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Africa: debating the role of informal sector

Wednesday, August 15th, 2007 @ 00:17 UTC

by Ndesanjo Macha

Countries:: none
Topics:: Business, Development, Finance

What is the role of informal sector in Africa's development?: “Namely, if there was a place that companies, organizations, governments, and individuals should direct there energies and resources for their benefit and for the continent’s where should it be-to Africa’s formal economies or to the continent’s informal economies?”

Posted by Ndesanjo Macha

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One Response to
“Africa: debating the role of informal sector”

August 15th, 2007 at 3:44 am
omodudu:
1
To the infromal sector with a goal to make them operate in a more formal manner. I do beleive that what will emerge in the New African economy is a market structure that will be informal enough for all to participate yet just formal enough for proper monitoring, support, taxation and acquiring data. We need the latter for sustainable growth and the former to jumpstart the New Africa.
Keep up the good work

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