping

a threat to disrupt global trade might disappear. and they would just see again. a prime example of the power of twitter certainly when the u.s. president takes to it canada was in frankfurt joins me now another tweet by donald trump however cent or oil prices south today how serious serious is it. well it's very likely less it's only going to be short term donald trump twittered down the oil price by saying that opec should relax and take it easy but you know this kind of short term reaction of asset prices has become much more common with algorithms becoming much much more important for the markets you know if an important person with many tweets twitter followers with large media attention post something then it does trigger an immediate short reaction that doesn't mean that investors who are long term oriented would really pay attention to this most

certainly asian investors were paying attention to that other tweet and asian markets reacted very enthusiastically to the upbeat news about u.s. china trade talks european markets somewhat more subdued twice that. you know the delay of the tariffs has not really the concerns go away here in europe people here i talked to were asking what happens with the existing terrorists what happens with the terrorist threat against europe and something else i learned here you know the speculation on the markets that may be the american economy has already been much more impact than we thought by the terrorists and by the worldwide downswing this thursday will get an update of the fourth quarter g.d.p. from the united states maybe mr trump knows more than we do monica at least all the predictions i could find for the. do not really look good ok however i have

to put it to you that stocks and bonds in africa's biggest economy that's nigeria also rose today but that's mostly down to the conclusion of the presidential polls over the weekend stocks rose nor two point four three percent no major trades took place on the nigerian currency the niagara as investors await the official election results. president mohamed to be faced his name challenge from businessman cool. cat and that is something where i would like to ask you can i'm sure that europe is also keeping an eye on that election just friends that have a favorite candidate here well i can tell you monica that of course you know pundits and strategists investment strategies here in frankfurt are looking quite closely at what's going on in nigeria and in those elections and they all the

people i talk to say told me that of course people here notice that president bush has a bit of a reputation to be more anti corruption on the other side and mr barker seems to be inclined to be more pro business and pro private investment but that's not what really counts from the european point of view in terms of business what's important is that nigeria stays on the path of democracy that you know the. losing part of the defeated part reacts peacefully and that we can continue you know growing ties with nigeria. it was in there from the front in stock exchange thank you so much. and that is your deal business in africa trial for now thank you so much for keeping our company.

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take the most drama day out. it's all that a new i might show join me for meet the jetman sunday w. . post. thing or did you tweet more years. for women for internet activists one mission. the battle for freedom and dignity. courageous and determined they campaigned for women's rights and for peace. when they mobilize against femicide. or compulsory veils. of their messages are spreading like wildfire. the media is quite critical of that in the uk and dozens of others are. online on the streets for.

women more changing more to the men in the boom digital. starts march. on t.w. . this is the w. news live from both of us president of the. position leader i'm with you one hundred percent that was a message his vice president delivered to plan to increase the pressure on for the finest president nicolas maduro and meeting the father of the weekend killing of four people us troops loyal to the president the door of volunteers from bringing

humanitarian aid into the country also on the program the arab league and the european union hold their first joint summit on the agenda at the talks in egypt.