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tv   Business  Deutsche Welle  September 18, 2019 7:15pm-7:30pm CEST

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many parts of africa ugandan startup hopes to change that but it's affordable medical equipment. will be speaking with itself. so we'll have that story and more in business south africa coming up in just a moment i'll be found at the top of the hour i'm going back. to. earth. for saving googling to tell stories of creative people and innovative projects around the world ideas to protect the climate and boost green energy solutions by global ideas mean by a new series of global 3000 on and on line. no go to the euro max you tube channel. good line of story.
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with exclusive. the must see concerning culture in europe. to be curious minds. do it yourself networkers. so subscribers don't miss out. on has released stunning 2 digit economic growth figures i have some people lost whether they are good to be true. remains high in many parts of africa but a cheap solution developed by the stop of us sets out trends that will. come up with the idea. this is bizarre for you welcome to rwanda is reporting double digit growth for the 2nd quarter of the year heavy government spent. especially in civil
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construction projects drove g.d.p. growth 12.2 percent in the quarter considerably higher than a year randa has become an economic darling of sub-saharan africa spending heavily to improve infrastructure and attract outside investment but the kigali government has been accused of manipulating statistics to paint a pretty picture of the economy. now let's look into that from toronto i'm not joined by david him barack he's an economist and former advisor to run us president gonna david can we trust these figures are they too good to be true. they're too good to be true ok right why do you say that. i say i should i say 3 reasons. ok 1st of all. with the flu question. did one neighborhood and the international. international prices have down
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that's the number one. number 2 changing with a neighbor who neighboring countries is down because as you may know. what a close its border. with uganda in february is history 2019. so that is that what the closure and then the 3rd reason is that there was a well rainfall. in the in the in the past year in the 1st half of the year. so this is these things are affected. one in explorer and of course this one explodes and must be very culture based up why would the government david excuse me to interrupt you why would the government put out false fake is. when you see this is
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a happy. this is how big it takes this happens all the time it seems to me that this strategy in rwanda has been. to say to to to project itself as a success story. as a smokescreen of repression somebody says look you know we're developing wind power puppet is declining so you know who cares about. the human rights issues but if i may have something before it's ok in terms of the questions you asked me on here let me also highlight the fact that. in this case one has contradicted south. had it has got itself. the. national. export vote as well as the nationals that this board
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has assured me that in the 1st and 2nd quarter. exports dropped by 40 percent. and its neighboring countries act what's in it you know in the things that does what it does best and bad and i can milk and eggs and stuff ok. the exports dropped by 50 percent so where would that growth have come from so in this case that was treated too well but i do say it was just we. thank you very much david in toronto thanks. south africa says annual inflation rose higher than expected in august adding to fears that the reason the oil price spike could usher in higher rates consumer prices grew 4.3 percent year on year according to the petroleum based statistics
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south africa food and utility prices were behind much of the rise inflation fears of lowered trade expectations that the central bank will cut benchmark interest rates on thursday as have been expected. it's about 6 more weeks until the united kingdom is set to leave the european union as means big trouble for some key u.k. trading partners like ireland it's also a cause for concern for certain industries that depend on exports to the u.k. and spain shoemakers are now hoping for the best but expecting the worst. whoever hot footed into this store in madrid probably isn't weighed down by money problems. ok or after a collaborative effort among famous designers cost around $150.00 euros they're pretty popular among european customers as shoes made in spain tend to be. spanish footwear exports the e.u. are worth close to 2000000000 euros last year. but the mean shoe game is about
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to get meaner. medics if there isn't the rex it presents a scenario of uncertainty fist banished footwear in 2018 the united kingdom was one of the main consumers of footwear made in spain but already in 29000 the exports to that country have reduced by 10 percent making the u.k. drop from the 4th to the 5th consumer position for spanish in europe and it seems that trend is remaining that trend has meant no less than a 1000000 fewer players are spending shoes sold to british customers but the country's famous footwear manufacturers are trying to keep their foot in the door. you know such a course of how we advise companies to assess the risks that wrecks it implies the consequences in customs such as the imposition of tariffs or to pay v.a. t. in advance of the consequences that they may be in the supply chain such as delays in deliveries and to anticipate storage and then the financial risk such as the
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devaluation of the pound and the consequences that may have on consumption but rather than simply waiting for the other shoe to drop the sector has made sure to enlarge its footprint in other markets stepping up exports to north america and asia. and out of some of the other global business stories making headlines today inflation in ghana has hit its lowest level since at least 2013 august figure of a figure of 7.8 percent is the 1st to fall into the lower half of the central bank's target range of 6 to 10 percent a decision on whether to cut interest rates in response is expected on friday u.s. president donald trump has announced plans to introduce substantial new sanctions against iran the white house has blamed tehran for an attack on saudi arabian oil facilities that cut off 5 percent of the world's supply of crude oil existing u.s. sanctions have already crippled the iranian economy. and germany has
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extended its ban on arms exports to saudi arabia government spokesperson said it will not last until march next year earlier this week chancellor angela merkel says she saw no reason to lift the ban it was introduced last year following the murder of saudi journalist to mark a short for which riyadh was blamed. now the birth of a child is usually a joyous affair but in many parts of the world it often ends in tragedy every day $830.00 women die in childbirth globally 99 percent of them live in developing countries maternal mortality is especially high in sub-saharan africa where a number of risk factors converge these include poverty lack of access to health care and of course young maternal a world health organization and so drastically reduce the tunnel mortality by 2030 there has been some success already including in sub-saharan africa back of the
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year 2840 out of every 100000 expectant mothers died in childbirth by 2015 you can see the number here in a 2nd the number had dropped by more than a 3rd but it's still a long long way from the 2030 target set by if we were age of 70 which. but on the on this now joined by dr prosper visit with from uganda dr visit where you have found it startup called em scan that makes cheap portable ultrasound scans but one writes here to say that half of all the trouble could be prevented using this technology to yes i think that we have a huge problem in africa mothers dying from child bus which supposed to be a very normal process so for us we detect the problem was. some of this are fucked as well maternal mortality can be detected earlier in pregnancy and these mothers
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can live by ultrasound and these mothers can be referred for care but in africa we have limited access to electricity and the existing ultrasound machines are very bulky and expensive so we came up with a low portable cost low cost but they bought for us on a device that can walk on your laptop doublet and you know that you can deliver this solution to mothers in your area so you can be carried by nurses and doctors in the field yes for us we're equipping health walkers and expensed midway's to actually. i'm able to deliver this solution to mothers who need it especially those in rural areas it sounds very logical 1st simple solution to a terrible problem if you have found a company to address this issue did you find that easy of finding capital finding support for the it's not easy developing an idea to a minimum viable product in africa because you really need someone to believe in you as a fast pass on and for us for good bye to have united nations with the mission fund
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giving us all see it 1st funding to actually develop this idea to actually the solution that we have no so lot of ideas in africa just did they're just not being developed yet this idea is this idea of. what you need to know to move. that can actually deliver change the narrative in africa. how do you. but you said people don't trust young people with with with good ideas how dependent on startups then africa and western capital i think that most of the funding that we get is from west and box when jack up the list there is there is a deficiency of local bucked venture capitalists to actually invest i think they don't want to take they don't take a chance we need these young people yet i believe that the young people of a some people you know africa is blessed by a very young used a demographic you know that you know we need to tap into and look the potential and be able to deliver and generative enough ruka so these the need for local bank mrs
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to actually believe in them in africa very briefly we're running out of time but what's the next step for a start for us want to be the go to solution for ultrasound and we're looking at moving beyond the tunnel coming to him out on it or it into point of. scaling of course of course africa good luck i think with us thank you very much. and visit with from uganda. and that's it from me and the business team here and berlin for more business news check out our website as opposed to w dot com slash. of the go here's a quick look our global markets are up as. every
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this is deja news africa coming up in the next. if the minutes. from south africa nearly lost his life just violent crime. growing vegetables short in the race. card.

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