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tv   Business  Deutsche Welle  December 6, 2019 6:15pm-6:31pm CET

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in america house america 1st official physics of the form auschwitz staff come from poland talking the 10th anniversary of the foundation in charge of preserving. our streets from the nazis largest death camp during the 2nd. visit bed with stephen because they is next i'll be back at the top of a good day. in puzzle yourself it's not easy to go to another country you know nothing about my book i don't do this because we can't stay on venezuela i'm not i don't know the play that. closely global news that matters d.w. made for mines. was the speech of his life perhaps his best certainly his most difficult chancellor helmut kohl and addresses the people of east germany
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shortly after the fall of the wall. the crowd clamors for eternity journalist peter lundborg was at the scene. 30 years later he looks back on the type of interesting. stories december 19th w. . oil cartel opec is cutting production to boost prices are members really on board we'll look at what the decision means for africa's largest oil producer nigeria. also on the show more worries about the safety of ride healing services as over of deals thousands of sexual assaults on both passengers and drivers. and we'll go to senegal for startups in creative solutions are center stage at the car digital show now they just need someone to back up. this is your to do. business africa report
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i'm stephen beers in berlin thanks for watching the opec oil cartel and its allies have agreed to cut production by a further half a 1000000 barrels a day that's the equivalent of half a percent of global output the aim is to bolster prizes as the global economy slows the compensate for higher output from other producers if the existing cuts were already hard for many smaller opec members and the new ones don't appear to be going down easy. saudi arabia and russia call most of the shots when it comes to opec and its allies it was their oil ministers who opened friday's meeting calling 48500000 barrel production cut despite plenty of disagreement from some smaller producer nations the big players got their way in the end. all opec members want to see high prices for their oil but there are regular disagreements over how to distribute cuts between producer nations some countries like iraq and nigeria are already producing more than previously agreed saudi arabia has reportedly
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threatened them with a massive production surge as they don't stop cheating but if there were tensions at thursday's meeting ministers were unwilling to show it publicly on friday. you tell me what was the biggest. question but at one point even the angolan oil minister whose country has complied with its production cuts left the meeting last night and apparently said he want to discount free to quit opec though he later returned. there is little surprise that a deal was finally reached but it will be interesting to see how the cuts are distributed it's expected that opec will shoulder more than 2 thirds of the 500000 barrel per day production cut with russia and other observer nations taking the rest. is a research analyst at 4 x. time and joins us from london thank you for joining us 1st of all with these cuts what do you see as the consequences for african nations. thank you for having
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me this evening and this would depend whether to cults results in a sustained increase in oil prices personally i think the agreement is largely symbolic even before this opec was cuts in production for beyond the $1200000000.00 agreed so today has just simply made this of fishel us all off into a producing nations i think there should be more focus on the fact even though opec is coal production or prices all mostly influenced by the months i dynamics in the form of u.s. china trade developments on the thought u.s. show production continues to rise. now nigeria has has not really complied with those cuts they were in place before do you expect the country to adhere to d's new cuts. you have to look at $90.00 as economic fundamentals 90 percent of. earnings all earnings and some percent of revenues come from or so does the risk what nigeria see and that is of the coal production doesn't result in high oil
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prices this could impact the nation does come in the under votes to such a recovery and so far i guess it's calculation has been that the prices haven't risen enough to merit complying with those cuts at this point is that fair to say. yeah well we just need to look at my injuries you can get fundamentals i agree with the statement now saudi arabia has says says that it wants become less oil dependent do you believe that's an option for african oil producers such as nigeria . i believe this is a case no we have to look at what niger has been doing a little posture is this going to nigeria is still a population of over 200000000 and if you look at economic growth during the 1st quarter was actually 2.33 percent now both in the nun or sector was about 1.5 percent which continues to show that nations she tried to diversify was speaking about population has 200000000 people. agree coachella at leisure was able to
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take advantage of a shift from population agree culture could be a form of diversification and tourism as well leisure has very important sites but photos and to become reality that needs to be more infrastructural placements in place such as bode's and tricity and of course nigeria has been struggling to get out of recession and recent months. joining us from london thank you very much. thank you. new ideas for african business look no further than senegal where the dakar digital show is in its 4th year new start ups and clever solutions are front and center and all are looking for that magical looks or investment. for the car digital show is brimming with ideas and creative solutions africa is in the process of developing into a global hope for startups entrepreneurs find plenty of opportunity to fill the gaps in public services with their ideas and projects people like maxie mehndi
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who's exhibiting a lamp paradise solar a charitable recycled computer batteries. according to the world bank $1300000000.00 people don't have access to electricity and at the same time $14000.00 tonnes of batteries are produced and thrown into the environment so we designed a solar lamp which would allow young people who live in areas with no electricity to do their homework after dark. the poor fellow devout and father who bumble africa's future belongs to the startups something western investors have finally woken up to last year investments in the sector quadruplets to almost $750000000.00 and expos like the one in to car are seeing visitor numbers soar. i mean the 1st year in 2016 we had a little less than 800 participants in the following year we had 1500 last year we had more than 2500 and this year over 3000 with more and more exhibitors every year . look let me. see the majority of african entrepreneurs develop ups with
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a focus on finance energy supply health and agriculture. how safe a ride sharing apps earlier this week several women in the u.s. filed lawsuits against lift over sexual assaults in cars affiliated with the company now rival has revealed how many reports of sexual assault it's received in the u.s. in recent years and the number is considerable. its report made for some sobering reading there were more than 3000 sexual assaults recorded last year 235 of them were of rape this out of a total of 1200000000 journeys 99.9 percent of which was keen to point out which ended with that recorded incident the report which covers 20172018 is the 1st of its kind and comes just 2 weeks after it lost its license to operate in london after drivers using the app were found to have fakes their identity. and it's not
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just their rifle lift is also facing pressure over its safety record earlier this week 19 women filed lawsuits in san francisco related to sexual assault or rape that happened in vehicles affiliated with the company. whose hands touch we had woken up to him actually groping. both lift and super have increased screening and background checks for drivers. lift has also pledged to release the safety reports of its own but experts say sexual assault often go under reported and that the problem could be far larger in scale than the figures suggest. and let's take a look now at some of the other global stories making business making news 3 people are dead and many are feared trapped after a 6 story building collapse in nairobi the kenyan red cross says 11 survivors have been pulled from the rubble building collapses are common in the kenyan capital
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where housing is in high demand and unscrupulous developers often bypass regulations. south africa's ailing state power utility eskom has implemented the highest level of electricity rationing to date after its coal supply was damaged by rain. rates 95 percent of the country's electricity has a heavy debt burden and is reeling from years of corruption and mismanagement. and it's off after an initial hiccup space x. has launched its falcon 9 rocket it's destined for the international space station the cargo is rather diverse on board a 40 genetically modified mice as well as christmas presents and fresh fruit for the lab 6 member crew. madagascar continues to fight widespread deforestation a possible solution is charcoal pellets made from plant matter that is if islanders can figure out an efficient way to produce them. here in florida nona
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a small town in the highlands of madagascar a nonprofit organization called the hana is running a training course on bio char a charcoal produced from plant matter the residents collect dry grass and leaves press them into pretty dug holes in the ground and carefully light them then they seal the hole to cut off the air supply so the biomass can slowly undergo pyrolysis char rice husks can also be used they char in this pit for 12 hours with a restricted air supply so seaboard looks good but the waste from the rice harvesters charred nicely we can empty out the contents now to process it. our not leaves them. to make pellets and bearcats from the charcoal dust they add diluted clay to the biomass to glue it together so they can needed into bio char it's a far better fuel source than wood it burns 10 times longer. than. people here in rice several times
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a day the residents used to spend hours gathering or cutting firewood for cooking the best way to burn bio chars in special clay ovens protected from the wind on the way home as son teaches the residents how to make them the women are already using the ovens to cook at the school a stove like this needs just a 5th of the fuel and by using bio char instead of would the embers last even longer. but old habits die hard winning people over takes patience despite the many advantages of the bio char burning stove. what do you all know music saves a lot of fuel used it would. like look stays inside. here the team is testing a new machine that can help them produced by a char so it's designed to press and compact the bio mass in the cylinders more effectively them by hand but it doesn't work as well as hoped cooling for love you
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have to clean it out every time you use it. so the machine needs to be optimized and that will take time for the moment it's still more efficient to make the bio char by hand. and that's it from me and the did business in here for lead you can find out more about these and other business stories a lot of dot com slash business be sure to check us out on facebook and twitter i'm stephen there's a thanks as always for watching. what
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secrets lie behind. discover new adventures in the 360 degree. and explore fascinating world heritage sites. world heritage 360 getting out now. i'm not thinking out of the gym. just sometimes around but mostly i'm nothing which has never been the germans digs deep into the german culture of looking at the stereotype quirks and idiosyncrasies
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of the country that i not. yet you continue to take for this drama there you go it's all about their new i'm rachel join me from the german from d.w. post. this is news africa coming up in the next 15 minutes the gambia still reeling in shock the government says it's sending a team to mauritania to investigate the dead dozens of migrants who drowned that scene in one of the deadliest such disasters this year. and building the proof houses for cheney lagos and local offered to explain cooling design. a mass grave in berlin. auschwitz.

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