tv Business Deutsche Welle October 22, 2019 8:15pm-8:31pm CEST
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ork lighthouse in northern denmark has been put on wheels and moved inland to avoid the risk of it falling into the north sea the 120 year old building used to be some 200 metres from the coast but erosion left it perilously close to the cliff edge the operation to shift the 1000 ton building went smoothly taking less than 10 hours thanks for watching. after the fall of the berlin wall november night w. . every journey begins with the 1st step and every language the 1st word i don't think of the coax in germany or in terms of.
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why not learn with him. to suffer in simple online on your mobile and free. w z learning course. german may be easy. as nigeria instigate spiral controls all on board is an attempt to crack down on inflation shoots up and neighbors like nina are asking is choking off trade like that really the only way to combat smuggling. and more women are getting the real top jobs around the world but for africa that's been quite normal for some time and still africa's female entrepreneurs still struggle to get fun.
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also the flying taxi it's fun live that german startup volatile call to demonstrate its prototype. this is business africa. free trade requires open borders spot the nigerian government effectively sealed its border with been in 2 months ago when it's introduced painstaking customs controls in an attempt to crack down on smuggling it last week it went a step further and made those controls mandatory on all of its borders with imports down to a trickle result has been a rapid rise in inflation on next report brings us to one of its neighbors new businesses relying on trade between the 2 countries are furious about the closure of the border. it used to be a seamless journey but the last week has changed everything trucks that once traveled freely from the chair to nigeria are now being stopped at the border
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leaving drivers with no choice but to unload the goods they've been carrying. me share is one of 4 countries feeling the effects of nigeria's sudden decision to close all of its land borders the idea was to crack down on smuggling but the move means that even legal goods can't get in nigeria's all important oil exports aren't affected because they leave from the country's ports. the border shutdown violates the terms of a regional grouping known as he is the economic community of west african states traders in the share say they've been crippled by the trade restrictions. to be honest we are very angry. the business community is deteriorating in the name of allah this closure of the nigerian border is causing the most possible harm the business that allies traitors to earn their daily bread has grind to a standstill we're very angry with the closure of this border.
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areas customs chief says the border will remain closed until neighboring countries take action to stop smuggling in the meantime some traders are already trying their luck getting their goods across the border by motorbike instead of truck. are women finally breaking through the glass ceiling in business in germany for example there's a 30 percent quota now for supervisory boards but none for executive board spot let's have a look at some recent news from the top flight of global economics let's start with christine lagarde she's due to become the 1st female president of the european central bank in just 2 weeks replacing mario draghi before that she headed the international monetary fund their replacement is also woman buggering economist christa lena your give up taking over there as managing director soon and last week said to flow shared the nobel prize for economics for research on fighting poverty
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she's only the 2nd woman to win the prize which has been awarded since 969 last but not least jennifer morgan became the 1st female head head of a german blue chip company last week she is co c.e.o. of software company as a p men still dominate the boardrooms of the world's biggest companies sub-saharan africa has the highest rate of female entrepreneurship globally with approximately 26 percent of female adults engaged in and printer elective ety let's hear from one nigerian business leader in the tech sector about what she thinks needs to be done to foster more female leadership. i want to society where way to keep some momentum i want a reality where more women are being pushed to go to school more when women have been empowered action to go to school and then. fills that i pick up for tomorrow's wall to be is only enough to educate women they also need financing the african
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development bank estimates that 20 there's a $20000000000.00 financing gap for african women causing the growth of these businesses to suffer a spring in their georgia rain barrel she joins us from kampala in uganda is the hope she does. joyce you can hear me africa having the highest rate of female entrepreneurship globally is quite an achievement one of the reasons for us some of the reasons that are being put out is the fact that women across the african clinton is a mole and to pronounce it just goes sometimes they do luck capital but do we kill to start businesses is very high but most of the business is full within the micro and small medium entreprises category which means that most of these businesses had to get past their. obama there and it mastery so it makes it
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a bit difficult for them to get credit # for jarana businesses sustainably but the will to economically start businesses it is just that lament the engine is very high. the joy of the african development bank says that the financing. for female of this was also from gender specific challenges what are those. yeah that's for sure because we have seen costly wish under bill or should it what business is that i run by women is that most of them do not express the difficulty in accessing credit and this means that there's more trust we've given credit to manal or to mel entrepreneurs as opposed to giving credit to female entrepreneurs and finally this is because of just this dear attack that he's associated with gender equality or gender inequality across the african continent sometimes
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financial institutions would trust more money with the male entrepreneurs as opposed to female entrepreneurs and also the sustainability factor is that during loan applications the strategies are all collateral for paying back these loans is much more trustworthy with the mail and to pronounce as opposed to the female entrepreneurs according to what some of the financial institutions in the east african region are pointing out. briefly gama producing more female entrepreneurs than any other companies with 46 percent of businesses being owned by women that what are they doing right there over in ghana. well one thing that has been pointed out is that these more education and that's being given to the women in ghana and they're aggressive and venturing into the same businesses or line of
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entrepreneurship and demerol counter rights which is giving them an age over the rest of the women around western africa and the rest of africa as well which is something that the rest of the women entrepreneurs can learn from the women who got now. some lessons from ghana during vera thank you very much. to lebanon now where the government has announced sweeping economic reforms it hopes to appease hundreds of thousands of people have been protesting for 6 consecutive days the salaries of top officials including members of parliament well the cut in half and poor people were as well received assistance but all that has done little to ease the tensions on the streets. the protesters in beirut want to topple the entire political establishment which they see as corrupt governments wide ranging economic reforms have failed to win them over. the last we don't trust
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this political class even if they light all their fingers we don't believe them anymore because today they say something and tomorrow they change. that and that's not a shit people are taking to the streets for their future and the future of their children . in reality the political class we have has left them nothing before this uprising if we can call it that the government has tried to pick the pocket of every poor person until they were left with nothing. but government to scrap to plan $0.20 a day tax for what's up and facebook messages the initial spark for the uprising last week the prime minister also promised to fight power outages and to allocate a 160 $1000000.00 for housing loans in an attempt to revive the struggling construction sector. he took. to the cabinet held my the pressure of this the. political. changing is. presented to them and therefore his thinking.
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but for many of these reforms are too little too late the world bank says a 3rd of lebanon's population lives below the poverty line and their patience is running out the protests have now paralyzed the country for 6 days with schools universities banks and other businesses shuttered. and there's still no sign of the letter. is the. taxi the future of public transport certainly give it a try looks like a hell of a riot or. a show today said one of its flying taxis prototypes in singapore have a look through. the test flight in singapore involved a pilot but the final version will be able to fly without one of all a coptic can travel up to 110 kilometers an hour carrying 2 passengers and their
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luggage bill to cover short distances it can stay in the air for 30 minutes the company believes its biggest market will be cities like jakarta and bangkok which suffer from intense traffic congestion. many of the world's largest legacies are in asia so obviously this is a natural market to us and we see great progress on the side of the authorities you know making new modes of transportation available so asia is a natural fit for the. full the copters says the service will likely appeal to business travelers eager to save time but is hoping that the general public will one day be able to afford it to. the follow up there is no electric power drone which runs on 18 brochures as a result it's much quieter than helicopters which require fuel. to german startup is backed by car maker di miller in september it enhanced it was joining up with
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the john g. leigh holding group which will bring its air taxis to china which they hope will be the future of our ben travel. it's a lot of fun and that's it for me and for the business africa team at the berlin for more business news interviews exclusive features on background stores check out our website which is supposed to w dot com slash based and do follow us all social media world facebook twitter i'll stay tuned to g.w. culture is next right after this quick look at global markets. let's. play.
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the wonderful people who. make the dream so special. truly. bad. to go. wrong. this is news africa coming up in the next 15 minutes this stable country on a cliffhanger one is the former president has shaken up the country's politics and the nation is now facing its closest election in more than 50 kids. and one is to have the giants the ones to be killed off to the lifting of the hunting bad debts of the major issues in the country.
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