with me isjoel kibazo, partner atjk associates and a former director of communications at africa development bankwelcome back to you. let's start with the straits times then and the big news that president trump has called off this historic summit. well, it was going to be a stoic, it is certainly no more for the moment. what is your take on this? in other words, it is not a complete surprise. only two days ago, americanjournalist surprise. only two days ago, american journalist quoted as saying that they have all been advised by flexible tickets, ones that could be cancelled. yeah. and do the same for anyone else. what it does show really is that negotiating world peaceis really is that negotiating world peace is not as easy as a business deal. i think most of us probably knew that. it is in the paper before we had the response from north korea, which is amazingly conciliatory in its tone, isn't it? they are saying they are willing to continue dialogue with the united states at any time, in any place.|j think that will surprise a lot of us, the tone coming from north korea. the key thing is that

with me isjoel kibazo, partner atjk associates and a former director of communications at africa development banke straits times then and the

joel kibazo is a partner atjk associates and a former director of communications at africa development bank. good morning. good to see you as ever. the good news is all those e—mails that we have been inundated with by companies asking us inundated with by companies asking us to re—sign up to their data rules, they should end today, how will this impact businesses, who, let's face it, have had two years to prepare? you're right about the e—mails that have been filling our inboxes, but data is the currency of business in this age that we live m, business in this age that we live in, so it's really important companies get consent. the fear has been, will people get round to doing it? you want my consent to continue sending an e—mail or dealing with you online? we havejust been facing the data breach that we saw with facebook, that all brings it to the fore about how important data is, not only how important it is, but the fact they need our consent now for that data to be used for business. it's putting the power back into the hands of the consumer? in many ways, but frankly the companies are

european development banks are issuing loans to those who already have money strengthening the already strong now there's an investment fund that wants to combat hunger and poverty. the africa agriculture and trade investment fund for short the german ministry of economic cooperation and development invested the biggest sham forty five million euros of taxpayers' money along with twenty million from the k f w development bank and twenty million from don't you bank the funds worth climbed two hundred twenty five million euros. it invested around nine million euros in the company chhobi aggravation in zambia. one of its funds is located in central samara and is one of the biggest in the country the fund prospectus advertises that are to raises local incomes and therefore food security. the money was used to set up a large soy plantation. but here too the land was not empty some farmers were relocated. the majority of the land was forest it is being cut down. on my right hand side behind it you can see some of the natural natural bush forest that was so these particular fields were cleared from that source. and to do that to carrots and make it just ready to accept planting yo

investment drive for africa and that's right the heading to east asia to try and get in the investors eighteen nations are gathering for the start of the african development banks annual meeting today but not actually in africa and third finance development and political big wigs are gathering in south korea's second largest city but son it just realizing the african continent is at the top of the bank's agenda the african development bank president i can bumi at a siena says getting industry up and running is vital as he puts it the secret of the wealth of nations is clear you should see that and the second developed nations add value to everything they produce while poor nations export raw materials africa must quit being at the bottom of the global chains and move to rapidly industrialize well let's find out about this attempt to rapidly industrialize catherine in wonder is following this for us and she joins us now catherine the meeting is apparently in south korea because it's a great example of rapid industrialization but surely there's more to it than that yes south korea when you look back at the history one thousand nine hundred sixty had probably the

infrastructure investment bank or a i b has now reached an agreement with regional development banks in asia and africa the ai ai be initiated at twenty thirteen as a project of president xi jinping has now signed a memorandum of understanding with both the interim merican development bank and most recently the african development bank on financing of projects in a recent interview with bloomberg nor a ib president jim lee quinn said that the a.i.b. with.

infrastructure investment bank or a i b has now reached an agreement with regional development banks in asia and africa the ai ai be initiated at twenty thirteen as a project of president xi jinping has now signed a memorandum of understanding with both the interim merican development bank and most recently the african development bank on financing of projects in a recent interview with bloomberg.

infrastructure investment bank or a i b has now reached an agreement with regional development banks in asia and africa the ai ai be initiated at twenty thirteen as a project of president xi jinping has now signed a memorandum of understanding with both the interim merican development bank and most recently the african development bank on financing of projects in a recent interview with bloomberg inaugural a ib president jim lee quinn said that the ai ib will not try to be a clone or copy of existing institutions such as the world bank or asian development bank and would distinguish itself by resisting bureaucracy and corruption mr lee quinn also repeatedly emphasized his view that while the b. and the one belt one road initiative are both chinese proposals belton road is a chinese led initiative while b. is can see it as a multilateral development institution. russian president vladimir putin freshly sworn in for a fourth term on monday says he plans to make russia one of the top five global economies by twenty twenty four russia's economy currently ranks wealth in size analysts say the russian that r

in germany look around with great thames and with great interest on the development of the daughter bank lake victoria is africa's largest in land body of water but the fishing industry there in struggling to survive after years of overfishing pollution fisherman hole in mostly empty nets and most of the processing plants have shut down but one kenyan startup has set its sights on recovery with fish farming combined with fresh deliveries throughout the country. this fish took to his arriving in nairobi with a delicacy that was never so freshly available here. it's brought a lot of tilapia four hundred kilometers from lake victoria and. a new type of cooling box in the took took some cargo hold makes it possible. for what we had we had to. use the back kind of basket. from day one i would get from it and then again we have to look at napa maybe can be free and i guess i am a macro you know we're rushing because one could get good credit maybe we can fetch . the fresh to live here comes from these fish cages on lake victoria. five years ago just off the island danno brother and sister team gilbert and michelle begu

gordon: the world bank and regional development banks from asia to europe and africa. ahead with a number of initial geithner contributors. we do -- geithner conservators. we do not need to wait for every potential contributor to say yes. just as we did the facility for vaccinations and m&a's asians, you may know -- immunizations, you may know the success we have had, 5 million lives saved, we did this in the same way. we asked volunteers to come forward. it started with six, then went to 10. and we have more now. this is the way it will work him a voluntary conservations, donors asked to be involved. if people choose not to be involved, it means we have one less contributor, it is not a veto. shery: what about the young people themselves? gordon: we see people speaking out, the kids in schools in america after the gun tragedy, so impressive, but in india young people have also come together. there was a huge march to oppose child marriage, and it say that every girl should have the chance to go to school. now we have a next her 1.5 million signatures, they have come f

>> the world bank and development banks from asia to europe and africa are supporting this proposal.talking to donors. where talking to european and andn donors, american, canada. the good thing about this is it can go ahead with a number of initial high near contributors. we do not need to wait for every single potential donor to say yes. lisa: that was gordon brown. a 92-year-old comeback kid and his likely successor who needs help getting out of jail. we will dive into that crazy week that was in malaysian politics. from new york, this is bloomberg. ♪ >> and in the first word news. the promises go injury -- industry of getting away with murder. -- most of this can be done by executive action. acknowledge these are problems that we have to deal with. a lawsuit challenging u.s. border practices of searching computershones and without warrant has moved forward. cinnamon requires lots for smith to obtain warrants the russianhes foreign minister says he is concerned about situations have come to a dead in between palestinians and israelis. lavrov pointed to what he called alarming atte

infrastructure investment bank or a i b has now reached an agreement with regional development banks in asia and africa the ai ai be initiated at twenty thirteen as a project of president xi jinping has now signed a memorandum of understanding with both the interim merican development bank and most recently the african development bank on financing of projects in a recent interview with bloomberg nor a ib president jim lee quinn said that the a ib will not try to be a quota or copy of existing institutions such as the world bank or asian development bank and would distinguish. itself by resisting bureaucracy and corruption mr lee quinn also repeatedly emphasized his view that while the b. and the one built one road initiative are both chinese proposals belton road is a chinese led initiative while he is conceived as a multilateral development institution. russian president vladimir putin freshly sworn in for a fourth term on monday says he plans to make russia one of the top five global economies by twenty twenty four russia's economy currently ranks wealth in size analysts say the russian that russia'