The Foreign Direct Investment (FDI) into the Federal Republic of Nigeria in 2022 turned negative to -$187 million as a result of equity divestments, reports ITREALMS.
Disclosing this, the World Investment Report 2023 published recently, ITREALMS gathered that FDI flows to Africa also declined to $45 billion in 2022 from the record $80 billion set in 2021, which also accounted for 3.5% of FDI globally.
Talk to any peacebuilder trying to disseminate an alternative, complex narrative about a conflict, and they’ll tell you a version of the same thing: the odds are stacked against peace on social media platforms. It’s always been an uphill battle, but these days it feels like there’s no countering the digitally amplified hate and division.
You don’t even have to be a peacebuilder: this message probably resonates intuitively. We all know online toxicity is a problem. So what would it take to unstack these odds? Over the past months, I’ve been doing some thinking about this question as part of Ashoka’s Next Now initiative. The result is this paper, which in essence argues that online polarization should be seen as a negative externality of surveillance capitalism, just like carbon is a negative externality of industrial capitalism — and as such, it should be taxed.
