Southern Africa shows how unlocking data can drive economic recovery

Southern Africa shows how unlocking data can drive economic recovery

Southern Africa shows how 4IR technologies can enable access to trusted data and driving the economic rebound in the wake of COVID-19.

Data is key to reducing information asymmetries and improving decision making.

The World Economic Forum recently launched the global Data for Common Purpose Initiative to encourage collaboration on data.



A lack of access to data has hampered countries' ability to fight the COVID-19 pandemic, and it's clear that data must be a major component of rebuilding economies about the world.

What's less clear is how to make the most of data and other related fourth industrial revolution (4IR) technologies, including artificial intelligence (AI), blockchain and the internet of things (IoT). Too often complexities in the data ecosystem, including policy, regulatory or business barriers, lack of trust and issues with digitisation, stand in the way.

The good news is that progress is being made that offers a path forward. Southern Africa offers key examples in how 4IR technologies can be enablers in getting access to trusted data and driving the economic rebound in the wake of COVID-19.

In Southern Africa, emerging technologies are helping the livestock industry face the challenges of a commercial economy.

BKB, a 100-year-old SA-based agricultural company,