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Formalizing SMEs in Sub-Saharan Africa

Posted By Lauren Weiner, Aspen Institute, Monday, November 25, 2019
Updated: Monday, November 25, 2019

Formalizing SMEs in Sub-Saharan Africa
By Investisseurs & Partenaires

This report defines characteristics of "informality" in the context of labor and jobs and differentiates between how companies and employees are affected by informality.  Entrepreneurs and employees fear that benefits of formalization will not outweigh the costs spent to achieve it.  The report concludes that in the long term, improvements to fundamentals in the African business landscape, such as economic growth and improved training, will produce gradual but significant positive effects.

Read the full report here. 

Tags:  africa  sector publication  smes 

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