the economy on the kenyan island of limo but many i mean stolen to be used in chinese medicine. whole lot more coming up next to add to the w business a whale of a rock in berlin on behalf of the entire news team we wish you a wonderful egypt. earth . for saving google images tell stories of creative people and innovative projects around the world. to protect the climate and boost green energy solutions like global india has been by a series of global three goals and on d w and online. the

book. it's left nothing but a trail of destruction the i.m.f. has dispatched a team to mozambique to help the economy recover one week after day first made landfall. also on the show city life can be expensive but did you know that the robie is africa's most expensive so. according to one international study i'll

correspondent there tells us more. and how chinese traditional nets it is threatening the traditions of a small island community in eastern kenya. hello welcome to business africa i'm monica jones and berlin good to have you with us and we're starting with news from south east africa the international monetary fund has sent a team to win big it's aimed at helping the economy recover in the wake of a devastating cyclone a day hundreds of thousands have been affected by the disaster which left a trail of destruction across southeast africa hitting some of the poorest countries in the world. like loney die made landfall near mozambique's fourth largest city bear on march fourteenth green devastating winds and one hundred fifty millimeters of rain in a single day rescuers and as struggling to bring aid to survivors many stranded on car gauges are in roofs or stuck in trees the flood zone covers

a vast area three thousand square kilometers. the i.m.f. has promised to help mozambique as well as other countries in the region. our solidarity is with the people of mozambique zimbabwe and malawi in the aftermath of cyclon you die our condolences go to the families and friends of those affected by this terrible disaster and an i.m.f. staff team is not in. to evaluate options for possible i.m.f. support. the u.n. calls like loan you die one of the worst weather related disasters ever to hit the southern hemisphere mozambique is the worst affected country around ninety percent of barrow has been damaged or destroyed even the port city effectively an island without power clean water or communications with the desperate residents of barrow rebuilding after eat i was an enormous challenge. how much does

a loaf of bread cost in your part of the world well that's just of one of many questions the authors of a new study considers when ranking the most expensive cities on the planet here are the top ten take a look now three cities joined at the top that is singapore paris and hong kong living in the european cities zurich geneva and copenhagen also cost you an arm and a leg the super expensive cities in asia include or soccer in japan and south korea's capital seoul u.s. cities new york and los angeles as well as tel aviv in israel also make the cut but what about african cities none of them are in the top ten but that doesn't mean that they aren't getting more expensive to one of the biggest movers up the ranks is kenya's capital nairobi it comes in at number sixty four in the world and that makes it the most expensive city in africa so what's behind these trends and should we what should we make of this kind of ranking anyway let's bring in for

more joy doreen in nairobi joya good to have you with us first of all how are these rankings even worked out what factors did the study's authors consider. well when i roll be i think and the rest of the line i guess the use the bar fifty thousand individual prices of various goods and services and those include you know of food drinks housing or accommodation. schooling as well as recreational costs and the fact is that they did consider well looking at their obit particularly one would actually say that this specifically focused on the x. factor. who live in the city knowing that most companies use this intelligence unit. cost of living survey to determine the packages and compensations

for these batteries who who are citizens of other countries coming to work into the city so that is the reason as to why i think nairobi has bought the most expensive cities in the world yet it is exactly in this study it's actually risen thirteen places since the last ranking no you live there of course have you noticed that things are getting more expensive. well over the past five years they have been said and i suppose they are gradually increased in price. who want due to the and predictable weather patterns over the years and also the price of real estate or you know housing has gone up over the past few years and that can also be actually. considering that part of the accommodation is not paid in the local currency but using the greenback and still looking at the kenya currency today actually last year they did appreciate about one percent to the greenback

that means it was the only currency in africa that appreciated against the greenback and that would have explained why certain items or a certain products and services could or should have in nairobi also narrow the city has the highest domestic inflation going to other parts of the country now there is of course one thing that might surprise a lot of people and that is that only one african city actually ranks as the top ten cheapest city in the world and that is the nigerian city of lagos how is that. well that is quite a surprise for everybody during that look two years ago or late was come up as one of the most expensive cities to want but also going back to the entire want you to actually concentrate on the cost of living for x. living in various parts of the world and so maybe now going to two years of the

lakers just happens to. the floor but i am being delayed goes and i can't honestly say that the cost of living in league is not ship it is expensive and is expensive . expensive so looking at other factors like the route creational costs and all that i don't think it is. it's at least it's all relative if i can tell joy during bear are they reporting from nairobi thank you so much. indonesian national carrier government is canceling its order for dozens of boeing a seventy seven max eighty jets after the model was involved in two crashes the decision is likely to spark further cancellations from other carriers including from governor's rival lion air earlier this month an ethiopian airlines seven three seven max went down shortly after takeoff and last october a seventy seven x. eight operated by lion air crashed in indonesia in both cases all people on board

were killed u.s. prosecutors are investigating the certification process for the g. eight. and are just some other global business stories making the news. right helling company has picked the new york stock exchange for its i.p.o. the listing is lined up for april and could value the company at one hundred twenty billion dollars one of the five biggest ever global ride sharing platform also operates in more than fifteen major african cities from cairo in the north to cape town in this house. a study by pricewaterhouse coopers says trial in india will dominate the i.p.o. scene by twenty thirty putting wall street into third place peter obviously also says that liquidity and a stable currency dictate mostly what a company decides to float it shares head of the here again people's party in the e.u. parliament monthly data has called for a marshall plan for africa mr bieber who hopes to replace john paul as president of the european commission said the e.u. must do its best to help stabilize what he called europe's neighbor continent falls

. kenyan police have seized twenty million dollars of fake banknotes the counterfeit cash had been stored in a deposit box at a branch of barclays bank six people including two members of the bank staff have been arrested the seizure comes at a time when kenya nor makers are pushing to relax regulations requiring financial institutions to record transactions above ten thousand dollars barclays says the fake money seized belonged to a customer and that it is cooperating with the investigation. is donkey skin going to be the new ivory that would be bad news for donkey's because their skin is in high demand in chinese medicine and that makes them want to track to for thieves threatening a long preserved tradition on one wall island in eastern kenya where donkeys play an important part in people's daily business activities. you won't find many motorized vehicles here donkeys are the main motive transport don't have your own

money problem you can hire out a four legged transporter to get yourself or your belongings from a to b. but something is disrupting the order of things on. they don't these are disappearing. my don't carry building stones sand and cement business is low i could make around thirty euros per day but now getting even twenty euros is hard because the number of don't i have keeps going down i have lost three donkeys but there's twenty nine year old has lost his donkey to he says he knows who is behind the disappearances the chinese subway formal information that you are getting is that the chinese have taken the donkeys about one hundred two hundred fifty don't have been reported missing and nobody knows where they are in number we all know each other we are all friends every don't has a map showing who the owner is. don't you scheme is sought after in china because it is used in

a traditional chinese medicine called. this demand makes the animals more valuable and thus more attractive to thieves kenya already has three chinese owned don't you slaughter houses there don't you can sell for up to one hundred twenty euros low resistance fought against the opening of a slaughterhouse in the region but the animals are still being stolen people whose livelihoods depend on the animals are going to look around for alternative work from india says i have a family i can just do nothing i have to get another job now i sell fish but it takes time to understand new business i'm used to donkeys it has also affected my income thank you so losing my don't give has had a huge effect on me. going to go see. the tradition of working with donkeys has been passed down through the generations in law they don't keep plays an important role in the life of the community and each individual. but is this

important part of culture doomed to die out animal welfare organization the don't the sanctuary has been protecting donkeys from ill treatment for decades it is now watching to save the animals from smuggling and slaughter. in april twenty eighth the kenyan government reacted to fear as the donkeys were dying out by suspending the licensing of donkey slaughterhouses in the country but this has done little to calm illegal poaching the young people of lamu can only hope that more will be done to protect the animals their traditions and their livelihoods. and that is business africa here on. news for me and the business thanks for keeping us company.

eco africa. namibians on costa wants a sustainable future. of inter based business chattels a bike said mom on solar energy it's a promising concept bikes are affordable and fun to ride and even use five rangers

patrol. in sixteen. feet. with different languages we fight for different things that's fine but real. for freedom freedom of speech and freedom of press. giving freedom for global news that matters. made for moderns. this is news africa coming up in the next fifteen minutes a humanitarian emergency left by the side to. team drinking water is scarce in mozambique where aid. remote regions hit by the storm we'll be talking to somebody in favor of. the ambitious project to improve life in africa's desert regions we

have a story of a green wall being planted.