The World Bank estimates the global finance gap (the amount required to allow businesses to realize their potential) now stands at $5.7 trillion worldwide, rising to $8 trillion if informal businesses like mom-and-pop traders or flea market stands are included. In Africa, a massive, resource-rich region that has yet to realize its full potential, the finance gap is over $400Bn for the informal economy which drives 80% of the continent’s GDP. This has created a crisis of inequality on the continent that urgently requires business-friendly government intervention.
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