The scramble for Africans: demography, globalisation and Africa’s informal labour markets

Images of an 'African Boom' have presented us with labour markets full of dynamic potential: a declining dependency ratio; low levels of unemployment; and a vibrant middle class. This buoyant view of African labour markets conceals a less encouraging reality of catastrophic youth unemployment and expanding informality. How has the continent known for the world's highest share of informal labour become a beacon of prosperity? This article will explore the reality beneath the outbreak of informal economic optimism, and consider why African labour markets are being painted in such rosy colours.