all selves korea of course china and maybe even the u.n. command and we are talking here about speculations but as you can see there are some concessions are expected when you talk to experts at bard so what is possible at this summit in hanoi. norman in hungary thank you. this is day that we news a lot of about that coming up all day doubly business news africa will introduce you to a company often refer to africa's amazon out there also plans of the new york stock exchange we're going to. enter the conflict zone with tim sebastian. i'll be challenging those in power asking tough questions demanding. as conflicts intensify i'll be meeting with key players on the ground in the sense of them. crashing through the rhetoric

holding the powerful to account for facts the conflict zone. conflict zone between sebastian thrun d.w. . much of british. surely screw africa and the world or link to exceptional stories and discussions from the news of easy i want wimps i do debbie to come smart because joining us on facebook t.w. for. from start up to industry giants one of africa's most successful online shopping platforms could soon be listed in new york just pie in the sky or a step towards market domination also on the show forget about its italian shoes so if you want something really special for your feet look to zimbabwe.

welcome to do business africa monica jones good to have you with us now we're starting in nigeria where the co c.e.o. of online retailer jamia says africa's potential for e-commerce is bigger than in any other region of the well. out speaking in african business magazine jeremy who doris suggested the continent's lack of traditional brick and mortar retail structures meant that e-commerce companies could corner the market there jimmy are often referred to as the amazon of africa has expanded rapidly but it's still racking up losses in lagos based company is also reportedly set for an i.p.o. of the new york stock exchange in the coming weeks investor rocket internet of palin is seeking to cash in on shares worth up to two hundred fifty million dollars rocket however is not commenting. so let's get some comments instead from our studio guest and that is moses' aka the founder and c.e.o.

of africa link and that's an african entrepreneurial conference based here in berlin first of all it's great to have you here with us but you make of that statement that africa is on the verge of an e-commerce boom i think that that is actually an interesting statement and such a good one because definitely if you look at the structure is enough. there has been a lot of luck of infrastructure but the access to internet has now made possible for businesses like jr to be able to really skillful i mean like you said that they are still kind of making losses but i would say that there is a lot of integrated services that are coming our own with this whole economist system and basically it's actually making it possible for many people that are now have access to the mobile phone ices the internet to be able to buy things that normally they would no be able to have access to because you don't have the infrastructure you don't have hands on physical retail at least not in the way we

would have in other parts of the world so so this this online shopping is is is really is that the only reason why it's it has such potential i mean so if you look at it like no of course there's a rise in growth when it comes to shopping malls also being. and it was because the culture traditionally people had what we call seen as believing so you have to have a feel of it knowledge exactly now with access to internet there is what we call trust and reliability so business like jamia now proven that we can actually not just the e-commerce but the logistics the whole cost the most support now there is the trust the husband built and people are actually more happy to have things that are can be delivered to them and their convenience and again you know most of the african countries what you hear first distrusting so why should i stay in traffic for many hours just to get something that i want or even tested and if i don't want

to take it back so with businesses like jamia i think this is actually because of what you need for them and that is why do you actually caution and know and they're successful i mean i've found read somewhere that in twenty sixteen so almost three years ago now became the continent's first stop to be valued at over one billion dollars we also heard of course that they're still making a loss that they ask says what does it take to be a successful startup in africa so one thing is this for julia like i said it's an integrated services first is that all one platform where you can buy things but of course we would not see immediate profits but they actually build in the services our own at the logistics are on the warehousing these are the things that of course would take profits away into all the infrastructures that i have to set it up but i think that they have allies on the access to internet and that is actually making it more successful and of course policies are also making it possible they also understood the market one thing as you see rockets was one of the key investors

that actually made you know what you mean they did not just say we have bring in foreign or international knowledge on to the market but what they did was to integrate it with the local experts to get the right business to get the right model and i can see over the past few years they have been evolving they see that ok maybe do. doesn't work in this particular markets but then it works in the other particular markets and then they keep on evolving and i think that is what is making them successful or at most a very very briefly because we're running out of time this i.p.o. is a good thing absolutely it is a good thing and of course i hope it happens soon but the reason is that this i feel is actually going to open access to all the investors to come in it's going to build a stronger awareness is going to build a stronger brunt and is actually going to help all the infrastructure is that not currently available for junior to be more profitable to be able to be more profitable and sustainable and i think the business is relevant to the people in africa and that is why i think it's good that we go for that i feel fantastic most

thank you so much for your time and for joining us in the studio thank you very much. all moving to north korea now and the u.s. both of them again ring up for their second summit in vietnam's capital hanoi which actually is taking place the thaw in relations not only between north korea and the u.s. but also with south korea as spock's an unlikely boom the so-called de-militarized of demilitarized zone between north and south korea which in reality is one of the most heavily armed places in the world is becoming prime real estate more and more investors i'm moving in. it may not look like there's much here but kim and sue is convinced he's walking on a gold mine. and over there behind those hills is the thirty eighth parallel from here it's about five kilometers to the demilitarized zone and then another four kilometers to north korea. the village of hemmer who lies in the

civilian control zone a buffer strip south of the demilitarized zone that separates north and south korea you can only enter here with a special permit. that hasn't stopped him in sioux from buying up some six hectares of land here more than a decade ago since then he says it's more than tripled in price to some four hundred thousand euros and he thinks the best is yet to come. from that train station over there you will soon be able to go to pyongyang london moscow beijing anywhere you want to go in the very near future when people see the train lights they will say oh this train is going to london this one to germany. going to get to the right now it still takes a lot of imagination to see a bustling border town come to life here but like a means to people in him

a village have their eyes set on the u.s. north korea summit positive signs could give prices here a real push. after the first direct meeting of south korea's president moon in north korea's leader kim jong un last april land value here doubled overnight now if that makes you want to invest good luck finding a seller because no one here is putting their property on the market right now. but if someone does. knows where to find them. he runs a real estate agency in the nearby city of pardew he to foresee a bright future he will. want to not only myself but also many of my clients are optimistic about the second summit what i want for expectations are met then many more people will come here not only to invest but also to live in this area. that's also what clients are banking on they hope the government will develop this

area and create special economic zones once relations with the north permit if they ever permit that is. not better with every type of investment is risky but i'm optimistic about this area sometimes the relations between south and north korea will fluctuate but in the long run they will improve. after this summit in her noyo investors here will likely see clearer if the risks they've taken will be rewarded any time soon. now it's a success story especially considering same bob ways long term economic crisis in the southwest of the country a small factory produces shows that it ships around the world the handmade from exotic sustainably sourced to live in fact the company is so successful they can hardly keep up with demand. the fourteen employees in this small shoe

factory in zimbabwe can hardly keep up with the orders they receive from around the world. they only produce thirty pairs of shoes a day but then these shoes a very special. sack or rolls royce. that space here in new york twenty people put them on they don't have to break them in that list is nothing they just put it on and that everyone then put it back. each pass is made by hand the letter comes from free running buffalo news crocodiles or even hippos in accordance with the convention on international trade in endangered species the souls are made of natural tree. all that has its price of course a pack hosts up to five hundred u.s. dollars they're mainly exported to the usa europe and south africa it's a modern day success story the courtney shoe factory was founded in one thousand nine hundred ninety four and has survived various adversities just

a few weeks ago there were protests and riots in the area all the other companies shut down for a week except for courtney you were never heard of this at the moment. this ill is that it is one of the this is the his. sleeve there. are very important. now and they are looking to expand their workforce and everyone there is hoping they remain successful and that these hundred shoes from southwest zimbabwe become a long running sales eight. it's carnival time and germany the full season generates billions of euros in revenue but revelers are becoming increasingly dependent on china for their fancy costumes two thirds of khan of all goods imported to germany hail from china and twenty eight hundred loan germany imports. carnival gear worth more than ninety eight million euros.

and just enough time for this egypt's telecommunications ministry says the country will host your ways thirst cloud to data platform in the middle east and north africa the chinese telecoms companies signed a memorandum of understanding with telecom egypt on the sidelines of the mobile world congress currently taking place in bass and or nash spain way is a major sell off concerts in egypt and wants to expand in africa including surveillance technology the continent's personal data protection laws are less stringent than in general. and that is business africa here on d w thanks for keeping us company.

three points on the confidence boost don't be. regained the stream. three three points and the big surprise of. we'll. continue in.

just. the way the most almost at the get take a look i can't. prove those. but again i'm just i mean. this is deja vu news africa coming up in the next fifteen minutes dissent is on trial in cabinet opposition leader maurice comptroller is one of hundreds facing charges that carry the death penalty what osp rights groups if the international community is ignoring the crisis. and results are trickling in off to nigeria's election but some say there was no time.