By Stephen Polasky and Matt Jones
BONN, Dec 11 2024 – Sustaining nature is not just an environmental goal—it is an essential component of sustainable business—and requires that we redefine business success to include the wise stewardship of nature.

Nature provides the vital infrastructure that underpins the economy. Nature’s contributions to people, through the economy, include the provision of raw materials necessary to produce everything from our food to components of our mobile phones, and the less immediately obvious but supremely important regulation of environmental conditions, which impact everything from climate and ocean conditions to water supplies and soil fertility.

Nature’s economic contributions, though vital, are often overlooked and undervalued. The rapid expansion of economic activity, without adequate attention to its negative side effects, has taken its toll on nature.

Prof. Stephen Polansky

The 2019 Global Assessment Report of the Intergovernmental Platform on Biodiversity and Ecosystem Services (IPBES) found that nature is declining globally at rates that are unprecedented in human history. This decline has led to a rapid increase in species extinctions, climate change and—directly relevant to businesses—major declines in nature’s capacity to sustain contributions to the economy.

The sustained decline in nature’s contributions has become increasingly apparent as a risk to business and society. Critical changes to Earth systems, biodiversity loss and ecosystem collapse, natural resource shortages, and extreme weather events have been consistently rated by the World Economic Forum every year since the Global Assessment was published, among the top risks facing business over the next ten years. These risks were the top four risks of any kind in the most recent ranking.

Continuing with business as usual will only increase these risks and threaten the future success of business and long-term prosperity.

Smart businesses know they are facing a major challenge but often do not have clear plans for how to respond. Knowing what to do to halt and reverse the decline of nature requires solid understanding of the dependencies of business on nature, the ways in which nature supports business and economic activity, as well as the impacts of business on nature, both positive and negative. Most businesses currently lack data and robust tools to evaluate their dependencies and the full scale of their impacts on nature.

This gap has led to a rapid influx of not-for-profit initiatives and a burgeoning industry of private providers, all looking to deliver methods and metrics to help businesses measure their relationships with nature. Many of these efforts have been collaborative. But inevitably—as different approaches tackle different issues for different clients—there has been overlap and duplication alongside gaps and often conflicting advice. Businesses now frequently cite their confusion at the “acronym soup” of initiatives and methods as a major impediment to undertaking effective action.

Matt Jones

An authoritative global process, the IPBES Methodological Assessment of the Impact and Dependence of Business on Biodiversity and Nature’s Contributions to People (the “Business and Biodiversity Assessment”), is currently reviewing the state of knowledge on business dependencies and impacts on nature. This first-of-its-kind assessment, informed by scientific research, Indigenous and local knowledge, and industry insights, will deliver a comprehensive review and provide guidance on the best tools and methods to assess business dependencies and impacts on nature. The assessment is expected to be finalized, and its results made public, in 2025.

Guidance will be tailored to fit different business contexts and scales of decision-making. The data and methods useful at the scale of an individual site, taking account of the details of business operations and ecological context at a specific location, differ from those useful for making decisions about value chains or setting corporate strategy. Financial institutions investing in a diverse portfolio of businesses need yet another set of data and analytic tools.

The Business and Biodiversity Assessment will provide recommendations on the appropriate use of data and methods across sites, value chains, corporate, and portfolio levels, helping businesses and financial institutions understand their dependencies and impacts on nature. Doing so will highlight both risks of further declines in nature and the opportunities for business to improve its relationship with nature.

While information is essential, it is not the only necessary element for successfully transforming the relationship between business and nature. Incentives also matter. Current conditions in which businesses operate do not encourage individual businesses to halt destruction or promote the recovery of nature. It is often more profitable for individual firms to continue harmful activities than it is to invest in environmentally beneficial activities.

Governments and the financial sector have a large role to play in reforming policy and investment strategies to better align business interests with larger societal interests of conserving and restoring nature. The Business and Biodiversity Assessment will also provide guidance on the positive roles that governments, the financial sector, and civil society can play in creating actionable pathways for businesses to be positive agents of change in promoting nature recovery.

Engaging with nature is no longer optional for businesses—it is a necessity. Businesses have a critical role in ensuring that global society moves away from continued destruction of nature and moves towards conservation and recovery of nature, which is essential for sustainable development and long-term prosperity.

Note: Prof. Stephen Polasky is Regents Professor and Fesler-Lampert Professor of Ecological and Environmental Economics at the University of Minnesota, specializing in the intersections of biodiversity, economics, and sustainability.

Matt Jones is the Head of Nature Economy at the UN Environment Programme World Conservation Monitoring Centre (UNEP-WCMC), where he focuses on integrating biodiversity into economic and business practices globally.

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By Mario Osava
SETE LAGOAS, Brazil, Dec 11 2024 – They look like attempts to copy the moon’s surface, in some cases, as craters multiply in the grasslands. But they are actually micro-dams, barraginhas in Portuguese, which have spread in Brazil as a successful way to store water and prevent soil erosion in rural areas.

The creator of the project encouraging these holes is Luciano Cordoval, an agronomist who works for the state-owned Brazilian Agricultural Research Corporation (Embrapa) in Sete Lagoas, a municipality of 227,000 people in the state of Minas Gerais, central Brazil.

He recommends the barraginha should be 16 metres in diameter and deep enough to hold 1.2 metres of water. Its earthen edges rise 80 centimetres above the water level, with a spillway for the excess. In practice, these dimensions vary greatly.

The Barraginhas Project, promoted by Cordoval from Embrapa in Sete Lagoas, which is mostly dedicated to maize and sorghum research as one of the company’s 43 units, was directly involved in the construction of some 300,000 micro-dams, estimates the agronomist.

But the innovator believes that in all they reach two million throughout the country, as many institutions, companies and municipalities have adopted the innovation, recognised as a social technology, and spread it on their own initiative.

Cordoval’s intense training activity contributes to this, calling the disseminators of his barraginhas, who stand out in various regions of Brazil, his “clones”. The agronomist also promotes exchanges among municipalities, in which groups that have already built many micro-dam farms pass on their knowledge.

These micro-dams are suitable for land with a low slope. Embrapa recommends not to build them on slopes steeper than 15%.

For steeper slopes, Cordoval suggests another way of retaining water, which he called “contour lines with cochinhos”, i.e. ditches that follow the contour lines but are interrupted by a succession of water tanks in the form of troughs, which in Brazil are called cochos de agua.

Large landowners and small farmers recognise the benefits of these ways of retaining rainwater. In many cases, water shortages disappeared, springs were revived and with them small watercourses.

Antonio Alvarenga, owner of 400 hectares in Sete Lagoas, is an exemplary case of pioneering. He built his first 28 micro-dams with support from Cordoval in 1995, two years before Embrapa’s Barraginhas Project was formally launched.

He continued to build them and estimates to have added “more than 100” to the initial 28. The farm of degraded and dry land was totally modified. The recovery of the water table has allowed him to have an “artificial” 42,000 square metre lagoon and to quadruple the number of cattle on his property.

The water retained in the micro-dams feeds the water table that makes the lagoons viable and recovers the wells that are the source of drinking water for millions of rural families in Brazil. This is proven by photos that show the water level in the wells rose a little after the construction of the barraginhas.

The success of the micro-dams is especially evident on degraded land, which is estimated to exceed 90 million hectares in Brazil, mainly due to extensive cattle farming.

The aim is to restore moisture in a large part of the country, affected by deforestation, agricultural expansion and other human activities.

Climate change aggravates water scarcity in a wider territory, especially in the Semi-Arid, which covers 100 million hectares in the interior of the Northeast region, and in the Cerrado, Brazil’s savannah-like region, which extends over 200 million hectares.

In addition to micro-dams, contour ditches and other forms of rainwater harvesting reduce the erosion that impoverishes the soil and silts up rivers in Brazil.

A type of barraginhas, generally smaller in size, which also proliferate in Brazil, are built alongside roads as a way of preventing erosion.

By Oritro Karim
UNITED NATIONS, Dec 11 2024 – The Food and Agriculture Organization (FAO) launched its newest report on the Right to Food Guidelines on December 10, which focuses on that focused on the urgency of food security as well as the measures that will be taken by the organization to eradicate hunger and malnutrition in the coming decade.

At the launch event for the report, titled “Realizing the Right to Food in a Changing World: The Right to Food Guidelines – 20 Years On and Beyond”, the importance of global cooperation in securing universal access to food was emphasized, for access to food is a fundamental human right.

“The right to adequate food stands as a cornerstone, essential for advancing food security, wellbeing and human dignity, leaving no one behind. Every woman, man, and child is entitled to these rights at all times,” said Maximo Torero Cullen, Chief Economist, FAO.

In 2004, FAO adopted the Right to Food Guidelines, a document that laid the groundwork for states to implement the right to food for every citizen. Despite FAO making much progress in the years since, heightened challenges, such as the climate crisis and extended warfare, have made the implementation of these guidelines difficult in many parts of the world.

Todd Howland, the Representative of the UN High Commissioner for Human Rights in Colombia, highlighted the urgency of the current global food situation and how conditions worsened following the COVID-19 pandemic.

“Despite our efforts, a global review of agrifood systems today tells us we’re far from realizing the right to food. In 2023, approximately 757 million people experienced hunger, representing 9.1 percent of the global population, compared to 7.5 percent in 2019. Over a quarter of the global population also experienced moderate to severe food insecurity in 2023, accounting for 383 million more people than in 2019. As a result of this undernourishment and food insecurity, last year 148 million children under the age of five had stunted growth,” said Howland.

It is estimated by the Integrated Food Security Classification Phase (IPC) that approximately 1.9 million people are facing catastrophic levels of hunger. Due to escalating violence, frequent climate shocks, and economic downturns, millions of people around the world rely on humanitarian assistance for food.

FAO has stated that the immediate future for these areas is “deeply concerning”, with no indication that conditions will improve anytime soon. Roughly two-thirds of the world relies on agriculture for their livelihoods. Due to agricultural systems facing severe disruptions, humanitarian assistance is needed to supplement economic failures and food insecurity.

“Emergency agriculture assistance is a lifeline and offers a pathway out of hunger, even in the midst of violence and climate shocks. It has life-saving impacts on vulnerable populations enabling them to continue producing food locally to feed themselves, their families and their communities,” says FAO Deputy-Director General Beth Bechdol. However, due to significant gaps in funding, emergency agriculture assistance fails to offer substantial increases in nationwide food security.

During the event, FAO emphasized their upcoming initiatives that aim to ensure universal access to food. Torero Cullen stated that FAO must take systemic issues such as poverty and inequality into account while also scaling up investments in food security and nutrition. Transparency will be crucial moving forward as better access to justice and streamlined monitoring systems are essential in tracking progress and maximizing accountability.

Additionally, FAO confirmed that their agenda moving forward will be to further implement international humanitarian law in their work. In the past two years, the use of starvation as a weapon of war has become prevalent in areas such as Gaza, Sudan, and Haiti.

Sofia Monsalve Suarez, the Secretary-General of FIAN International, a human rights organization that focuses on global food access, stated that it is imperative for human rights organizations, like FIAN and FAO, to condemn such actions.

“The challenge ahead would be to further compliment international humanitarian law with the normative development of the rights to food and nutrition in the past few years,” Monsalve Suarez said. “We could improve the monitoring of food crisis situations using human rights basic principles, connecting the monitoring mechanisms to political or decision-making bodies.”

Another priority for FAO and its partners would be to address the detrimental impacts of corporate concentration when it comes to food production and distribution. Monsalve Suarez remarked that the distribution of land among corporations is currently very unbalanced in terms of concentration. “I don’t think that we will be able to face the challenges of climate change and biodiversity recovery without tackling the inequality of land access,” she said.

For 2025, FAO has launched an appeal for 1.9 billion dollars to provide “life-saving, emergency agriculture assistance” to over 49 million people. If this goal is met, tens of millions of people around the world would be able to produce their own food and make it out of acute food insecurity. With global food insecurity deepening across the globe, FAO urges donor contributions.

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By Jeffrey Moyo
BULAWAYO, Zimbabwe, Dec 11 2024 – At a borehole not far from Mpopoma High School in Bulawayo, Zimbabwe’s second largest city, 48-year-old Sakhile Mulawuzi balances a white 25-liter bucket of water on her head as she holds another 10-liter blue bucket filled with water. She trudges these back home along a narrow pathway leading to her house in Mpopoma, one of the high-density areas here.

Similarly, in Masvingo, Zimbabwe’s oldest town, 30-year-old Ruramai Chinoda stands at her neighbor’s house in Rujeko high-density suburb, where she fetches water from a tap because her neighbor has a borehole and shares the precious liquid with the community.

Nearly 300 kilometers north of Masvingo, 43-year-old Nevias Chaurura, a pushcart operator in Mabvuku high-density suburb in the Zimbabwean capital Harare, struggles with a load of eight 20-liter buckets. He delivers them from door-to-door for a minimal fee as many city dwellers battle to find water.

These ongoing water shortages are blamed on a lack of planning and the ongoing El Niño drought. If the residents were hoping for a change in weather conditions, a report released today (Wednesday, December 11, 2024) by the World Meteorological Organization suggests that while the cooling La Niña climate pattern may develop in the next three months, it is expected to be relatively weak and short-lived.

Latest forecasts from WMO Global Producing Centres of Long-Range Forecasts indicate a 55 percent likelihood of a transition from the current neutral conditions (neither El Niño nor La Niña) to La Nina conditions during December 2024 to February 2025, the WMO explains.

Infographic credit: WMO

The return of the ENSO-neutral conditions is then favored during February-April 2025, with about a 55 percent chance.

La Niña refers to the large-scale cooling of the ocean surface temperatures in the central and eastern equatorial Pacific Ocean, coupled with changes in the tropical atmospheric circulation, such as winds, pressure and rainfall. Generally, La Niña produces the opposite large-scale climate impacts to El Niño, especially in tropical regions.

“However, naturally occurring climate events such as La Nina and El Nino events are taking place in the broader context of human-induced climate change, which is increasing global temperatures, exacerbating extreme weather and climate, and impacting seasonal rainfall and temperature patterns,” the WMO warns.

WMO Secretary-General Celeste Saulo said 2024, which started out with El Niño, is on track to be the hottest year on record.

“Even if a La Niña event does emerge, its short-term cooling impact will be insufficient to counterbalance the warming effect of record heat-trapping greenhouse gases in the atmosphere,” said Saulo. “Even in the absence of El Niño or La Niña conditions since May, we have witnessed an extraordinary series of extreme weather events, including record-breaking rainfall and flooding, which have unfortunately become the new norm in our changing climate.”

Zimbabwe is one of six countries that declared a state of emergency over the El Niño-induced drought, which resulted in the lowest mid-season rainfall in 40 years. The weather phenomenon also resulted in intense rain in other regions.

“These severe weather shocks have led to the displacement of thousands of people, disease outbreaks, food shortages, water scarcity and significant impacts on agriculture,” according to the organization OCHA.

Zimbabwean residents blame the water shortages on both the weather and bad planning.

Mulawuzi said for nearly two decades, she has lived with the crisis in the country’s second-largest city and as residents, they have only learnt to live with the challenge and ignore the promises from politicians to end the city’s perennial water crisis over the years.

Each election time, politicians from the governing Zimbabwe Africa National Union Patriotic Front (Zanu-PF) have pledged to end Bulawayo’s water woes by working on the Zambezi water pipeline project meant to end the city’s water challenges.

However, since the country’s colonial government laid out the plan more than a century ago, the project has not been implemented.

A 450-kilometer pipeline to bring water from the Zambezi River to Bulawayo was first proposed in 1912 by this country’s colonial government.

Then, like now, the Matabeleland Zambezi Water Project (MZWP) aimed to address the region’s chronic water shortages and to promote socio-economic growth.

Now, water-starved residents of Bulawayo, like Mulawuzi, are forced to endure the accelerated water rationing that has hit the city, lasting at times for nearly a week.

“I have no choice for as long as there is no running water on our taps but to go around some boreholes here in search of the water for my family,” Mulawuzi, a mother of four, told IPS.

When Bulawayo residents, like Mulawuzi, are lucky to have access to water, people in high-density suburbs are now limited to 350 litres of water per day, reduced from 450 liters.

In Bulawayo’s low-density areas, the affluent residents are restricted to 550 liters, down from 650 litres of water when supplied by the council.

In Harare, life has become a gamble for many urbanites like Chaurura, who has now turned the drought into a money-making venture.

“People have no water in their houses and I made a plan to fetch it from boreholes and wells far from the residents and sell it to them. I get a dollar for each 40 liters of water I sell and I make sure I get busy throughout the day,” Chaurura told IPS.

The El Niño drought has resulted in major lakes and dams supplying water in urban areas running low across Zimbabwe, triggering an acute water crisis in towns and cities.

According to the Zimbabwe National Water Authority, most of the dams supplying water to Bulawayo are dangerously low—the Inyakuni is at 9 percent, the Insiza at 36.5 percent, the Lower Ncema at 5.9 percent and the Upper Ncema at 1.7 percent.

The city is currently under a 120-hour water shedding program due to the reduced inflows from the 2023/24 rainy season.

In Harare, where many like Chaurura now thrive making money from the crisis, urban residents commonly move around carrying buckets in search of water. They form long and winding queues at the few water points erected by Good Samaritans.

Some, like 37-year-old Jimson Beta working in the Central Business District, where he fixes mobile phones, now carry empty five-liter containers to work.

“After work, I always fetch water to carry with me back home because there is often no running water where I live with my family. It only comes once a week. We have become used to this problem, which is not normal at all,” Beta told IPS.

For people like Beta, the water situation in the capital Harare has not improved either, even as authorities in government have drilled boreholes to address the crisis.

Just last year, in October, the Zimbabwean government appointed a 19-member technical committee to manage the City of Harare’s water affairs as part of efforts to improve the availability of the precious liquid across the city.

Despite that move, water deficits have continued to pound Harare rather mercilessly and many, like Beta, have had to bear the pain of finding the precious liquid almost every day on their own.

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By IPS Correspondent
UNITED NATIONS, Dec 11 2024 – Bangladesh has been in the midst of a deepening political crisis and a significant social divide since August 5 when the former Prime Minister Sheikh Hasina fled the country following a mass uprising led by students. Diplomatic relations between India and Bangladesh have since soured and given way to a considerable amount of disinformation, especially surrounding the persecution of the Hindu population.

Hindus make up approximately 8 percent of Bangladesh’s population of 170 million people. The Bangladeshi Hindu community is known to have largely sided with Sheikh Hasina’s deposed Awami League political party, which has generated anger and violence in several parts of the country.

During Sheikh Hasina’s regime, India had been a strong ally of Bangladesh. Following the fall of her government, India has not shown support for Bangladesh’s new interim government. This, coupled with India continuing to host Sheikh Hasina in their country, has led to the deterioration of good relations between India and Bangladesh.

“The angst (between India and Bangladesh) is not restricted to the corridors of power but will and has found its way to the streets. Therefore, the targeting of Hindus may be rooted in religious discrimination but one cannot unlink the common man’s anger at India’s ‘protecting Hasina at all costs’ policy even at the cost of souring the bi-lateral relationship,” says Kumkum Chada, an Indian author and political journalist with Hindustan Times, an Indian-English language daily newspaper based in Delhi.

In the transition from Sheikh Hasina’s FALL to the establishment of the interim government, the ongoing violent student-led protests saw an increase in intensity. This resulted in hundreds of civilian casualties and thousands of arrests. On November 17, Muhammad Yunus, Chief-Advisor of Bangladesh’s interim government, informed reporters that roughly 1500 civilians were killed during the protests.

The Office of the United Nations High Commissioner of Human Rights (OHCHR) released a report that detailed the various human rights concerns that arose in the period of heightened social insecurity. According to the analysis, there were reports of arbitrary arrests, enforced disappearances, assault, and sexual violence directed toward female protestors.

Additionally, on August 5 and 6, several Hindu houses, temples, and businesses experienced attacks, vandalizations, and lootings in 27 districts of Bangladesh. Internet services and communication channels faced significant disruptions, which has made it difficult for officials to determine the exact number of Hindu casualties. However, officials have stated that Hindu deaths only make up a small portion of the total number of casualties.

Although there has been much disinformation in the media surrounding the frequency of the attacks on Hindus, it should be noted that they still do occur. An IPS correspondent reached out to a member of the Hindu community, the sister of a Hindu attorney in Bangladesh who had been critically injured in a hate crime.

“On November 25, my older brother was attacked by a group of Islamic extremists. He’s currently in a coma at Dhaka Medical Hospital. We feel unsafe and we don’t have the expenses to keep up his treatment. We are afraid of the possibility of hospital neglect. The administration urged that we stay quiet. Extremists are threatening attorneys and the police are destroying CCTV footage,” said the sister, who did not want to be identified by name out of fear of reprisals.

A brother of another Hindu victim also spoke to our correspondent and offered some insight into the social climate of Bangladesh. “The attacks haven’t stopped since August. Although they are not as frequent as the media claims, they definitely still occur. There’s a lot of fear within our communities. We feel afraid to go outside and have received threats of violence. The government and police are not supporting us,” he said.

OHCHR Spokesperson Ravina Shamdasani stated that OHCHR does not have a monitoring mandate in Bangladesh beyond August 15. However, the office is currently in discussions with the Bangladeshi government to conduct an independent human rights study. “This would be helpful in providing an objective picture and countering misinformation and incitement,” Shamdasani said.

The Bangladesh Hindu Buddhist Christian Unity Council claimed that the attacks were motivated by a communal hatred for religious minorities. However, the Bangladesh National Hindu Grand Alliance, a coalition of 23 Hindu organizations, conducted a fact-finding mission and found that the attacks were motivated by mob violence and political retribution.

“There may be an element of minorities, particularly Hindus, being targeted due to their faith. But many Hindus had links to the Awami League, because historically it has been the party that protected minorities, so they may have been targeted for their political affiliations,” said Thomas Kean, a senior consultant on Bangladesh and Myanmar at the Crisis Group.

Since August, news coverage of violence against Hindus by Indian mass media has generated significant debate, with Bangladesh claiming disinformation and the use of anti-Islamic sentiments to propel false and sensationalized narratives that illustrate a wide-scale Hindu genocide occurring in Bangladesh.

Disinformation on the persecution of Hindus not only harms the majority of Bangladeshi civilians but also has a detrimental impact on the Hindu minority as well. “We are concerned about the politicization of minorities, particularly Hindus, through misinformation and disinformation that has been spreading, as this exposes them to risks and undermines genuine concerns,” Shamdasani told an IPS correspondent.

According to an investigation conducted by Rumor Scanner, a Bangladeshi fact-checking organization that has been verified by the International Fact Checking Network (IFCN), 49 Indian media outlets have issued at least 13 false reports between August 12 to December 5.

Despite few new reports of violence against Hindus coming from verifiable investigations, Indian mass media continues to report on alleged abuses as if they are still occurring on a large scale in Bangladesh.

On August 7, The Wire, a Indian non-profit news outlet that is independent from India’s government, released an interview with Rashna Imam, an advocate for the Supreme Court of Bangladesh. Imam described the recent reports from the Indian press as “completely unwarranted and baseless”, adding that the lootings and vandalisms occurred “to an extent” for around one month. Imam adds that based on the statistics available, the current social situation is “under control.” Dr. Yunus also described the reports from the Indian press as “exaggerated.”

The investigation from Rumor Scanner debunked a host of reports, images, and videos that have circulated in the press since July. One viral video was broadcasted by multiple Indian media outlets, claiming that a Hindu man was protesting for his son who went missing in the wake of hostilities. Rumor Scanner identified the protestor as Babul Howlader, who is actually a Muslim. Furthermore, his son had not gone missing during the protests, he had been missing since 2013.

Another viral video on X (formerly known as Twitter) claimed to show a violent temple attack in Bangladesh. Rumor Scanner confirmed that this video was actually taken in India during idol immersion.

Additionally, several reports from Indian news agencies referenced an alleged arson attack on a Hindu temple. However, Prothom Alo, the leading Bengali-language daily newspaper in Bangladesh, found that the attack took place at an Awami League office near the temple.

Many Indian and Bangladeshi Hindu news websites have reported the estimated death toll as the number of Hindus attacked or killed in the protests. The Bangladesh Hindu Buddhist Christian Unity Council reported that in the days following Sheikh Hasina’s resignation, there were at least 2,010 incidents of violence against Hindus, such as attacks on Hindu temples, houses, and businesses. These statistics have yet to be corroborated.

Hundreds of India-based X accounts circulated posts using hashtags such as #AllEyesOnBangladeshiHindus and #SaveBangladeshiHindus. Many of these posts included inflammatory language, hate speech directed toward Bangladeshi Muslims, misleading photos and videos, as well as false statistics.

Bangladesh has had a difficult time refuting disinformation spread by Indian mass media due to the sheer strength of India’s press sector. India currently has over 500 million satellite channels and 70,000 newspapers, making it the biggest newspaper market in the world. Bangladesh has a comparatively weaker press sector, having around 3,000 printed media outlets.

This is also partially fueled by the stronger presence of social media in the lives of the Indians than for Bangladeshis. India has the highest number of Facebook, X, and Instagram users in the world. All of these platforms are known for being hubs for misinformation. According to a study conducted by the World Population Review , as of 2024, India boasts approximately 467 million social media users. Bangladesh has roughly 53 million social media users.

Additionally, language barriers have hindered the visibility and reach of Bangladesh’s media. India has many newspapers and magazines printed in both Hindi and English while Bangladesh has far fewer newspapers printed in both Bangla and English.

According to a study by the WPR, India also has around 265 million English-speaking citizens while Bangladesh only has 29 million. This indicates that there are far more English-speaking journalists for India’s press sector. It is for these reasons that Western audiences are far more likely to be impacted by Indian news.

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By Deodat Maharaj
GEBZE, Türkiye, Dec 11 2024 – Africa, the world’s youngest continent is brimming with creativity, talent and innovation. With more than 60% of its population under the age of 25, Africa’s youth are fueling entrepreneurship and job creation across the region.

Over the past five years, the number of businesses and start-ups has grown by 20% with 2021 seeing a record US$2.15 billion in tech investments. There are now more than 1,000 tech hubs across Africa catalysing digital, social and economic transformation and rewriting its development narrative. This is the story of Africa’s future, brimming with optimism.

Despite challenges, sub-Saharan Africa has made remarkable progress towards digital transformation. A World Bank report cited a 115% increase in Internet users between 2016 and 2021 while 191 million additional Africans made or received a digital payment between 2014 and 2021. 

Africa’s cities are also the fastest-growing and youngest in the world – and changing rapidly. This urbanisation coupled with The African Continent Free Trade Area (AfCFTA), the world’s largest free trade zone in terms of number of countries, create unparalleled opportunities for development and economic integration, according to the African Development Bank.

Harnessing Africa’s demographic dividend for economic growth

Across the continent, young entrepreneurs are tackling deep-rooted development challenges in sectors from healthcare and education to agriculture and finance:

Rwanda has just launched a HealthTech accelerator hub. This accelerator aims to advance health innovations across Africa to solve some of the continent’s health challenges, particularly in low-income and underserved communities. Etudesk, a Côte d’Ivoire-based Ed-Tech company, is an interactive platform designed to make professional training more accessible.

The platform offers a wide range of online courses in Business, IT, Economics, Civil Engineering, and Sciences. In Uganda, a young woman engineer has designed a backpack with solar-powered torches, so that students are able to study at night.

In Botswana, Brastorne Enterprises connects nearly 5 million underserved Africans across four countries to vital information using a suite of products that deliver internet capabilities to feature phones.

Mobile money platforms are flourishing with Africa hosting nearly half of the world’s mobile banking services and accounts. Zambian fintech company eShandi is on a mission to serve millions of unbanked adults in sub-Saharan Africa by leveraging artificial intelligence and mobile technology to break down traditional banking barriers, such as credit history checks.

It’s recently expanded its services to Kenya, South Africa and Zimbabwe and is a clear example of how technology has enabled communities in developing countries to leapfrog traditional service infrastructure.

As one commentator noted: ‘Banks’ customers don’t need face-to-face contact in Africa because they’ve never had it.’ Money transfer not only benefits individuals – it also benefits business and unlocks new forms of economic growth.

Technology, the enabler

Inclusive technology has the power to transform the lives of Africa’s 1.48 billion citizens and the potential to eradicate poverty. It can help bridge the education divide and expand access to healthcare. It can boost economic growth and foster new employment opportunities. And it can promote greater transparency in governments and improved public sector productivity – all good news for investors.

Yet there are very real barriers to overcome. Less than 40% of Africans have broadband internet access and rural areas are poorly served, while inadequate infrastructure and high data costs restrict connectivity. The global average for internet access stands at 66.2%.

In Least Developed Countries (LDCs) , the average smartphone costs 95 per cent of an average monthly income, making online access inaccessible to most.

The continent also faces a skills gap and gender disparity, with women disproportionately excluded from digital opportunities. The International Finance Centre estimates that some 230 million jobs in Sub-Saharan Africa will need digital skills by 2030. Closing these gaps is not just an opportunity, it’s an imperative for Africa.

Policy and partnerships

If the continent is to capitalize on its youthful entrepreneurship, it needs a policy environment that fosters and quickly delivers digital infrastructure development. It also requires focused investment in education with curricula integrating science, technology, engineering and mathematics and exposure to frontier technologies at an early age.

Partnerships are vital too, including with companies and universities both within the region, and internationally. Centres of excellence, which link academia and business also have an important role in promoting local solutions and creating that vital link between research and industry.

There are excellent best practices in Africa and in the Global South, so it is about time they start connecting and collaborating on a systematic basis. Of course, establishing and deepening partnerships with Centres of Excellence in the developed world will continue to be important.

Achieving these goals call for scaled up financing and collective effort from governments and development partners with business playing a vital role. Support to young entrepreneurs in the tech sector must be accorded a high priority since they have already demonstrated that even with the deck stacked against them, they can deliver innovation, creating jobs and opportunities for the continent.

Looking ahead, policy makers have a clear choice. Either it is business as usual or create the environment with incentives to let youth and innovation deliver on the promise of Rising Africa.

Deodat Maharaj is the Managing Director, United Nations Technology Bank for the Least Developed Countries and can be reached at: deodat.maharaj@un.org

IPS UN Bureau

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