The Future of Entrepreneurship in Africa

Chapter 3Challenges and Prospects of Informal Entrepreneurs in Ghana: Lessons from Agbogbloshie Market

Gertrude Mensah

DOI: 10.4324/9781003302339-3

Contents

Introduction

Literature Review

Informal Entrepreneurship

Literature Review

Institutional Theory and the Informal Economy

Motivation Factor for Informal Sector Participation

Challenges within the Informal Sector

Prospects of Informal Entrepreneurship

Research Methodology

Results and Discussion

Findings

Reasons for Informal Participation

Menial Nature of the Job

Temporary Nature of the Business

Low Self-Esteem

Challenges Faced by Informal Entrepreneurs in Accra

Constant Harassment from City Authorities

Invasion of Counterfeit Goods

Informal Institutions – A Challenge?

Curbing the Challenges ...