david: many companies outside of africa would like to invest in africa. where do you recommend they invest? nigeria? south africa? you are probably partial to nigeria. are there good opportunities for non-africans in africa? aliko: there are opportunities for everybody. i think there is protection for everybody. let me give you an example. in nigeria, if i have my partnership with you, i will not have what you call minimum taxation. if the company is owned by myself alone, as a nigerian entity, we have a minimum taxation. there is a lot in inviting foreigners to invest. counties that i would suggest, , nigeria, that is a good place to invest. kenya is also a good place to invest. david: i first met you a number of years ago. today, the bloom seems to be off the rose in african private investing. it was very attractive six years ago. today, it is less attractive. that because economies in africa have gone down? what would you say is the reason? aliko: i think most of that reason has to do with lack of understanding of where to invest. look at the investmen

in africa. is that a title you are proud to have or one where you get people calling you for money, you wish you were not the wealthiest man in africa? aliko: first of all, thank you very much. it is great to be here. the wealthiest person in after, it comes with a lot of baggage. there are a lot of demands. people come up with different demands. it is good because i like to give back to the society. david: you are involved in many philanthropic endeavors in africa and elsewhere. let's go to some of them. recently, you had an event in abraham, ath mo wealthy african businessperson, and bill gates, in which you provided a fair amount of money for the african center in harlem. what is the african center and why did you do that? aliko: we did the african center idea, it started with chelsea clinton and my daughter. my daughter joined them later. make this african center a reality to be able to project africa in a better light. bring africa to the rest of the world. thecially when you look at united

for us to be able to project africa in a better light. bring africa to the rest of the world. every september, we have the united nations general assembly. the entire world converges in new york. what you want to do is to tell the real narrative of africa and tell the rest of the world what africa is all about. this has to do with policy, business, and culture. you know, because sometimes, you know, especially americans, they do not understand much about africa. you know, somebody will say to you, what kind of language do you speak? for example, in africa, we speak about 2000 different languages. david: that is a lot. aliko: that is a lot. david: one of the big problems in africa is health and you have been involved in trying to eradicate polio in nigeria along with bill gates and his foundation. what is the progress you have made to date? aliko: we have done quite a lot. the progress has been tremendous. in the last three years, we have not had any wild virus of polio, and hopefully, we will work hard between now and the next six months, by april, we will be a polio-free coun

david: many companies outside of africa would like to invest in africa. where would you recommend they invest? in nigeria, south africa, kenya? obviously, you are probably partial to nigeria, but are there good investment opportunities for non-africans in africa? aliko: there are opportunities for everybody. as we speak today, even following -- let me give you an example. in nigeria, if i have a partnership with you, and i am investing, i will not have what you call minimum taxation. the company's formed by myself alone, as a nigerian owner, a nigerian alone, i have minimum taxation. that is quite a lot in terms of inviting those to invest in africa. there are many countries in which to invest. one of them, of course, nigeria. ghana is also a very good place to invest. you know, kenya, kenya is also a very good place to invest. david: i first met you and number of years ago when i was raising my firm's african investment fund, and you invested in it. today, the boom seems to be off the rose in african private investing. it was more attractive 5, 6 years a

this is business africa. your update on africa on global business news i'm out. as welcome and we start with the latter the eyes of the business world were trained on beirut today where the disgraced former comment as a cause go on has made an explosive public appearance his 1st since fleeing japan where he was awaiting trial on corruption charges he described his treatment by the japanese legal system as a quote travesty against his human rights and dignity and revealed more details about why he became a few fugitive tokyo prosecutors have reacted swiftly slamming his allegations and accusing him of one sided and the other except to call an acceptable rather criticism of japan's legal system. in beirut carlos ghosn faced the cameras for the 1st time since his daring escape from japanese justice today is a very important day for me one that i have looked forward to every single day for more than 400 days since i was brutally taken from my word as i knew it during a press conference lasting almost 2 and a half hour his own claim to have been a victim of a conspira

africa. a new golden age of african culture has dawned even in hollywood block there was the highest grossing film in the u.s. in 2018 and offered a challenge to western notions of africa and its history. plot cantor was nominated for 7 oscars and won 3 an extraordinary achievement for a superhero film that also features a black majority cast. black panther was immensely popular with audiences around the world had launched a series of new cultural trends. does this movie there were viral videos of people don't seem to destruction boys started to go in america and in europe. it's called why what is for me it's a revolution and afro revolution there is a generation that suddenly claiming its identity and identity that has always been there that they could not express in the past looks for. a renaissance of african pop culture is underway musicians from the continent and the african diaspora are working together more closely than ever and storming the music charts. for example pop star beyonce t

africa. for example. in africa. for. decades later temple lay on a sellout 2 or if you're a high life was suddenly popular here too the old records now sell for high prices or being reissued orders. for the. workers who were. part of the. group. during his talented amberley experience the 1st years of ghana's independence from britain the national hero then was cramming croom a. road course one of the smothers after the 1st month. meters to know that the independent. voters bush knew. it was late with a total abrasion of the whole of africa. are still. there she started teaching. other countries. and their bunks the royal family of belgium was also forced to grant its colonies their independence 1st and foremost the basque congo its riches had been plundered by europeans for centuries. back then everyone dreamed of independence on the entire people stood behind their leader. was the prime minister about kosovo who wants the president the 1st congolese president putin the president of the board that this is not well this

couple of figures 450 new coal pod plants across africa south africa produces 250000000 tons of coal every year botswana is just discovered where the largest cold is deposits. billions of tons mozambique has stopped the increase production they have the stuff they want to get it out of the ground to increase due to better their economies do you think they'll listen to you. fred just a few inches. wide movement so we're not only in germany australia but also in africa and great activists too and they will also put pressure on their governments and their companies to ditch coal but i think it's also if siemens will put out. and it's a great sign was why it's no longer ok and china companies say that they will become carbon neutral by x x but they have to follow up on the promises. thank you very much for them to the next. well news from them ali really good news the country is in a deep political and economic crisis poverty is rampant for decades the u.n. is trying to help sort out the problem with troops stationed there but there is a different mali as well the mali of ideas more than

africa for you up next right after this quick look. eco africa. fishing is a serious problem in gogol the authorities are trying to stop illegal fishing promotes sustainable. we believe today is marine resources and our commercial sense knows how to protect our ecosystem is our 1st claimant to new regulation. eco africa 60 minutes d.w. . in the height of climate change. africa's most of. what's in store for. want to be used for the future. comes from the mega city to the multimedia inside. the for. this is g.w. news africa coming up in the next 15 minutes why is south africa struggling to keep the lights on the national paul utility is again rolling electricity blackouts across the country costing the economy billions. and the man supplying team was set to kenya's biggest find out why you have to partner with against us to do so.

you left your language in africa. you left your culture in africa. you left who you are in africa. i'm -- i'm trying to -- do i sound a little bit like malcolm? so -- so of course, if you make the case to people that they have left something somewhere, right? and specifically talking about culturally and philosophically, he was urging them to what? go back there and get what you lost. right? and this was critical to him. this sort of cultural and philosophical return to africa was absolutely critical to -- to -- to malcolm x's ideas because he felt it was critical to black people developing a strong sense of what? yes? >> solidarity? >> not just solidarity. but he wanted each and every individual, black person, he felt by them developing a more positive sort of viewpoint towards africa, they would develop a more positive viewpoint to what else? >> themselves. >> themselves. that was -- so he, of course, made that conceptual, you know, and of course that speech that we heard him give in one of his last speeches in 1964. he would make this point again and again. he, of course, in tha

that africa. i. feel forms you can do with a lot of media around the world just africa's bad face the wars the famine and the problems so that it's become the face of africa that all pleasure in different movies actually i. i i. i i can always go to the police concert certainly saved a lot of lives that it was quite an achievement. on both sides but africa was itself a passive recipient and was not represented on stage you have to be you know. there are a lot of these i believe you live on the 5th. of the belt. the freemen i think the 1st step i certainly saw was. the release of a new. mandela from prison and the collapse of south african apartheid was a historic turning point and not just for africa i. i. think. susan by directing the allies to mandela's contribution was to provide guidance on how to overcome the racist system of colonialism and apartheid was essentially an offshoot of the colonial system this is called in the eye he said the people should learn to interact with each other and forgi

mean for africa my colleague. is here to talk about exactly that 1st of all start with trade and investment between you the u.k. and africa. what's going to happen that he's sick well i mean of course we saw the u.k. african vestment summit which is just mentioned and of course a lot of deals were mentioned where you know announced at that particular summit so they wanted to go to start the year with a bang when it came to trade with africa and they've also been increasing their trade stuff that you could come in has been increasing their trade stuff on the african continent by around 20 percent in like 23 countries if i remember correctly and they are trying to get as many people on the ground and trying to do as many things so we're going to hear a few more announcements probably going along in the year but in terms of what it how it compares to trade with africa from you know china or the u.s. with africa it's way behind and it's going to have to do a lot of catching up ok so we've talked a lot about the u.k. a

bullish onvery africa. we have done very, very well in africa. i can tell you if we continue with what we are doing today, based on our own projections and a we will be able to be within the next five years in the fortune 500. david: for time to time i see investments for dangote. is that general brand building? why do you advertise the dangote brand in the united states was most of your businesses are not in the united states? aliko: it is brand building. we will not remain dominant only in africa. we are going to invest outside africa. what we are doing right now, david, we are investing mainly in sub-saharan africa, but if you look at what we are building today, we have a company that billion.ues of $4 in the next two years, we will have a company with a revenue of $30 billion, so without, we have quite a lot of money. what we are trying to do is use a major part of that money and invest outside africa, and maybe africa, because we have invested very heavily. david: you are in your early 60's. aliko: i'm 62. david: you continue to do this for

africa. for example. africa. for. decades later temple lay on a sellout tour if you're a high life was suddenly popular here to be old records now sell for high prices or being reissued. for the. during his childhood experience the 1st years of ghana's independence from britain the national hero then was cramming. more as one of the smothers our 1st man. in the police. force. it was a total liberation. for. teaching. of the contras. and there was the royal family of belgium was also forced to grant its colonies their independence 1st and foremost the vast congo its riches had been plundered by europeans for centuries. 'd back then everyone dreamed of independence the entire people stood behind their leader. was the prime minister about kosovo wants the president the 1st congolese president in the prison. i still remember how all of us the whole of congo were behind castro who. when what is today the democratic republic of the congo gained independence just a couple sailing better known as. attended the negotiations th

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 exits the e.u. customs union and single market british prime minister boris johnson determined to strike new deals in the world's most rapidly expanding continent more than half the world's fastest 15 fastest growing economies are enough for 2 thirds of africa african economies are expanding faster than the global average africa is the future and the u.k. has a huge an 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 china's 280000000000 and you get an idea of just has stiff competition is one way britain is hoping to embrace yes itself is with immigration reform johnson's promise to make it easier for highly qualified africans to come to the u.k. by putting people before passports. but untangling itself from th

hello i'm christine want to welcome to news africa it's good to have your company africa is battling a deadly flood of medicine it's so rampant that some experts have called it a public health emergency. just about hoff a fake medical products reported globally between 20132017 were sold in africa. now the problem is particularly acute in west africa away 7 countries from the region are currently. representatives from. senegal uganda ghana and the gambia are gathered in total i'll be putting some questions to the world health organization in a moment but 1st we go to kenya where the lives of 2 families we've met have been devastated by fake medicine it's been a year since below 18 month old son passed away memories of a baby boy are still vivid so are the nightmares of losing him when he got sick son to a local chemist for help he was given an injection his skin color changed soon after in a public hospital he died in his mother's arms. one of the doctors pulled me aside and said your child has been injected with fake drugs fake drugs. they did blood tests which revealed that the dru

this is steve at nino's africa coming up in the next 15 minutes tributes spall in full south africa's grandfather black business me on chopping it richard my point you have pushed his way into a white man's world at a time when black south africans will praise stand up and say he's died at the age of $99.00. that al-shabaab strikes and in. field in kenya killing 3 americans what does this latest attack tell us about the group's strength in the region. then we'll meet the nigerian teenager taking the country's golf world by storm. hello i'm christine window welcome to news africa it's good to have you along south africans have been paying tribute to a man who is revered in the country as the grandfather of black business richard more poignant passed away on monday at the age of 99 his business career began in the 1950 s. when he started a milk delivery service in the country's largest townships away till his empire expanded and he later became a retail giant now on social media this picture also tweeted by a south african president sort of pools that is doing the rounds when nelson man

this is news africa coming up in the next 15 minutes why is south africa struggling to keep the lights on the national politics he is again rolling electricity blackouts across the country costing the economy billions. and demand supply clean water that you can use biggest find out why you have to partner with against to do so. then that means capital spruces up its ways housing trying to head up its annual festival. hello i'm christine want to welcome to news africa it's good to have your company africa's most industrialized country is bracing for more bouts of pollock cuts of africa's paul utility eskom said breakdowns at its policy stations has slashed the amount of electricity it's able to generate which is state and supplies more than 90 percent of the country's electricity but since 2007 it has struggled to meet demand he says seen the company results should cutting supply on a rotating shuttle when the national grid cannot meet demand that's referred to as getting in south africa now the public cuts on not just an inconvenience they cost the country billions and last year pushed

africa. on. every journey begins with the 1st step and every language with the 1st word heard from the group . is in germany to learn german why not with him. german. news africa coming up in the next 15 minutes the fake drugs destroy lives in africa . all this mother has to offer her baby was injected with medicine. thousands. and. makes. millions to africans. weapons by the hundreds being turned into nigeria. but one of peace still in. africa. africa is battling a deadly flood. that's. a public health emergency. just a bob hoff a fake medical products reported globally between 20 and 2017 was sold in africa. now the problem is particularly acute in west africa away 7 countries from the region are currently meeting over the representatives from. senegal uganda ghana and the gambia. in total i'll be putting some questions to the world health organization in a moment but 1st we go to kenya where the lives of 2 families we've met have been devastated by fake medicine it's been a year since below 18

the horn of africa ok so so what edge and action is needed to get rid of them. well now that you know cause that's already heightened there in quite a number of countries the countries that have been most it is kenya and somalia and ethiopia and then countries that do this hour so south sudan and uganda. so in that hunt about freakout these are the countries about yemen so that of yeah yeah sudan egypt all infested. east towards india pakistan iran and all these have been affected but then did it see it in a lot of i think they saw one side and now that the locus has been seen in many slums of seal we have missions we have. as well as civilians. besting for now to do. is to do some areas bring was. safe this is sites and also sites ok look at the journey with the un's foot in agriculture organization thank you very much for your time. so it's been about $200.00 yes since the transatlantic slave trade was abolished many tourists especially those of african origin often visit the continent to lead more about events that took place africa was home to several slave

this is that the news africa coming up in the next 15 minutes is africa's wealthiest woman guilty on there it is about dos santos has had her as it's frozen in angola the government accuses her of causing the state to be losses but she says the charges are politically motivated. and this secretive traditional practice in south africa that's costing young man their lives. then bad for him superstardom ugly feet shows us around his home city abidjan. hello i'm christine one to welcome to news africa it's good to have you along they have been some big developments in angola in recent weeks the latest being a court order to seize a 1000000000 dollars from the daughter off the country's former president isabel dos santos behind me who is africa's richest woman is the daughter of off jose eduardo dos santos he's 38 yet as as president when mocked by widespread corruption in which billions of dollars of state funds and went missing the central step down in 2017 the man he picked to take over from him. launched an anti corruption drive almost immediately after he took office he ses said to h

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

out of africa and people don't see the light side to fun side of africa. oh there's just. the little bit of false hope all these seek to prove what was said before but. suddenly. there's no. use in me does you're sure my work surely that is the message to lucy that you see. african culture is an important part of everyday life in the french capital paris in the early 980 s. he bought him a salon a student from senegal started producing records there he founded his own label can see laughs well the book his daughter into now heads the company she says siddharth has a lot in common with a legendary us label motown when i must stop this. town has such a rich history so i like to compare us with them. let's enlarge it has a rich history as well as we've been around for nearly 40 years. don't get all started with even the artists he produced. so yes i think you can draw a comparison between the 2 labels because they both have a very strong identity we. are so big they are not above. the point of this. these are records from the 1970 s. and eighty's the cover ar

consumer confidence in south africa is that a. force domestic product is low and unemployment is hovering around 29 percent residents are rather opposed his country does not have the luxury of time when it comes to turning the economy around all of production in morocco was down due to lower than expected rainfall italy 2 had a bad year in 2019 as more extreme weather hit you the poor output has fueled fears about how climate change could affect harvests of the future. olive galore morocco is africa's number 2 producer of the bass or tasting fruits 2nd only to the 2 museum over the past decade production has been rising thanks in no small part to excessive agriculture boosting policies known as the green morocco plan. since the start of the green morocco plan there's been huge all of development in the regions of mara cash and fluffy in 2009 the area was expanded by more than a 1000 hectors to around 2235 factors. but this season low rainfall resulted in a poorer than expected yield experts estimate that all of oil production will

africa command. an exceptional team dedicated to protecting america and advancing her interests on the african continent. i would like to take a moment to honor the memories of three exceptional americans u.s. army specialist henry mayfield jr., mr. bruce triplet and mr. dustin harrison who lost their lives in the service of our nation on january 5th in kenya. to their families our thoughts and prayers are with you. your loved ones died while protecting the american people from the very real threat of al qaeda and al shabaab terrorist groups. i'm here this morning with my battle buddy, shipment and friend admiral craig faller to discuss shared challenges and opportunities in both our areas of responsibility while we further joint readiness of the giant force. africom is critical to maintaining this ability as africa overwatches a global crossroads with strategic choke-points and sea lines of communication that are essential to global commerce and criticals to u.s. operations in the world. our future

nigeria, south africa, kenya? investmentood opportunities for non-africans in africa? as we speak, let me give you an example. in nigeria, if i have a , we willip with you not have minimum taxation. that is quite a lot in terms inviting those to invest in africa. one of them, of course, nigeria. kenya is also a very good place to invest. david: i first met you when i was raising my firm's african investment fund and you invested in it. the bloom seems to be off the rose and african private investing. today, it seems to be less attractive. is that because economies in africa have gone down a bit? has to dot of that with lack of understanding. look at the investments that were made. i think it is where you should invest. choosy ofbe very where i invest. there is a lots of wrong perception. people read newspapers and they believe what they are reading. i think, you know, as we go along, quite a lot of changes in most african countries, trying to change in terms of the focus on the economy. david: you live principally in lagos. how any people are there in lagos? >> about 2

this is news africa coming up in the next 15 minutes that dirty business that is kenya's waste disposal we'll take you to a landfill in the capital nairobi that's a source of livelihood for put people but is run by i'm scrupulous criminal gangs that's a marriage the government's hands on. and the south african billionaire has apologized for telling us president donald trump that africa loves him there was outrage after his remarks but it wasn't such a bad thing to say. hello i'm christine wendell welcome to deja vu news africa it's good to have your company in kenya trash is trisha the waste collection business is a source of money for both those in poverty and those impala poor people collect recyclable material for small change and government officials all set to receive thousands in bribes for awarding big gob connection contracts now this is the den dorel landfill site in the capital nairobi it was supposed to be closed years ago but as all correspondent reports it's a gold mine and too many people are profiting from his including criminal gangs. every morning thousands of scavenger

this is business africa you updates on africa and global business on it. as well. is the purpose of a company just to make money and create value for shareholders or is it to guarantee social benefits life workplaces and decent wages and also environmental sustainability the climate change looming views on this of changing fast and skepticism over traditional shelder capitalism is coming from all corners for many economies across africa though putting sustainability before growth is easier said than done but facing what is perceived as a global emergency those worries seem to matter less the idea is getting more and more applause in davos where the international business elite as gathering for the world economic forum for one message coming out of davos is that companies want to take more responsibility for the environment and one is ahead of the pack one of the world's biggest money managers blackrock is working with germany and france on creating environmental funds $500000000.00 for sustainable investment and the trillions of dollars that black rock managers wil

the all female group to stop the poaching of writing those in south africa also coming out. what do you do when you have no water but the passion for farming introduce you to the woman who's money each to build a thriving farming business regardless. you're welcome to the program now these wryness in south africa need to be protected from poach as who are constantly hunts and them down for the hones about 20000 rhinos live in south africa making it the world's biggest population of the large mammals not hundreds of rhinos approached each year putting them in danger of extinction so the bali game reserve on the edge of their crew got national park is aiming to prevent the vast by trying something new on all female group ranges who call themselves the black mamba as they are out to the rescue a correspondent. has more. 6 o'clock in the morning later putting on the final touches before she starts work no money down could make you win a cool new cultural ties you have to get steve yeah. if i didn't . feel like some of you said you know you later lived with the rest of the black

china's high tech sector is discovering africa as business with the u.s. gets tricky chinese companies a redoubling efforts elsewhere companies like well way start times trans ssion and putting more resources into their african benches opera the chinese payment service is up and running in both nigeria and kenya gen based mobile phone producer transition is considered a good example of how chinese companies can do well in africa and biotech firms like gene biological products see africa as a lucrative market the company office rapid test devices to detect malaria and dengue fever another wave of chinese tech investment is expected to roll onto african shows this year let's talk about that with most of the c.e.o. of after link a platform that brings together the best as entrepreneurs and innovators. 1st of all what sort of size of investment are you expecting this year from the chinese tech sector in africa so this you respect i would say 2020 respect and over a 1000000000 investments like you already talked about oprah oprah already raised $140000000.00 fo

has had with that africa and the president. it's been pretty low level and compass been focused on other parts of the world and had given no attention to africa the professionals continue in the diplomatic corps but africa has spent a low priority and particularly of this administration all right at the johns tremble in johannesburg for us thank you. again that said what i wanted having is africa you can catch all our stories on our website and facebook page today will leave you with a chance of a new building in johannesburg south africa that is not the highest in africa the inaudibility stands high as 234 meters very nice it has 56 floors with offices apartments and 5 all with 360 degree view so why the tallest building in the world tobias burj khalifa is about 600 meters tall and so we've got more to climb to make strides i brought. to. the prison puro its most symmetry and its most expensive. most creative. trying to taste of a really charming excited. filesystem. on t.w. . and i you do need to keep a lot of the people vote

this is student news africa coming up in the next 15 minutes lagos was the brink so no cut as a ban on the city's popular motion by taxi use this dream to come into effect in the coming hour was this uproar on the streets. and i'll be joined by the ugandan climate action visit to venice and that that was cropped out of a picture with white activists you want to hear their message to the world following the incident. and then a special diet full column will help reduce greenhouse gas emissions researchers in kenya think so we'll tell you why. hello i'm kristie want to welcome to news africa it's good to have your company in the coming now is these motorcycle taxis will be eagle in nigeria's business capital lagos the state government announced the ban on the motorcycles known as because of what it described as the chaos and disorderliness and scary fake is often fatal accidents now drivers in lagos took to the streets to protest the band which starts on the 1st of february the bikes you see off a key source of income for thousands of young men living in the city. an attempt to keep and