BRICS+ Series: How South Africa's Informal Sector is Reshaping the Economy

By Banthati Sekwala | Published Mar 7, 2025

South Africa's thriving informal economy, valued at R750 billion, is transforming townships and creating unprecedented opportunities. As BRICS partnerships evolve, a groundbreaking R3. 6 billion AfDB-Standard Bank initiative aims to revolutionise informal trade, potentially benefiting over 3 million SMMEs. Discover how this untapped economic powerhouse is reshaping South Africa's future.