Featuring a lead role like youve never seen before. The mere fact of marriage do the ends justify the means. To denounce witnesses starts december 13th on d w. German companies would like to invest more in ghana so whats the hold we spoke to ghana trade minister about why western companies are still reluctant to go all in and what he wants to do about it. Also asian markets were dealt a blow today Donald Trumps decision to sign a bill supporting hong kongs rights sparked warnings off with television from beijing what does this mean for a possible u. S. China trade deal. And how entrepreneur from cameroon is about to shake up the African Market for baby food. This is business africa. As well come for the 1st time germany is hosting a joint economic summit with subsaharan african countries germany said it says its deliberately chosen ghana given the progress made in the country in recent years and existing close ties germany considers ghana a key trade partner in east africa last year imports and exports between them totals more than 600000000 euros however german businesses still seem to need a bit of pushing to invest that doubtless one of the reasons is the high cost of borrowing the bank of ghanas key Interest Rate has fallen significantly in recent years but the mains at a hefty 16 percent thats problematic for Foreign Investors but also for gunday an entrepreneurs who face difficult conditions in west africa ghana is ranked 116th in the world when it comes to the ease of setting up a business that as behind regional neighbors like looking at fossil binny and ivory coast during todays inaugural germany Ghana Business Council my colleague rob whats asked trade minister alan chair a mountain why Foreign Investors should choose ghana. We. Suspect its because of Joyce Richter for his face ghana has a Strong Economy which is very important for you vestments secondly we believe. That we have the best credentials for democratic governance we have a Strong Political system which is very stable we also offer a very safe and secure environment for investors which i think everybody agrees is very important by that goes beyond that also. A fair transparent. Judicial system which again supports Foreign Investment rule but that there are barriers for Foreign Investors in ghana borrowing rates very high you rank behind some of your neighbors in terms of the ease of setting up a business is that something youre working on now intense or business reclusion. We promised that in west africa we had a number one Investment Business and the evidence is the record is that and beyond that also weve introduced a business regulatory reforms which addresses the challenges that im sure you are talking about and this is on an ongoing basis. And when we are able to identify bottlenecks are we putting the polices and the durable issues to address of intel but what im talking about is about Getting Started in the 1st place about being out able to get the money together to start a business and work your way through that process is there potential that its off putting for an entrepreneur so i do not think so because we have probably. One of the most dynamic private sector. In west africa certainly in west africa and then in the whole of africa the cost of capital meaning the Interest Rate is higher than you may find in some countries remember that Interest Rates are set in reaction to different indicators in the economy and this government has been able to move the economy now to a point where weve drifted from the above. Regular Program Within a period of 2 of these thank you very much mr chairman thank you for asian stock markets got off to a shaky start today asked concerns mount that tensions over hong kong may get in the way of a u. S. China trade deal u. S. President donald trump on wednesday signed into law legislation backing prodemocracy protesters in hong kong it requires the u. S. States to monitor hong kongs autonomy to justify favorable u. S. Trading terms it also threatens sanctions for Human Rights ViolationsChinas Foreign Ministry hit back a warning of unspecified from countermeasures putting a lid on a week of gains for asia pacific chad. Its thanksgiving day in the United States but its the protesters in hong kong that finally has something to be thankful about long sought after support for their prodemocracy movement finally came from washington a new law requires that hong kong must remain autonomous to receive favorable trade status which is help the city become a Financial Center the Chinese Government was quick to condemn the u. S. Legislation and is threatening to retaliate at what it sees as blake hedge a mini. Us signing of the socalled hong kong human rights and democracy act in. The law seriously interferes in hong kongs affairs interferes in chinas internal affairs and seriously violates International Law and basic norms of International Relations it is a naked act of hedging many. Will only occur. With the u. S. In china struggling to nail down a new free trade deal stock markets were spooked by the flare up of anger but some analysts are not certain that diplomatic fallout will endangered the talks and ive heard some commentators people in china think that hong kong is now a card that the u. S. Is going to play in trade negotiations and i dont believe that to be the case its not something that the u. S. Can you know either give or take away so its really not a good its not a good card. Others say washingtons protracted silence on hong kongs protests was already a sign that the prodemocracy movement is a factor in the trade talks and that a completed trade deal remains a top priority. Exposed cliff coonan if the new u. S. Legislation would make phase one trade deal less likely i think it probably does weve seen how its the angry reaction you know naked act of hedge germany and theyre very very angry about this pretty strong words yeah yeah so certainly from the verbal on the verbal side theyre very very angry but its just a question of how that actually translates into things though i mean theres a lot of pragmatism at work here too and the politics is very important to the Chinese Government and the often bhopal it will trump economics so its basically. Going to be their focus to get in the way. And also some of the other Global Business stories making headlines today europes top food and Beverage Companies are calling up on regulators in brussels to make the production of electric trucks mandatory for comic. So that the companies have a better chance to meet climate goals the Alliance Includes nestle and unilever and they say the car Industry Needs more incentive to begin producing electric trucks. Berlin is preparing a law to protect German Companies from foreign takeovers economic minister peter said the government wants the right to veto bids by non e. U. Investors if they plan to acquire at least 10 percent of the german firm the threshold is currently at 25 percent changes would pertain to Companies Involved in Artificial Intelligence robotics biotech and quantum technology. Zimbabwe is facing manmade starvation with 60 percent of the population failing to meet basic foods needs thats according to you when envoy who visited the countries about what is in the midst of an economic crisis which has led to Food Shortages and lack of access to Health Services and safe water. For more and more female entrepreneurs are making waves across the continent in cameroon Pascaline Nanda is a successful is stirring up the Baby Food Market infant cereals containing local ingredients such as plantains corn and coconut are proving a hit with babies and more importantly their parents found set her sights on expansion across africa. When Trumbull Valerie feeds her youngest child she likes to use a local product unlike imported baby food this porridge contains plantings for popular food in cameroon. Plant chains are rich in sodium and Iron Minerals which valerie found out are important for her childs health. All these ingredients are in this baby food and thats whats encouraged me to keep using blaser luck. The baby food is produced in 2 other entrepreneur Pascaline Nanda founded her business 5 years ago she thinks its important to use organic products from local farmers a bit of honey for the sweetness and then the baby mash is baked. Them also dont make this cereal so it comes close to our daily eating habits and we can follow our cultural identity as our. Grew up with plant tains coconuts and potatoes. Our ancestors ate these food. Its in part of our d. N. A. The solid cereal mass gets crushed and later milled and packed as a powder the product has become so successful that Pascaline Nanda has hired 22 employees marketing is very important for her in order to compete with foreign products. We made a big effort with the packaging and made it pretty. Much covered about 85 percent of the supermarkets in july. We also want to expand to other cities. Its hard to miss the Promotional Team in their bright yellow t. Shirts they go from store to store offering baby food. Depending on the size a package cost from 0. 30 to 1. 00 euro 50. Baby food from europe and china still dominates the market but that doesnt stop the business woman from thinking big. Plan is to cover not just cameroon. Africa. And why shouldnt we tap into new markets outside of africa. At the moment the Company Delivers 5000 kilograms of baby food daily if things continue to grow as planned. Wants to hire even more employees. And thats all for me and the Business Team nonstate june for any marker and africa up next right after this quick check on Global Markets out this song. On the show that of. Whats a big. Got. To do for you but. Im not laughing at the job. Just sometimes i am but i found nothing which of. Them thinks deep into the german culture of looking at stereotypes quietly and you think the future of the country i now want. You to take from this drama there you go its all about. Bob i might show join me to meet the gentleman from the w. Post. This. Coming up on the program the next. Against a u. N. Mission in the democratic republic of congo protest this ill talk to the organizations compound in the eastern town of been the uk use the un the feeling to protect them from the growing violence in the region also coming out. Scene up doctors in zimbabwe steeds the mass walkouts and glitters conditions and. How bad is the Health Service crisis that. Launching the fight