to see what else already say they're trying to break up the network. that's all from a news team for now, but stay with us because as of right, chris, cobra will be here with the business update and then look on. is there a reason, a plans for career energy for more news? there's always our website that as of course, the w dot com. thank you so much for being with us. the votes people have to say the that's why we listen to based on the reports. every weekend on d w, the interest, the global economy portfolio dw business

be here's a closer look at the project. to analyze the flight for market dominance. with dw business beyond the board, charging stations for a country struggling to meet its e mobility tarts term and transfer. all of shaw says it's fine for a massive expansion of electric vehicle charging points. we'll hear from our correspondence at the i a mobility show in munich was to make of the and also i'm the show with the african time at summit on the way and kenya will hear from the vice president of the european investment bank. what one of the biggest lenders on the cabinet brings to the meetings type? of course a couple of items of over

a well of salts has calls for german car companies to quote de risk to protect germany's flag and car industry. it comes as the german chancellor opened the i a mobility trade show in munich and comments addressing fears of a competition with china. and mister shaw said german companies should diversify their supply chains to avoid dependence on specific countries. here's what happens to the i'm and, and forgotten india. over the past years we've all seen how quickly political and economic challenges can become massive in the circle of economically strong democracies. the g 7, we've collectively decided to face these challenges with determination and measured action items all through the risking rather than the coupling midst minutes. the coupling. it's not a mountain trapping, longstanding supply relationship. so exiting growing markets, but at the same time we're working together with your company is to diversify and risk you dependencies in strategically important areas because you are paying his

cards and incentives to be sticking vice and then also much for the bigger picture that the transfers painting there, but how does that translate into bringing e mobility forward at home? well, the transfer said that in the coming weeks, germany would become the quote, 1st country in europe to introduce a law. requiring operators of 80 percent of all surface stations to provide fars fast charging options to charge electric vehicles. now our corresponding christie plots and is immunity for us. christy is having enough charging stations. the biggest problem the germany needs to fix when it comes to e. mobility. all right, chris, well i would ask you and our viewers to imagine that you're an average german person living in a relatively well populated neighborhood. and you look out at your street in the evening and you see your street is lined with cars. now imagine that all those cars are supposed to have electric engines, and most people will not say that they currently have charging capacity for that in

their neighborhood. so this is certainly a major concern for people when they consider whether or not to adopt an electric vehicle. but it's not the only one. there's also the high price tag associated with most ease uh, the fact that the delivery times are currently quite long as well. and in general, the car market is in kind of a swamp, whether you're looking for an e b or not right now. so there are other factors at play as, as well kristie. we all know that the mobility is the name of the game right now. but even as electric vehicles have become more popular in the past, car companies have still been using these gatherings. but you are, for example, to show off the latest and conventionally powered cars. what's there on display and how important it is that the manufacturers right, chris? well there is actually not a single diesel engine car on display uh, at the trade fair this year. uh, i 1st walked around noticed, okay, i'm not seeing any, but then i actually found out later that uh, the organizers of the event the va said that they do not want any diesel engine

vehicles on display at the event. so this is definitely, i guess, a strategic a stance that the organizers are taking a real, a real stance or taking about what the future of mobility is going to be in dvd, of course being the association of the car producers in germany here. now this has, i'm ability, fair, where you are in munich. what are the ways of getting around in a sustainable fashion? are there on display there besides cars? right, well what i can say is where there are no diesel engine vehicles are certainly plenty of the vehicles, not just car. ours are also seeing e mail, pets, e motorcycles. this morning. i spent some time in the city center where there was a much more of the traits are open to the public. i was testing out there uh, a bike that was something of a cross between uh a car bike and a racing bikes or really lightweight, sporty, uh, cargo bike. and there were plenty of other bikes on display as well,

scooters as well. so um, there is certainly much more on display than just standard vehicles, uh, buses, camber cars, anything you can drive, you've got it here with an electric engine, basically the w correspondent, christy platinum unit. christy, thanks and not to some of the other global business stories making news, quanto c o l and joyce will exit the airline 2 months earlier than planned. as the australians carrying deals with criticism for expensive we are fairs, mass delays, and mistreatment of workers. quantas has also been suited for allegedly selling tickets to thousands of flights it had already cancel. joyce will be succeeded by vanessa hudson. the 1st woman to lead 0. the maker of weight loss truck, legal v, has become europe's most valuable firm, with a market valuation of 400000000000. yours shares, denmark's noble nor desk rose after the drug was launched. and the okay. recovery

is an obesity treatment which tricks people into thinking. they are already full. so they end up eating less workers to chevron l n. g project in australia, applying a total strike for 2 weeks starting mid september. it would be a significant escalation of an ongoing dispute overpaid and conditions. australia is the world's biggest ellen, g exporter and worries about long term disruption, has stopped volatility in natural gas. hundreds of young environmental. this took to the streets of the canyon capital, nairobi, demanding action on climate change. as after done as the applicant, simon climb, its summit kicked active as called on world leaders to reduce taxes and increased subsidies on renewable energy like solar, demanding africa to transition to renewable energy. the 1st african climate summit opened with heads of state and others, starting a stronger voice on

a global issue that affects the compound at a one point. 3000000000 people the most, even though they contribute to products. here's what's canyon president, william, brutal. that's how the energy needs with india, the resources, the continental us, and not potential to be entirely self sufficient with the job. so 0 time, a sustainable by of us and hydro pump. you know, we can be a green industrial. how that helps other regions a t that net 0 stretches use by 205010 new president willing brought how speaking they are now. they are seen. investment bank is one of the biggest lenders to african climate projects. my colleague and brussels christine would want spoke to the vice president of the e i, b thomas s for us. she asked them what the d i b is bringing to the table. at the

summit. you will see the investment back as you know is the, was the largest most lots of development bank. so under the heading of the ib global, we represent the, the european union financial on here tonight over today. and it is a very important meeting, the summit of african leaders, african business, european, the governments, and the development banks. and we are at the climate bank. i think it's very important active employment investment in africa that we've got a points house that africa has an abundance of natural resources. see it. if you look at what the continent gets in terms of the global share of energy investments, it's only guessing 3 percent. what do, what do african countries have to do in order to attract more investment in this real gosh, that's

a very important question. and that is for the debate to the game. united roby, i can illustrate what we could do together by pointing out that the yesterday i had a very productive meeting with president due to the organizer and host of these massive conference and the 3 topics throughout the nor corporation. first of all, investments in the energy we've been partnering up with can yeah, for many years now, we're looking at how we can increase geothermal renewable energy to see to that. it also gets the lat mine out to the communities. secondly, how to use the renewable energy to create those green hydrogen in the future. very important step for africa and for europe. so together with the commission president lucifer was left on the line and president due to i today joining them to sign the our support to the green hydrogen rosemont certainly investment, how you're using the green energy present through to an i a discussed at the very

interesting investment in electricity as buses, electric buses, even though it will be wrapped it boss transport that can revolutionize the way the people move in the congested city on i o be in a green way. so i think these 3 things shows always what we can do with other countries in africa. i guess my final question is, um we as a global community, we've set out to achieve what we call the sustainable development goals. and we know we've, we've already been told that we're not on track to, to accomplishing those to reaching those milestones. and i wanted, um, what do you think that that is down to, um, of course we, we are having a conversation now where you're having this time. it's some, it's on the continent that is producing perhaps the least to the problem. and we have a lot of talk in terms of the historical images, but sometimes these financial commitments don't follow through how we're going to

get back on track as a global community to achieving the sustainable development goals that we set out to to accomplish. i think the conversation the night will be shows a way for what i mean is easy to forwarding professionalism and start to think about that the decision on sort of a problem that is not i think away for school. and then what i've seen here around the african leaders and into debated and then i will be, is a growing optimism that the could be in transition can really be the starting point of new, much stronger economic development on the african continent. i mean it's, we had this conversation 10 years ago, renewable energy was still very, very expensive to predictive and not competitive. today with new technology, solar and wind and thermal, the prices have come down dramatically. we have a new situation. if we do not use this to invest in the future,

we will regret it very badly. so the size, but i would like to see it as a starting step for something big that we can do to you. all right, tell us us trust the vice president of the european investment bank. it's been good having you on the w business. thanks for your time. i think is my colleague christine, one of our reporting there. and here's a reminder of the top business story. you're following for you at this hour. german transferred all of shaw size calls on german carmakers to be more competitive. speaking at the i a mobility show and munich, you also announced a new law meant to increase the number of fast charging stations in the country. that's our show. thanks for watching. chris kolber and roland have a successful the

garbage stems in the main news stink of trash and corruption. the countries waste management industries approved with problems and trash, assembly sausage on pipe. but even the model projects does need to be you stand, it's now showing which fund waste it shows up next on d, w. young entrepreneurs from nairobi, us struggling to keep their businesses applies to out you up with somebody, a difference, somebody a i could afford to spend most of the cost of living has gone so high. the young night will be and have the side of the city is no longer going to break that has so they're moving away from the state. it may be cheaper to quit for the 77 percent and 60 minutes on dw very wants to know what makes the janet

justin loves bill on binding thing step away from the fund. i'm not even allowed to go to my own car and everyone was later holes in every single day stuff. getting you ready to meet the gentleman enjoying me. right. just do it on the w the . so that's all i don't know. are she always not to be there a to a lot of the things but you want to that's why it's a man. no, it should be the commission and they'll dare to say what their project is successful or not that we don't have the success of a project is evaluating just decided assessed by members.