intially challenge for the bundesliga title but there has to be a bit of a reality check for them that they're not ready and they need better structures in place if they're going to challenge or to reach those lofty ambitions never a dull moment going to spencer did of the sport thank you is. again al 1st house business new south africa and in just a moment more world news at the top of the top of the deck. they were forced into a nameless mass. their bodies your tools. the history of the slave trade is africa's history. in just greed for power and profit plummeted and entire continent into chaos and violence. this is the

journey back into the history of slavery. i think will truly be making progress when we all accept the history of slavery as all of our history. our documentary series slavery routes starts march 9th on t.w. . their love the dangerous and now that about how the pulse in commercial heart of nigeria is coping with a bottle of toxic bikes and rickshaws was no jarius economic hog dealing with this it sewage. coronavirus rock holds the global economy disrupting many industries travel aviation and shipping companies are scaling back operations automotive electronic and industrial supply chains are suffering as well. germany's

construction industry toughened to africa's growing potential german builders also one of the piece of the pot africa have to compete with china. is this business africa welcome to the program. lagos is one of the biggest cities. on the african continent motorcycles and try sickles vital modes of transport for as events yet since february 1st the state government has banned this effective method of transport in those areas commercial capital it's pulling the plug on a car the us as they call locally in most parts of the city there aren't any obvious alternatives to fill the gap in the public transport system. motorbike taxis have always been the found and cheapest way to get through the traffic in the mega city of lagos they're called o'connor is here since the beginning of february so condos in the city's 3 wheeled rickshaws have been banned the official reason is too many accidents it's not the 1st time the authorities have tried to get them off

the streets but this time they're serious all the drivers who rely on driving motorbike taxis are outraged. everybody is going to. stop avoiding what we do right out. and getting from a to b. in lagos is incredibly difficult without motorbike taxis in rickshaws a public transport infrastructure doesn't even exist. i think that's john speaking my mind and if you don't buy. my. dad the u.k. called all kind i did you provide an item means of transportation of all people the government has promised to introduce more public transport but no one here believes it will happen any time soon. let's go to our correspondent 1st chukwurah lego's how did you get to work this morning. well today

was a different i got to walk in and getting to walk every day is always complicated and sometimes even chaotic you can imagine a city raef around 20000000 people and a very efficient public transport system as a shuttle for people like me who leave on the mainland and walk on the island that commute should be around 54 minutes but it could take up to 4 hours because of the intense heat that's why many times before bikes. are the best option for many people it's a big traffic and safe time for the state government says the brown was for safety reasons you know it sounds a bit extreme good to be another reason behind this. well for safety reasons that's definitely one of the major reasons why they have missed several accidents on the roads because many of these right as do not use helmets on to don't provide helmets for their passengers so of course it has let's of

thousands of accidents on the roads and also for security reasons because in the past as are being used for crimes crimes but many people are criticizing the government saying that it's part of an overall plan to push out poor people from the city which also you could see in the ever question of people from small arms thousands of people rained out homeless are left with no other option that to leave this city. first took over a farce lego's thank you. china is bolstering its economy from the corona virus outbreak the central government has already freed tens of billions of dollars worth of government stimulus cities like shanghai cutting loan rates and increasing lending businesses started snapping up that cheap credit suggesting the need it made significant. cities virtually deserted

shops closed transport links at a minimum customers nowhere to be seen. with economic activity at a standstill in many parts of china hundreds of businesses are now seeking billions in loans to keep them afloat banking sources in beijing have told reuters that around $300.00 chinese companies have sought loans worth more than $8000000000.00 u.s. dollars to try and soften the impact of the crisis that comes at a time when the chinese economy is already gone through a difficult period of transition the government has already pumped more than $200000000000.00 u.s. dollars into the country's financial system to avoid volatility the president has made little comment since the outbreak began but he visited hospitals this week and talked up the government response. about let's fight this defense war this war against the epidemic with full confidence let's fight this people's war we must build up our confidence we will eventually win. fighting

talk. but a report published on shoes day by a senior member of a chinese government think tank says the outbreak could take at least one percentage point off china's entire g.d.p. for 2020 more bad news for the chinese economy which will inevitably impact the wider global economy. and some of the other global business stories making headlines today energy related c o 2 emissions across the globe flattened last year despite expectations of another rise that's according to the international energy agency more renewable energy and the switch from coal to natural gas lead to less emissions from developed countries slowing economic growth in emerging countries also played. to mobile's bid to take over u.s. mobile networks sprint is a big step closer a federal judge ruling that the $26.00 and a half $1000000000.00 deal does not fall foul of competition laws it's the last

major hurdle in a 2 year approval process team obama could now finalize the deal as early as april . germany is struggling to come up with answers to competing with china when doing business in africa today representatives of the construction industry met up with policymakers in berlin on top of the agenda how to tap the potential in the continent's fast growing markets like ethiopia. welcome to addis ababa the capital of the one of the world's fastest growing economies business is booming here and the government has been investing big time on average it has reinvested more than 30 percent of its annual g.d.p. into its economy every year a lot has gone into infrastructure like the grand if european renaissance dam it will be africa's largest hydropower down when completed and it will have cost more than $4500000000.00 china is providing as significant amount of the international

financing and chinese companies were involved in nearly a 3rd of major infrastructure projects in africa last year according to global consulting firm deloitte european firms were far behind with just 8.4 percent. that means german companies are hardly present in major african infrastructure projects but germany's construction industry says it wants to change that to get a piece of the pie on the african continent. these are the pie my colleagues as a bunch of better was at that meeting today of the german construction industry with policymakers in berlin where as they went by the sudden interest in africa and well it's not quite sudden if you've been following what merkel has been saying the last 23 years i mean she mentioned the g. 20 meeting which was and held in hamburg leave 2 years or so ago just over 2 years ago and the interest in africa of course is related also to migration for one is

one of the issues if those problems on the african continent people come to europe and that also causes other problems here and of course is also the you know going to be the most populous. continent at some point so europe has to create a strategy that sort of can tap into this growing market so obviously there are various reasons of business reasons and they also geo political ones as well as hardly only altruistic of course did they come up with a strategy for competing with china had to give them one when they know it is a bit more complex because of course at this meeting between the construction industry and policy makers it's also part of a bigger european africa year for you know europe africa relations which germany wants to really take charge on. the end of the. e.u. africa summit and that's one thing and germany is also present taking over the presidency of the european. council of europe and so that's going to be an

opportunity for germany to take charge and of course they need to be able to probably have the buy in from people from different industries in terms of the strategy that they want to go with the european partners and then of course hopefully get their you know european partners buy in and then have that strategy once they have the e.u. africa summit later this year to punish billiton you very much for this up to it for the i'm those profits have fallen by a nearly 2 thirds last year that's the devastating. admission the german comic has . to make tuesday morning the diesel crisis drums trade war and the move towards electric have hit the bottom line. time the boss all are colonias attempted to downplay the disappointing figures with comforting phrases like investments in new technologies and special expenses profits in $29000.00 was 64 percent lower than the previous year at 2700000000 euros the result

a much worse than expected if you not feelin again as it were presently on the financial results that we're presenting for 2019 are not those that we want to see in the future if. it's not enough. it's not fair to this good in proud company. name again i don't accept it and we're making new plans for the future of us of europe for hard food it's a concept but it won't be easy for the ailing car company time as electro offensive is spluttering due to a lack of high quality batteries and customers hesitating to buy and the diesel gate scandal is also partially sublime for the lackluster showing. time to spend lots of time and money on the next class pickups but production had to be cancelled due to low sales numbers. the situation is hitting diners employees hardest job and business daily hundreds plot reports that diana plans to cut $15000.00 jobs

worldwide. and that's for me and the business in hear more business news had lots of back of course on our website d.w. dot com slash business and also do follow us on facebook and twitter if you don't already do stay tuned now for news africa before vast here's a quick update global markets. thank you very much for watching.

kick off. limits to say. good to give. him a good team. filling it up with him by a label you should enjoy display. against your legs. to. cut your living.

room for. your link to a. discussion. of easy to our website w to come smart to join us on facebook. or go to. this is africa coming up in the next 15 minutes and change off the tax i'm obviously into as hard as insurgency intensified is despite military efforts president cases ses is now ready to talk with the extremists but not everyone thinks it's a good idea. and eventually as a good day nelson mandela walked out.