Change. Their city. Gets least. 2 years to think their future. D. W. Dot com biggest city in the making. Clear to. The. Its now people before passports planning for a post breaks a future british Prime Minister Boris Johnson wants to attract highly qualified africans to the United Kingdom in a bid to tighten relations with a fast growing continent also coming up Climate Change and inequality the 2 biggest issues climbing to the top of the agenda at this years World Economic Forum Meetings in doubles to look at whats setting the tone in the swiss alps. And coffee from ethiopia gets a promotional boost at the International Green week and. Hello and welcome to do business africa im going to get jones in berlin good to have you with us leaders from 16 african nations have gathered in london for a major u. K. Africa summit of the meeting comes as british Prime Minister Boris Johnson seeks to establish new trading relationships for the post brics it. Became to be wooed given the stakes in numbers smaller than their host may have hoped for. The 1st ever u. K. Africa summit is being attended by leaders from 16 as of africa has 54 countries. The backdrop to the event the bracks of countdown just over a week until britain leaves the European Union and a year before it officially accepts the e. U. Customs union and Single Market british Prime Minister Boris Johnson determined to strike new deals in the worlds most rapidly expanding continent more than half the worlds fastest 15 Fastest Growing economies are now for 2 thirds of africa african economies are expanding faster than the global average africa is the future. The u. K. Has a huge active role to play in that future but the u. K. Is far from the only country vying for business its annual trading relationship with africa amounts to some 46000000000. 00 compare that to chinas 208000000000 and you get an idea of just has stiff competition is. One way britain is hoping to embrace change itself as with Immigration Reform johnsons promise to make it easier for highly qualified africans to come to the u. K. By putting people before passports. But untangling itself from the e. U. And competing alone for economic influence in africa may prove a bigger challenge than expected. More lets bring in joy during beer or in her nairobi joint or in britain hoped for more african nations to join the summit out of 54. 00 only 16 turned up whys that. I think that should actually be held at african countries now are you looking forward to having to renegotiate some of the deals that they are going with the rest of the world and actually if you look at the Africa Service that have taken place around the world this summit particularly has hurt the east attendance of heads of state from the african continent with china we did have 51 heads of state in attendance and weve got trees like russia to about 43. Was the United Kingdom only poultry 16 heads of state has been able to attend that should send a message about the kind of treat partnership that the african continent is looking to how the rest of the world and what is africa exactly looking for when partnering with foreign investors. So how far can countries have. Shared and said they did not think the United Kingdom who is now a Global Investment power the likes of the way that were not even invited to the u. K. Africa summit now are focusing their attention on the east for countries like china and india for tread partnerships as opposed to the United Kingdom so you know way i think the tie is changing and i did speak to some of the 2 economists earlier today who said that the tide has changed and if the United Kingdom has strong partnerships with some african countries the need to strengthen even thought so they didnt have to lose the little partnership that they have at the moment and the british Prime Minister wants to attract highly skilled africans to britain people before passports i am africans actually interested in going there yes i think we have seen not even that im thinking the reality is that many africans how they left the continent and continue to live the continent in search of Greener Pastures we have seen many africans point through the Mediterranean Sea trying to look for Greener Pastures outside of the continent and this is going to continue for many years until africa bigger out how much of employment the country for Young Africans right here on the continent are right to join her in barrow there reporting for us from nairobi thank you so much. Now the worlds movers and shakers side gathering in the swiss alpine resort of double us this week for the animal World Economic Forum Sustainability and Climate Change taking center stage this year with the International Crisis to crisis the Global Economy is flagging everywhere you look there are dire problems serious catastrophes. Meanwhile in davos everything is lovely the mountains the snowy landscape but its just a backdrop theres plenty of tension around here too the little town in the swiss alps is tooled up again security for the heads of state and captains of industry during the Economic Forum costs a fortune. Inside the Congress Center of the focus in the coming days will be on the big problems the same challenges Climate Change is top of the agenda participants have identified Climate Crisis as the biggest danger for the future we need to take action now both the organizers of the World Economic forum and the climate activists agree on this at least. As well traditionally davos deals with all the big issues of the day some say davos is the best platform because so many key people are gathered here critics say its all for show just meaningless speeches of the iranian pact the founders of the World Economic forum promise this is no talking shop this is a workshop. They promised concrete results for this 50th anniversary meeting here in the alps away we go. The International Monetary fund has cut Global Growth estimates for 2020 the leader of the i. M. F. Is in davos switzerland for the World Economic forum today to discuss the World Economic outlook the i. M. F. Reports that compared to the outlook report in october estimated Global Growth this year is down 110th of a percent to 3. 3 percent growth one of the major reasons for the dip is projected growth includes a slowdown in india. And now to some of the other business stories making news. The friendship build. To cast one a 2000000000 euro contract securing its future for the next 7 years the firm signed a deal with fellow french them and see cruises for 2 brand new ships the new linus will be delivered in 20252027. China is calling on canada to release the detained hugh away executive migwan sure mang was arrested over a year ago and is charged with bank fraud for misleading the bank h. S. B. C. About your ways in iran banks extradition hearing where shell fight american efforts to have a brought to there for trial is scheduled to begin today. Here on mosque Space Tourism Company Space x. Has deliberately destroyed one of its falcon 9 walk its to test the rockets abort function must describe the launch as picture perfect now space x. Needs nasa to to certify the rocket for flights with a human crew for. Germans off the coffee its big business for retailers but not so much for coffee farmers there at the bottom end of the profit chain often receiving less than is needed to make a living its the opposite of fair trade at the International Green week in berlin politicians and some retail chains pledge to change that. This is raw coffee here in the ethiopian shake a forest its grown in a Sustainable Way workers get a decent salary without hurting the environ. And one business woman who guarantees her coffee was grown in those conditions is sarah new real the german businesswoman with ethiopian roots is presenting her coffee brand of germanys well known agricultural fair green week. Time bound so we work with a cooperative of small farms and dont use the conventional way of buying coffee over commodities markets so we get our coffee direction farmers who determine the price themselves for the work that they do you feel it i have a disease taking that is. According to n. G. O. S the world market price for coffee is so low that coffee farmers havent been able to make a secure living since 2016 only a 10th of the price of coffee goes to the farmers and coffee isnt the only Commodity Trading so low prices for bananas and cocoa have also hit rock bottom German Development minister dared miller is demanding a new way of seeing things especially in german Retail Stores we have to Pay Attention to whats fair for farmers in developing countries people there need a future you have to learn to share but you wont find this attitude everywhere unfortunately too many of the attitudes of being cheap is great. Because. The demand for coffee in germany is strong that food and drinks are relatively cheap here. Grocery stores often battle to keep prices low to retain customers and producers are the ones who pay the difference the market share for economically fare products is growing very slowly in germany and 28000. 00 german spent only 20 euros a year on such products retail chains now want to take more responsibility issuing a declaration of intent to put an end to starvation wages and 3rd world countries among them is all the germanys 3rd largest Coffee Roaster the company is currently determining where and how its products are produced and then to 15 or to hearts but if we understand where the biggest problem is that is where there are risks but also where influence with a guess and then we have to act and in my view weve already done a great deal within our abilities but we still feel that were just at the beginning especially in the Food Supply Chain i dont think that much has happened in the Retail Sector as a whole. Development minister move there now wants to see if marginalized farmers will get a bigger slice of earnings in the future if nothing changes he wants to introduce a new law which would obligate Large Food Companies to trade more fairly. And finally heres a taste of the economic consequences of mix a prince harry sent to make and split from the royal family and won so many a shop in windsor has decided to unload all of its megan and harry items at discount prices hoping not to be stuck with unsellable stock last letters formalized later this spring however some of the merchandise could actually become collectibles once meghan and harrys reign as members of the royal family begins to fade. And that is your Business Update here for now for me on the business africa team member thanks for keeping us company. The british. Africa. Tour link to exception stories and discussion. Of easy to our website d w to post much for joining us on facebook. For. Just shows but shows how much. The smart way to go. Global auto mobility show every week w. This is. Coming up on the program africas Richest Woman is accused of stealing they have 4 children from mongolia. All wrongdoing and says she is the victim of a political witch hunt also coming up. All they did was try to protect. It is a Mens Campaign gone wrong if you. Feel pressed about the
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