been in under $200.00 days so. this is the w. news and here's a reminder of all top story u.s. presidents donald trump as been rallying supporters in washington as congress prepares to certify joe biden's election victory and a last ditch effort to overturn the results trump is pressuring his vice president to contest results in a handful of states. as it from me and the news team for now don't go away soon bitsy as your business news updates just after the sense of. what secrets lie behind these walls. discover new adventures in 360 degrees. and explore fascinating world heritage sites. p.w. world heritage 360 getting up now. in the.

climate change. it seems people. want to do years do they have for their future. g.w. dot com they go cities for the meeting. click contact or. is africa on the cusp of a car making boom a new trade pact across the continent could open up the market for domestic and foreign automakers alike. also the show will make a mess will be the mexican nurse starting her career all over again in germany and during a pandemic no less. glowing welcome to the show i'm stephen busy in berlin it's

good to have you with us. well after this free trade area officially launched at the turn of the year in name if not fully in implementation that's because it could take years before countries fully drop tariffs and create a common market and the potential is however significance the world bank suggested enter african trade could increase by some 80 percent once tariffs are lifted the one sector that could benefit from lower market barriers is the auto industry and there's plenty of room for growth that currently just $45.00 out of every $1000.00 africans own a vehicle that's well below the international average of over $200.00 motorized vehicles per $1000.00 residents. currently the auto industry on the continent is still mainly concentrated in south africa almost every 2nd car in africa is manufactured here. many german car makers like mercedes v.w. and b.m.w. have plants in south africa but there is more room to expand in 2019 almost

900000 new cars hit the roads in africa that could rise to 3000000 in 2035 according to the german association of the automotive industry that's a group of almost 350 percent of the german and african car says the asians want to collaborate to create the conditions for this expansion by encouraging investment and uniform standards across the whole continent that would help asides german companies hope for more sales opportunities african countries hope for new jobs cheaper or better quality cars and the opportunity to build up their own industry v.w. has already started with investment in local plants in kenya rwanda and gonna but there's still a long road ahead. or a day of coffee is c.e.o. of the african association of automotive manufacturers and he joins me now from johannesburg hello dave thanks for joining me

a long road ahead as we just heard in that piece this free trade agreement when it slowly comes to fruition that offers a lot of promise what is the biggest thing however that the automotive industry in africa needs before that comes into place really. i guess even it's important that we implement motive policies and eco systems. and this is a journey which we need to follow so we believe that we will implement and we work with african governments to shape and implement policies and make assistance to unlock the potential of industries so we focus on working with african governments like on and on implementing the policy in march and that will evolve to other african countries. egypt and not geria hopefully and develop a policy there and that that policy is very important because today if one just dropped all tariffs areas one hasn't created

a democracy might emerge off and that's because it will benefit because they haven't just you know it one needs to develop africa create take a system that creates the dumond and they have all will support industrialisation then your organization recently announced a partnership with germany auto lead automotive manufacturing association the b.d.a. what does that give you. so whilst we focus on policy development the d.d.a. will bring significant support in that in providing expertise in the lots of drive train and fuel solutions of that and much proven track record a status will solutions as well as resources and a very strong network to helping us jointly develop the auto industry we talked about car ownership levels in africa and it's much lower compared to the rest of the world is car ownership really the right model for the african continent or could something like carsharing also be a very viable model. to be honest is that the

thing across africa is still quite important to 2 people living in africa so they no doubt will be easily caught sharing but there will be a hybrid model on what's very important in in developing the industry is affordable mobility as a whole so one can other unshared will use the other side one needs affordable finance in any of those models one needs to be able to buy go with affordable finance and it's not available in many african countries and it's often not affordable and that's what the key to unlocking that and i do think development finance is needed jackie you can start that was the sponsor lucian's in the whole financial value chain but one other part of what mobility is is a huge cost you know today use because occupy more than 80 percent of new vehicles so in many cases is cause or not road with the so that needs to be

a result all right our vision is that our vision is ultimately that's all you see all 2nd hand costs sold on the continent must come from giggles that were a symbol of the negative press this whole it the system and even those 2nd and cause or say need all right have a vehicle as a base financing provided as it were they think i already know i think we would want it we're going to have to leave it there right now dave coffee c.e.o. of the africa association of automotive manufacturers thank you very much and. well the european union has given the green light to the moderna kovan 1000 vaccine it's the 2nd jab that the e.u. has approved as europeans look to accelerate covert inoculation efforts and the e.u. has ordered 160000000 doses of the more down to vaccine we asked our correspondent chelsea fleming for her thoughts on the approval she says couldn't come fast enough . here purple of them is a big step forward for the e.u.

and its plans for vaccination it also comes amid a very urgent backdrop and many e.u. countries where coronavirus cases are are still searching hospital systems are becoming overstretched and we're seeing lock downs extended to try and contain some of these outbreaks it also is the 2nd vaccine that the e.u. has approved the 1st thing of the biotech pfizer vaccine that's been in limited supplies that we have seen the e.u. really fall behind other countries like the u.s. and the u.k. in terms of getting people vaccinated because we don't have to supply this approval of madonnas vaccine will help to and prove to supply us that it's ordered about 160000000 doses of this vaccine but we've heard from public health officials that they expect supply to remain limited for the next couple of months so it'll be several months until we see a broader portions of the population really being vaccinated. financial correspondent chelsea delaney there in frankfurt and staying in europe shareholders

to we have voted to let the german government take a stake of up to 25 percent in the struggling company or the firm is in line for the 2nd major state bailout in germany following airline and shows the continuing crisis brought upon the tourism such a by the coronavirus pandemic. at last some and sandy beaches and finally the ability to travel again millions of people are longing for a vacation travel operator 2 years longing for paying customers for flights to resume dimension. which people want to travel the pandemic doesn't change the on the contrary. 2021 will be a transition year and then tourism will go back to the success story that it used to be for. but don't expect a real holiday joy to return quite yet for the time being the company's being supported by 3 government aid packages. 2 years getting 4300000000 euros in support

of the state is now a major shareholder in the company. one condition for state support was the private shareholders have to contribute as well russian billionaire alexy more dash off is planning to buy at least 120000000 euros in new shares. small shareholders are relieved about the rescue package but overall they're critical about state aid is the theme of an event the only companies that ensure the supply of daily products to supermarkets are considered key sectors holiday doesn't fall into that category so to use an considered essential to the system. needs the stamp of. as long as it's receiving government support too he won't be able to pay out any dividends bonuses to managers are also limited to you will need state aid until regular travel resumes. a quick look now at some of the other business stories making headlines. norway is the 1st country in the world electric cars account for more

than 50 percent of new registrations in 2020 according to figures published by the national information council for road traffic the country's making headway in electric mobility thanks to heavy subsidies. saudi arabia will unilaterally cut oil production by 1000000 barrels a day next month it's a surprise move signaling the kingdom's concerns about the global economic recovery from the coronavirus pandemic. and in the grip of that pandemic germany is of course in desperate need of nurses like other countries the health ministry wants to recruit several 100 of them from mexico through. the mayor of the german town of humbug welcome 12 mexican health workers to their new home it was a great day for song your pet is she left her home in mexico city and headed to the german state to resign and she'll be working as a nurse at the university hospital there 1st a guided tour of the town in the pouring rain arriving just a few days ago she's soaking in the new surroundings and the bad weather.

soon it's cold but it's lovely very lovely sandra sonia is 42 years old she worked as a nurse in mexico for 20 years a job without benefits and few prospects sonia worked 18 hour days for a monthly salary of around $500.00 euros now she's hoping for a fresh start in germany. where. it's definitely a challenge for me to learn a new language and to live in a different country but i'm here because germany offers people in the health sector more guarantees and security people like me. sonia works in the hospitals neurology department there are 26 beds on her station despite her qualifications she has to start as a nursing assistant 1st she has to get used to the system and speaking german her colleagues give her lots of support. actually speaks german pretty well there's

still a bit of a problem with the technical jargon but if we do have a problem we just use google translate to form committees that's what i am and that's not sonia took a german language class in mexico and learned the basics to prepare for her new life in germany now she needs a language certification so that she can work as a nurse in saarland. but the covert 1000 restrictions are not the best conditions for learning a new language. is it not so there are methods like pair exercises or group exercises that we just can't use it's mostly classroom style these days. there are lots of situations that are hampered by language but the staff at the station a really nice and patient. need don't get told the sun your hopes she passes her language test in march she says germany is safer than mexico another

reason why she had no problem leaving her home to make a new beginning at over 40 somewhere 10000 kilometers away. well that's it for me and the business team here in berlin as always you can find out more about these and other business stories online t w dot com slash business checks on facebook and twitter so what's this washed. into the conflict zone with tim sebastian. china is roiling the west and europe for long with the u.s. and many countries face pushing back as you sure are a growing list of human rights concerns including homes new security law all my years this week to beijing is one cool yallop wise whose country for so many fights

these days from where of a new movie conflict. in 60 minutes. of guy you don't need to keep a lot of people over for over direction home the 4th time for the most recently that we can but. the bottom of the valley is at the last dragon as word has called the hard 23. 03 books on. business do you have any news africa on the program today chaos and con just stand at a keyboard and post thousands of zimbabweans wanting to get into south africa have a strand of at the border they've been bait for days. and clear in cameroon and head off next streets to african nations football championship.