Transcripts For DW Business 20240713 : comparemela.com

DW Business July 13, 2024

Simply a little my husband went to peru because of the crisis i wonder if he hadnt gone there we would have died of hunger im going to want to know. Just foolish stories for nearly 50. Well company best so all just another participant in the race for africas riches Indias Economic activities in africa the intense scrutiny by the un like china to step colonial experience can help forge strong talk. Also coming up going is god in the hidden in a box the calm on the edge of flat plate just things just as beirut time is not and now his wife is also wanted by the 2 pounds. For this fashion designers are seeking the spotlight combining local textile to. The latest fashion. This is business africa update on Africa Global Business News on the w. R. Welcome and we start in egypt egypt it is suspending its flights or to baghdad until the end of this week the egyptian flag carrier put its decision down to the unstable security situation following a u. S. Drone strike in the rocky caps over feel the Iranian Military model iran has threatened to retaliate in a statement egypt as said it was suspending flights to baghdad until at least friday for the safety of its passengers a crude for. India has recently focussed on expanding its options in International Trade and although china is still ahead when it comes to trading with african nations india is catching up fast delhi sees its share of colonial past and Subsequent Development into an emerging economy as a plus when looking for partners in africa. Mobile phone network so one area where indian investors a successfully gaining presence in african countries like hearing donna in 2010 Indian Network operator applied for licenses in 15 countries on the african continent knowledge Indian Companies such as tata have also been active in africa for years and trade between india and african countries continues to grow in 2018 the trade volume was 63000000000. 00 which is still fairly humble compared to china the peoples republic not shes up a mighty 204000000000. 00 in trade with africa but india is already way ahead of many European Countries germany for example exchanges goods and services to the tune of 45000000000 dollars with africa. India mainly imports more materials from africa especially crude Oil Agricultural goods are also popular like cashew nuts meanwhile india provides africa with textiles electronic goods and medicines many african nations benefit from generic aids drugs supplied by india and at far lower cost than those from industrial nations. India is keen to emphasise its own colonial past an experience shared by many african countries and the message is clear as a former colony ourselves we more than others understand what you really need. Ill have a closer look at this issue together with christiane voc by hes a senior fellow at the German Institute for International Security fast welcome to the studio and how is indias approach to africa viewed that similar to chinas well its a little bit different india has a long tradition with every can country does goes back to colonial times india has always been a strong supporter of the decolonization process in africa especially in the 1960 s. 1970 s. India has also be seen as a leader of the global south especially in International Fora like the United Nations so india could benefit a lot from these traditions more over india has also started its own Development Corporation with with many african countries in the ninetys sixtys so it has given Capacity Building Training Programs for many african countries what in which way is the the indian approach to forging close of trade ties with africa different from china well india could use a little bit ot is trying to use more of its Indian Diaspora in african countries we have some countries in africa especially the island states where indian population has a relatively high share an absolute figures the largest country was an indian population south africa was 1. 1. 5000000 people of indian origin. India tries to play the 4 card and also in order to strengthen its relation with africa and this is certainly an advantage that india has was just china has more and does it does it work you could do do do these these indian populations in african countries do they make a difference well its very very difficult to assess because in most of the african countries the shelf the indian dust was relatively small a country like angel or tanzania only have about 100000. 00 people so its pretty difficult and at the end it depends more on the political and on the economic relationship. Rather than them on the just or the bit which sectors of the economy commies india focusing in african countries well india is mainly focusing on the Energy Sector india has used the Energy Imports from africa in order to diversify its Energy Imports india has traditionally been very dependent from the middle east which of which is a very volatile region as we are seeing just in these days. Improved in recent years very much everything now has about 15 to 20 percent of indias Energy Imports which is very important for indias own Energy Security thank you very much for this insight. Prosecutors in tokyo have issued an arrest warrant for the wife of former miss and was gone they accused her own of lying to investigators over from japan where he was waiting trial on corruption charges more details about the former stunt like escape from Japanese Justice from robots. His thoughts this is the moment when carlos ghosn left japanese soil since his daring escape on the 29th of december the story of how he managed to get out of japan has been slowly becoming clear his belief that he was smuggled onto a high speed train in tokyo and delivered to can Sight International airport near osaka city from there he left aboard a private jet ending a journey through japan that began inside a musical equipment box. However plenty of questions about the escape remain unanswered and kahless going has hinted to News Networks that he may address some of those questions very soon he said that he has actual evidence documents that will prove that this was a coup to take him down he said that hes going to need some people from the japanese government are behind this that they wanted to take him out because he was going to emerge nissan with right now on tuesday an arrest warrant was issued for the acts automotive bosss wife carol go in an increasingly frustrated japanese government has urged lebanon to help with the investigation you know who. We are making efforts to communicate with the lebanese government through various methods. And we plan on delivering our message to them that it is extremely regrettable that go who left japan illegally arrived in lebanon and also ask their necessary cooperation as we investigate the facts through the cool mom who committed to grew their. And it is to lebanon to the worlds press now tends specifically to a wealthy suburb of beirut and the house owned by carlos the fugitive with a story to tell. To some of the other Global Business stories making headlines today. U. S. Ride sharing services are teaming up to develop electric flying cars made that announcement at the Consumer Electronics show in las vegas the vehicles are being built as the urban congestion of major technological and regulatory barriers remain. As an aston martin have plunged some 13 percent of the company want its profits would be down by nearly off the british luxury carmaker planed weak demand in europe for. Greece is looking forward to a bumpy year with cruise ships free bookings for this years crew season means it will be busier than last year number of tourists who arrived on cruise ships rose to over 5000000 people last year about 700000. 00 more than the year before. Thousands of patients are appealing a French Quarter decision against their damages claim against pharmaceutical giant. As. There was a lack of information following changes to the medicine called legal fire oaks and corresponding. For. If the words textile industry in africa are mentioned in one sentence its usually about low wages for workers fast fashion and cheap imports for western chains but africas genuine fashion industry is alive and kicking in many countries across the continent designers are making contemporary fashion with a decidedly local twist and often with a strong traditional influence example from mali. A few finishing touches and to me said there was a model is ready for the catwalk the designer wanted this outfit to be comfortable and practical with a style influenced by the rubato region of mali. The collection is inspired by the strong denim fabrics and by the music and culture of the Bobo Community so. With its new Designer Fashion the company is hoping to appeal to mollys emerging middle class successful working women who want their clothes to make a statement. In terms of dressing our customers want to wear clothes which have a story authenticity. Clothes that reveal their personalities without needing to say much. With their clothes they want to show selfesteem pride in wearing african designers. Popof. The fabrics are made of high quality cotton from mali. The threads are spun and woven by some of the companys 14 employees. Its a job that occasionally brings them immense pride. As if i think that i went somewhere once and saw a lady wearing one of our creations really i was happy to see it was something that came from our shop i was far from here and saw that and thought this is great it means were doing a really good job for the volvo since he can look began operating an online shop a long side its a boutique in bhaumik oh its been getting more and more orders from abroad. It has long had customer bases in europe and in the United States but soon now mr thera believes shell have to hire more help. Carolyn for more use of business background stories go to our website thats of course to. Find us on social media to follow us to our facebook and twitter. Because up next one after this quick talk. To a. Good. Thank you thank you thank. You. This is news africa coming up in the next 15 minutes why is the d. R. Seen struggling to stop knees ills Health Organizations are on the ground vaccinating children 5000 people are getting infected every week. And the kenyan hadrian stuff putting an eco friendly twist on hair extensions. And then you meet somebody from zanzibar tanzania its rare for women in her community to play sport

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