Financial Crisis What to Focus On | What to Focus On |
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| Financial Crisis - Emerging Africa | |
I f home-based workers and street vendors are those of the largest sub-groups of the informal workforce in many African countries, professionals also
participate in the informal sector.Work and revenues generated in the informal sector are not reported in official statistics when they exist, and so informal sector work is not part of GDP or
national measures of work or employment.
It comprises people who are self-employed in small or unregistered enterprises or earning wages without contracts, as occasional workers. The challenge for african leaders will be not to deny the facts as something inherent to the continent way of conducting businesses,but to figure out a way to take advantage of that existing workforce and manage to deal with in a more proactive prospect.
EducationAs it is obvious that economic development should be accompanied by initiating real social spendings to increase healthcare, education, and housing, rather than seeking economic growth in models that have proven failing in many countries.
Investments StabilityFinding out new forms of self governance that will stay away of ideology, stabilize governments and ultimately tend to attract more business activities. This will need a new kind of government and policies that only a new dawn of assumed leadership can create.
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