Why we need to unlock data’s potential responsibly and inclusively

• 19 September 2023
• grainroot
• News GRAIN

By Adedeji Adeniran and Ezra Ihezie

Adedeji Adeniran Director of Research, and Ezra Ihezie, Research Associate, Centre for the Study of the Economies of Africa (CSEA) on why we need to unlock data’s potential responsibly and inclusively

In today’s digital age, data has become an invaluable asset, driving innovation, economic growth, and societal development. Africa, with its vast population and diverse landscapes, holds immense potential for leveraging data to transform various sectors. However, to harness the power of data effectively, responsible data governance is essential. This blog post explores the concept of responsibly unlocking the value of data for all, the evolving data governance efforts in Africa, and the potential of sandboxes in fostering cross-border data sharing.

Data Matters: How to Unlock its Potential Responsibly and Inclusively

Data is often metaphorically referred to as the new oil. Alluding to this comparison, responsible data governance entails the refinement of data (new crude oil) into value and innovations for society. Responsibly unlocking the value of data for all encompasses the establishment of an inclusive data ecosystem that benefits individuals, businesses, governments, and society. This concept underscores the importance of data governance frameworks that prioritize equitable access, protection, and ethical use of data. It emphasizes the promotion of privacy, security, transparency, and accountability within these frameworks. Additionally, it necessitates addressing issues of data inequality to ensure that marginalised communities have access to data-driven innovations. By creating such an ecosystem, we foster diversity, competition, innovation, and collaboration while leveraging data for positive purposes, all while acknowledging and mitigating the limitations and uncertainties inherent in data. Author(s) : Adedeji Adeniran Director of Research, and Ezra Ihezie, Research Associate, Centre for the Study of the Economies of Africa (CSEA).

Read more: https://www.thedatasphere.org/news/responsible-data-governance-unlocking-africas-potential/