language film and cinematography. this is d.w. news coming up next t w business africa will leave you now with some images of the oscar winners getting that statues proselytized after the ceremony accompanied by lady gaga. hits. time and song. how about taking a few risks you could even take a chance on was. don't expect happy ending. the church.

and. the new training. innovation and education. but this is one game we can't afford to lose the world food program fights and gold what helping people help themselves my goal is zero anger. as breck's it looms britain can rely on the moroccan bear reste american dairy producers prepared to kept out of the european middleman to keep the british market also on the show the stock market's been reason a sigh of relief after donald trump said he will delay 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 and he said. 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. up to now sales 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. so. currently we have no problem with breaks out 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 exported 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 filming in morocco is also attracting international investment according to the moroccan agriculture ministry the blueberry farming industry in northern morocco produces eleven thousand tonnes annually that's almost

thirty percent of the total fresh fruit sector but that's about to double like 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 cyril ramaphosa 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 and gola with a route sixty percent of south africa's market share now 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 com market well for more let's bring in now d.w. business correspondent stephanie moon who joins us in johannesburg stephan 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 this stuff was actually rather celebrated by local media here who saw that as a step or an increase by you know foreign 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 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 imitate saudi arabia consider south africa as a gateway. yeah let me get back to saudi arabia in just a moment but to 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 surreal of course i think it's 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 gold ashanti a big mine play in south africa so to invest four billion u.s. dollars in upgrading the mines common factors 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 well so i think you know as much as. we are sorry that it's adding up 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 office you know fairly stable political climate and also a 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 there d.w. 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 a tariff hike on chinese imports he says recent trade talks are going well everybody 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 we 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. so think the model can 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 sent all 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 maybe the american economy has already been much more impact than we thought by the tariffs and by the worldwide downswing this thursday we'll 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 this data. 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 niobrara as investors await the official in. action results president mohamed who faced his name challenge from businessman i t cool back and that is something where i would like to ask you can i'm sure that europe is also keeping an eye on that elections frankfurt 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 or people i talk to say told me that of course people here notice that president bush already

has a bit of a reputation to be more anti corruption while on the other hand 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 defeat of party reacts peacefully and that we can continue you know growing ties with nigeria. it was in there from the french and stock exchange thank you so much. and that is sure business in africa for now thank you so much for keeping our company.

a new summit and a new round of political poker. the two sides will have to overcome decades of hostility. stoked by an unpredictable u.s. foreign policy machine and a family of dictators united by one obsession getting their own atomic bomb. to

kim. kim sixty minutes. was the result it's not easy to go to another country you know nothing about. do this because we can't stay on his way and i'm not. that. costly global news that matters. made for mines. this is state of the news africa coming up in the next fifteen minutes a tense wait. in nigeria as voters graceful the election results church services across the country did a case these whatever the outcome will be. and will it be more makis self-will senegal the fifty four year old is seeking a second presidential to. go voters give it to him. then what it

is say we'll find out why south african talk show host of the no worse if the twitter sphere.