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tv   Business  Deutsche Welle  November 8, 2019 7:15pm-7:31pm CET

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e.-w. the news africa with christine one drop is up up next i would have thought more world news at the top of the hour and in the meantime of course as always websites b w dot com some of the. literature invites us to see people in particular should i like to see myself as the to find strength growing up her. might object. to share work and. she does the books on you too.
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could this change the way african farmers do business. cocoa producing nations join a campaign to fix the massive imbalance between farmers incomes and the money made by commodities traders. african nations are primed to boost energy production but a new report says it will take $120000000000.00 to solve the problem of electricity shortages. and 30 years up to the fall of the berlin wall we look at the imbalances in the economies of germany's west into and eastern states as well as one of those
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struggling to communism. it was all one let's do business this could spell sweet justice nigeria and cameroon are seeking ways of jointly negotiating with cocoa buys for a better premium the chocolate industry is worth tens of billions of euros a year but some grows in west africa a poor and now than they were half a century ago. it's cocoa harvest season farmer frank johnston is gathering the fuel pods left on the farm he's renting the farm so when he gathers the harvest only one 3rd of the profits belongs to him the rest of the money goes to the owner of the farm. and. sees the price of corn is not determined by farmers who are usually the west and us
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on the cocoa value chain most of them live in extreme poverty and cannot rely on just to provide for their families johnston would need to collect more than a 1000. that's a field one bag and a bag. 446000 naira that's around $125.00 u.s. dollars after how this in the packaged exports as exports as then sell to companies in europe and america where the process the chocolates are by products it is these consumers that determine prices say is the president of the association of named chair that is pushing for a deal. and kameron to set their own floor price
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as is. the opinion that there must be. for the farmer. if he. sees. these days even bringing to the farm. a similar agri. was recently made between by as and farmers in an ivory coast together these west african countries account for more than 60 percent of the world's comports while nigeria and cameroon collectively produce around 11 percent if the deal goes through between improve living standards and we now have the pleasure of going over to flourish records to talk about this in lagos far is this the big breakthrough african farmers have been waiting for
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well it could be the big break african farmers have been waiting for they have been other initiatives in the past put in place to make sure that farmers and more but this looks like the only one that guy and he's at the farm as food directly to it so he could very much impossible even stand as not only they live in style as well also be put out of the farmers. how big just to give us an idea is the imbalance between farmers incomes and what commodity traders are well most of the money made from is made when it reaches the global north so farmers for example would sell a ton for 2000 u.s. dollars and then the export has to sell for $2200.00 us dollars so around $200.00 to french oh so there isn't much money made to be honest on this part of
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the world most of the money is made in america which is why most of the most vocal farmers are fighting for decent lives. these types of deals bred to other sectors like coffee with their own materials the beans are also grown in africa but also processed overseas. well the deal is still in its very initial stages and. it is left. of course not. only. because it's. just right now. so i think it's still too early to tell if it's will in part. thank you very much the analysis from. the
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international energy agency says african nations need to get on their horses to fund power generation and you study suggests that under current targets some 513000000 africans still lack electricity by 2030. about 120000000000 dollars each year to bring electricity to everyone. as many african nations are pledging to energy production. africa's rapid population growth will lead to economic expansion but only if there's enough energy to power it. and most countries have already failed just to keep up with demand half of all africans do not have access to electricity in many places people wait hours just for a tank of gas power disruptions are a way of life for most companies in sub-saharan africa cutting profits and slashing growth. that's why many nations are redoubling their efforts to exploit oil
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reserves just this week said it was ramping up exploration off of south africa and ghana said it was easing restrictions to make it easier for companies to do more exploration in fields in the gulf of guinea and gold as fuel agency has formed a consortium with 5 international oil companies and who gonda is in the middle of a licensing round for 5 new oil fields. some africans were exploiting fossil fuel resources over renewables but experts we interviewed say the need for power is acute. don't forget you come from europe and you look in the news the transitions africans and war read about the end of the world deal worried about the end of the month still sustainable energy projects are also moving along fast in africa in senegal when park north of the car will be connected to the country's power grid in december it's the largest wind farm in west africa and will be
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supplying electricity to 2000000 people next year. now to some of the other business stories making news. the cabin crew is striking for a 2nd day of pay most of the airlines flights from germany have been canceled for friday and he says they could be no on a fix for flights saturday. if you want to make sure you know season's greetings rich friends and family in britain on time better hurry up loyal mail faces potential strike action by its biggest union around the general election on december 12th and the traditionally busy run up to christmas. or the french to pop and stall pun time has unveiled its christmas window displays and there's a lot to look at motorized animals in zany scenes everything from turkeys making music and dancing in the kitchen to a giant hand spraying itself with perfume and mice trying to escape from the
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department store it took 650 hours to create the decorations 10000000 people are said to see the christmas displays and homes know a luxury tycoon hopes in a little lots of people into his store. the collapse of the berlin wall led to the reunification of germany but 30 years on the division between east and west remains people living in the former east work longer and less and have an overall lower quality of life. the economic differences were even starker before the curtain came down in west germany 62000000 people lived in one of the world's strongest economies in the east the population was a quarter of that and the economy only 110th as big the economic imbalance persists now one of germany's dax 30 blue chip companies are headquartered in eastern parts of best that's companies run factories in the former east such as far
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as fucking wages in eastern germany a much lower in western states the average hourly wages around $34.00 euros on the other side of the country it's 6 euros less per hour productivity is lower in the eastern states as well. this lady has been spinning in the dudek machine building factory for 30 years the company is located in the eastern part of berlin c.e.o. your one dudek has 35 employees he founded his company in former east germany in 1986 the government back then tolerated private companies because the economy needed so much help back then you 100 it did lots of jobs for the east german government but he soon realized that east germany was broke. they had reached their limit and it couldn't go on like that. and i think that one
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point in the stasi salt. no matter what they tried the situation couldn't be helped . his office is full of souvenirs spanning 30 years after the fall of the berlin wall the east german businessman inexperienced in the way of capitalism was ripped off a few times in the beginning when he looks at this picture he remembers. we finished undelivered the orders but they only paid us half of what they owed us because we heard. johann do deck experienced all the risks that business men face now after years is finally paid back alone he took out and can now afford the good life the remnants of the berlin wall a just a tourist attraction the stays is not shedding any tears for east germany. we have blooming landscapes as cold promised us just not the same everywhere but imagine if east germany went on for another 30 years there would have been nothing left but ruins. for the 73 year old dudek there's one more assignment
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finding a successor. china is imposing a curfew on its under-age game as it is under the age of 18 it out prohibited from playing online games from 10 pm until age am the new regulations also restrict the amount of time and money minus can spend on online games getting companies and platforms are also required to enforce the new regulations chinese president xi jinping as criticized video games as being harmful to children. and. lasting business or.
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environmentally conscious living. with maximum comfort. furia from tanzania is helping make it possible he started with sustainable ideas in his own home. how he's inspiring others to innovate and his invention school eco africa in 60 minutes on.
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coach a video. link to news from africa. or linked. 2 exceptional stories and discussion come on use of these each our web site d w 2 comes much for joining us on facebook. for. this is the news africa coming up in the next 15 minutes the world is reflecting on 3 decades off it 3 united germany the african journalists traveled along the border that separated the 2 japanese get their impressions. and destroyed families in book enough fossil are still waiting to receive the bodies of their greatest says they were killed in an attack on a bus transporting mindless goods. and the ethiopian jews who say they want to return to their holy land but israel.

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