African financial sector’s billion-dollar blind spot

Africa’s largest economic grouping is the informal sector, which regularly turns over billions of dollars and is often the largest employer, but it is largely ignored by formal financial structures. Of this grouping, often undocumented, forcibly displaced persons form a considerable segment. They generate almost $30bn annually and participate in over 50% of the labour […] The post African financial sector’s billion-dollar blind spot appeared first on New African Magazine.