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You can do to improve your health. State use. The bumpy road to industrial transformation. Joins the race tomorrow with the countrys 1st car manufacturing project. Experts say Corporate Leaders could prove Global Growth whats holding them back we talked to. A global spillover from the u. S. Chinatown just give material. Banks. And shipping shipping in the summer heat from. Africa complain about the price of. Africas becoming more selfsufficient another has joined the race to industrialized parts of the continent. His 1st attempt at producing vehicles. Have to take on the global auto giants 1st slice of the huge african market. This is one of ugandas biggest innovations since independence over 55 years ago. The 5 seater has been made by young ugandans. There were days when were just in the loving you know there was nothing yet on there and but the day that come of it i think fighting for us to know that we didnt just have. One now confident enough that we can inspire and that its possible to make things in uganda. It is ugandas 1st come on foot starting project and funded by the government the young people behind it are the face of a generation that the government hopes will drive ugandas economy 20 industrialized part we believe that uganda actually has a lot of you know innovation potential if you look at the statistics we have the top into premier ship 20 percent so with all of that innovation and the excitement and with all the education that is going in its only it only makes sense for us to sit to have more technology called buses that are really showing what people are capable of as a nation. Industries contribute less than one out of 10 to goodness g. D. P. But the government wants that figure to double. Exports advised that for that to happen jobs must shift from peace and she had. 2 factories. 78 percent of all people involved in agriculture and that is informing the debate as to where money should go and i think that is wrong. Or should be happening is we should have less people involved in agriculture which in turn means commercializing mechanizing all these the operation of this then you leave those days to come and the World Industries and so forth across Subsaharan Africa industries face challenges such as limited skewed workforce and the high cost of borrowing. The influx of cheap goods from Foreign Countries and the end of developed Public Infrastructure horris a problem despite what appears a bumpy road to africas in this year transformation. Innovators like ugandas key reporters are resilient and optimistic that africa can catch up with the developed world. Experts say female leaders boost the bottom line a company could add to Global Growth and its so much easier to set up your own business in this digital age so why is founding still a mans game here in germany in particular if you take a look at the numbers they were Getting Better if not very slowly around the turn of the century women had found it just over a 3rd of companies registered in germany and since then that number is credit up to around 40 percent of germanys tech startup scene is a lot of only around 15 percent of innovative firms founded by women in france its a bit better 20 percent in poland the best in the e. U. 24 percent difficulties catching the eye of venture capitalists is one of the main complaints with their folks martin is on the executive board at the Business Software maker s. H. P. And can tell me a lot about breaking through the Glass Ceiling but 1st of all tell me whats wrong with brothers Tech Startups e well look you know i think that when we look at the opportunity here it the opportunity is really to bring diversity which essentially brings innovation into that Startup Community and i think women in particular encounter some challenges and sometimes its an unconscious bias in the narrative women tell us that they dont have role models in the tech startup area they tell us that they arent able to find mentors and the narrative is with men how are you going to win and with women how are you going to prevent your south losing and then as you said earlier you can see that reflected and have enter capital is allocated you know what is the problem is it is it still a boys club amongst these venture capitalists i think its a multifaceted issue and i think it stems all of the way back to education and the uptake of. Subjects specifically when relating to high Tech Startups for young women so its a multifaceted problem all the way through starting with education how are you trying to change siri question thank you but i still were trying to change things using our Startup Accelerator called a safe. And we have a program in that called beyond boundaries we announced it in january 2900. 00 and the idea if for us is that 52023200 off our startups will be startups that represent inclusive entrepreneurship so entrepreneurs that represent underrepresented minorities today and weve already off to a tremendous start we launched in january weve 21. 00 startups right now and 18 percent of our addressable funds are already going to those startups compared to 10 percent in the v. C. Community give me some of the ideas that were going to come well look its incredible the range of ideas were going from education to hiring to managing the chains on product provenance to actually managing supply chains we have women whove joined us today and from egypt from malaysia who flown into this except a writer so the breath of ideas is incredible it sounds very international what what is how does europe compare them to say asia youve worked in asia as well is there a sense of change there i know some countries like japan and were struggling to get women here well i think you know asia is of course not a homogeneous environment and every culture is very different to japan as you rightly point out has struggled to get women into the into the workforce but china on the other hand has a very strong representation of women i think heading back from the time when women were seen to hold up half the sky so what would you say to women trying to set up a company or sort of a tech start up i think to recognize that theyre obsolete we are opportunities to be successful that there are programs like i say piece i o. Program that will support to the thought our mentors about. Able and if you have a great idea you must be tenacious in pursuing it what made you so to nations what made me so its an ace oh my gosh i guess just the opportunity that i could see with the row that i have the privilege to have to make a difference there thank you very much for coming thank you so much ben fuses spreading over the worlds Economic Outlook investor is dumping stocks and running for safe havens like bonds and gold official rate cuts from 3 Central Banks also show how trade tensions a shaking confidence in Global Growth. India the country where gold prices have soared to an all time high it was one of 3 countries to take markets by surprise on wednesday the Indian Central Bank cut its benchmark rate by 35 basis points more than analysts expected. But india wasnt the only surprise for investors Thailand Central Bank unexpectedly lowered rates for the 1st time in 4 years and the reserve bank of new zealand cut the benchmark rate by 50 basis points to one percent the lowest level ever this series of rate cut decisions could be a sign the u. S. China trade war is taking its toll and central bankers are trying their best to avert recessions cutting Interest Rates makes money cheaper to borrow and that generally boost spending where Economic Activity may be stalling. Some analysts say it may be too early to cut rates despite the Global Economic slowdown as it leaves Central Banks with fewer instruments to spur expansion if economies do take a downturn. Well despite that trade war us china and dozens other nations have signed a landmark mediation treaty in singapore the pact allows parties involved in International Commercial disputes to carry out mediated settlements in their own courts an avenue that was not previously available in cross border disputes singapores Prime Minister says although multilateralism is under pressure the solution is not is to improve it not abandon. As most of us repair for the festival of sacrifice or. There are 2 developments people of bleating about romania is shipping thousands of sheep to libya in the burning sun despite a warning from the e. U. Activists vessels death ships and in some countries speculators are reportedly driving livestock prices up as the festival needs. As muslims around the world countdown to the start of. On sunday. Algeria is preparing for the slaughter of 3 and a half 1000000 shape and goats prices here and across north africa are surging with demand. The sheep flock this year is thanks to all in Good Condition prices are up to 60000 diener. Some blame speculators for the soaring prices others say that prices have gone up because of costs at the official slaughter houses and enforcement of Animal Welfare standards. This year the herd is in better condition compared to last year where sheep are all vaccinated and under strict veterinary supervision everybody has ever considered the animal safety it requires rigorous effort. But some countries in the region cant meet the demand under the burning sun in a romanian black sea port the 50 year old lady maria stands ready for thousands of sheep with a one way passage to libya despite a warning from the e. U. Remaining it continues to export live animals during the height of summer 4 years ago thousands of sheep on a ship sailing from here died from heat and thirst Animal Rights activists say the trade is not strongly enough policed. And British Airways says its fixed a check in computer problem and forcing it to cancel over 100 flights across the u. K. Say what caused the outage and there may be knock on effects besides cancellations 20000 passengers aboard a latest disruption hipparchus business they have ports for share ways which is why the International Airlines group apologised the incident. For booking flights between august 8th and 13. 27 system out of. Tens of thousands of its passengers to cyber attack last year to hundreds of thousands passengers. I think business with you. The. Zone. Thank you. Thank you thank. You. This is. Coming up on the show fast he was charged with treason now he stands accused of unknowing the ugandan president. And on the titian says his house from preston was 70 is ridiculous and hes the tenant the challenges in court also coming up on the show. In zimbabwe the u. N. Says 5000000 people thats that federal that country ops risk of starvation calling for more than 300000000 dollars to some fly i gently

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