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Browsing: Friedrich Naumann Foundation for Freedom (FNF)
More than 66 per cent of total employment is Sub-Saharan Africa is from the informal sector, the International Labour Organization (ILO) has revealed, the biggest provider of employment in Africa.
Informal economies are typically characterised by low productivity and non-exportable goods and services.
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On the other hand, the sector also provides crucial livelihoods to the most vulnerable of the urban poor.
It is projected that the informal sector is likely to absorb many of the continent’s young employment seekers who are mainly today’s millennial digital natives – educated, learned and very adaptive to global trends.
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The Inter Region Economic Network (IREN) recently has held its 18th Africa Resource Bank Forum in Nairobi in collaboration with the Friedrich Naumann Foundation for Freedom(FNF), under the theme: “The Future of Africa’s Informal …