Something needed urgent assistance against. The family starts october any on. Touch of it. Sure link to news from africa and the world story link to exceptional stories and discussions from the news of easy town i would say down to the coast next to free coffee join us on facebook t. W. Africa. Rwanda has released stunning 2 digit Economic Growth figures and i have some people asking whether the absolute good to be true. Top of all talent see remains high in many parts of africa but a cheap solution developed by uganda stop a set out change that pulls all the young doctor came up with the idea. This is business africa d. W. Welcome to rwanda is reporting double digit growth for the 2nd quarter of the year heavy Government Spending especially in Civil Construction projects drove g. D. P. Growth 12. 2 percent in the quarter considerably higher and he. Has become an economic darling of Subsaharan Africa spending heavily to improve infrastructure and a truck outside investment but the kigali government has been accused of manipulating statistics to paint a pretty picture of the economy. Now lets look into that from toronto im not joined by david him barack hes an economist and former advisor to run us president s david can we trust these figures are they too good to be true. Theyre too good to be true ok right why do you say that. I say should i say 3 reasons. Ok 1st of all. The flu question. Did one neighborhood and the international. International prices have down thats you know one. Number 2 changing with a neighbor who neighboring countries is down because as you may know. One to close its border. With iran in february is history 2019. So there is that butter closure and then the 3rd reason is that there was one rainfall. In the in the in the past half in the 1st half of the year. So this is these things that affected. One explore and of course this one explodes and must be a very culture based cup why would the government tendencies want to interrupt you why would the government put out false fake this well you see this is a happy. This is a hobby it takes this happens all the time it seems to me that this strategy in rwanda has been. To say to to to project itself as a success story. As a smokescreen of repression somebody says look you know were developing why and. How public is declining so you know who cares about. The human rights issues but if i may have something. In terms of the questions you asked me on here let me also highlight the fact that. In this case one has contradicted south. Had it has got itself. The. National. Export vote as well as the nationals that this board has shown that in the 1st quarter and 2nd quarter exports dropped by 40 percent. And neighboring countries it was in the in the in the things that does what it does best. And exam stuff ok. The explore to do good if you think it wasnt so where would that growth have come through so in this business i was treated to. Use it as that is. Thank you very much david in toronto thanks thought africa says annual inflation rose higher than expected in august adding to fish at the recent Oil Price Spike could usher in higher rates Consumer Prices grew 4. 3 percent year on year according to the potoroo based Statistics South Africa food and utility prices were behind much of the rise Inflation Fears of lowered trade expectations that the central bank will cut benchmark Interest Rates on thursday as has been expected. Its about 6 more weeks until the United Kingdom is set to leave the European Union as means big trouble for some key u. K. Trading partners like ireland its also a cause for concern for Certain Industries that depend on exports to the u. K. And spain shoemakers are now hoping for the best expecting the worst. Whoever hot footed into this store in madrid probably isnt weighed down by money problems. After a collaborative effort among famous designers cost around 150. 00 euros. Theyre pretty popular among european customers as shoes made in spain tend to be. Spanish footwear exports the e. U. Well worth close to 2000000000 euros last year. But the mean shoe game is about to get meaner. But its effects and the wrecks it presents a scenario of uncertainty for spanish footwear in 2018 the United Kingdom was one of the main consumers of footwear made in spain but already in 29000 the exports to that country have reduced by 10 percent making the u. K. Drop from the 4th to the 5th consumer position for spanish use in europe and it seems that trend is remaining that trend has met no less than a 1000000 fewer pairs of spanish issues sold to british customers but the countrys Famous Footwear manufacturers are trying to keep their foot in the door. Not such a course of how we advise companies to assess the risks that wrecks it implies the consequences in customs such as the imposition of tariffs or to pay the 80. 00 in advance also the consequences that they may be in the supply chain such as delays in deliveries and to anticipate storage and then the financial risk such as the devaluation of the pound and the consequences that may have on consumption but rather than simply waiting for the other shoe to drop the sector has made sure to enlarge its footprint in other markets stepping up exports to north america and asia. And out of some of the other Global Business stories making headlines today inflation in ghana has hit its lowest level since at least 2013 august figures of a figure of 7. 8 percent is the 1st to fall into the lower half of the central biased arab range of 6 to 10 percent a decision on whether to cut Interest Rates in response is expected on friday u. S. President donald trump has announced plans to introduce substantial new sanctions against iran the white house has blamed tehran for an attack on Saudi Arabian Oil Facilities that cut off 5 percent of the worlds supply of crude oil existing u. S. Sanctions have already crippled the iranian economy. And germany has extended its ban on arms exports to saudi arabia Government Spokesperson said it will not last until march next year earlier this week chancellor Angela Merkel says she saw no reason to lift the ban it was introduced last year following the murder of saudi journalist to mark a short for which riyadh was blamed. Now the birth of a child is usually a joyous affair but in many parts of the world it often ends in tragedy every day 830. 00 women die in childbirth globally 99 percent of them live in developing countries but on a motel it is especially high in Subsaharan Africa where a number of risk factors converge these include poverty lack of access to health care and of course young the total a World Health Organization and so drastically reduce the tunnel mortality by 2030 there has been some success already including in Subsaharan Africa back of the year 2840 out of every 100000 expectant mothers died in childbirth by 2015 you could see the number here in a 2nd the number had dropped by more than a 3rd but its still a long long way from the 2030 target set by the age of 70 which. But on the on this now joined by dr prosper visit with from uganda dr visit where you have found it starts off called. That makes cheap portable ultrasounds because we have one right here you say that half of all this trouble could be prevented using this technology to the small yes i think that we have a huge problem in africa mothers dying from child bus which supposed to be a very normal process so for us we detect the problem was you know some of this are fucked as well Maternal Mortality can be detected earlier in pregnancy and theres mothers going to live by ultrasound and these mothers can be referred for care but in africa we have limited access to electricity and existing across all machines a very bulky and expensive so we came up with a low portable cost low cost but they bought for us on a device that can walk on your laptop doublet and you know that you can deliver this solution to mothers in your area so can be carried by nurses and doctors in the field yes for us were equipping Health Walkers and expense midways to actually. Im able to deliver this solution to mothers who need it especially those in rural areas it sounds very logical 1st simple solution to the terrible problem if you have found a company to address this issue did you find that easy of in finding Capital Funding support for this not is a developing an idea to a minimum viable product in africa because you really need someone to believe in you as a fast pass on and for us well good bye to have United Nations with the different fund giving us all said 1st funding to actually develop this idea to actually the solution that we have know so a lot of ideas in africa just think that theyre just not being developed yet this is one ideas these ideas may and people. Need to know the opportunities that can actually deliver change the narrative in africa. How do you. But you said people dont trust young people with with with good ideas how dependent on start up stay in africa in western capital i think that most of the funding that we get is from west and box when jack up the list there is there is a deficiency of local bucked venture capitalists to actually invest i think they dont want to take they dont take a chance we believe these young people yet i believe that the young people of a some people you know africa is blessed by a very young used demographic that you know we need to tap into and look the potential and be able to deliver and generative enough ruka so these the need for local buck this is to actually believe in the end in africa very briefly were running out of time but whats the next step for a start for us want to be the go to solution for ultrasound and were looking that moving beyond my tunnel coming to him at an authority into point of. Interest on scaling of course of course africa good luck i think with us thank you very much. And visit with from uganda. And thats it for me and the Business Team here and berlin for more Business News check out our web site which is supposed to w dot com slash is a before you go heres a quick local markets opposite. Enter the conflict zone confronting the powerful. Late last year dont assume for the good of u. S. Forces from syria my guest this week use the state of the institute the boss of the james just for a special representative of the u. S. For a suit gage lutes. Has called the susan. A successful outcome of conflict so for 60 minutes. The full story people polled over the information provided. The means they want to express g. W. On facebook and twitter can cope today in touch follow us. This is deja news africa coming up in the name. 15 minutes. From south africa nearly lost by prime. Growing. Shock in this race
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