On a continent where only 14.2% of workers have formal status, informality is not the exception. It is the economy. But Africa's mobile money revolution and demographic trajectory are rewriting the rules.
More than one billion informal workers. Over half the global informal workforce. The region where GDP growth and informality coexist at a scale that defies conventional development logic.
The 61% Reality: Understanding Global Informality and Formalization Velocity
The global economy has a structural blind spot. 2 billion workers are inside it. BASE1 introduces the measurement framework designed to track how fast that is changing.