Informal Economy Development Forum Joins United Nations Global Market as Supplier, Promoting Employment and Local Manufacturing

South Africa – The Informal Economy Development Forum (IEDF) is proud to announce its new collaboration with the United Nations Global Market as an official supplier. Through this partnership, IEDF aims to bolster employment opportunities through innovative recruitment services and drive the growth of local manufacturing industries, thus fostering economic development in South Africa and beyond.

The informal economy is a vital component of any nation’s economic landscape, comprising various unregistered and self-employed individuals who contribute significantly to the overall workforce. IEDF recognizes the immense potential of this sector and seeks to empower its participants through various initiatives.

Key Objectives of the Partnership:

Employment Generation: IEDF, in conjunction with the United Nations Global Market, will introduce specialized recruitment services tailored to the unique needs of the informal economy. By bridging the gap between job seekers and employers, IEDF aims to increase job opportunities and enhance the livelihoods of countless individuals.

Local Manufacturing Promotion: The partnership aims to support and strengthen the local manufacturing sector. IEDF will work with enterprises in this domain to enhance their production capabilities, improve product quality, and expand their market reach. By doing so, the initiative seeks to boost local economies and reduce dependency on imports.

Ms Yolanda Van Dyk, Director of IEDF, expressed her excitement about this significant collaboration, stating, “Joining forces with the United Nations Global Market is a remarkable milestone for IEDF. We are determined to leverage this platform to create meaningful impacts on employment and local manufacturing. Our efforts will empower countless individuals in the informal economy, providing them with access to sustainable livelihoods and greater economic security.”

Through this collaboration, IEDF envisions a future where the informal economy is recognized as a dynamic and crucial aspect of the national economy, fostering inclusive growth and shared prosperity. By supporting job creation and local manufacturing, the partnership will contribute significantly to achieving the United Nations Sustainable Development Goals (SDGs).

About Informal Economy Development Forum (IEDF):

IEDF is a non-profit company dedicated to uplifting the informal economy and creating a conducive environment for its growth. Through research, advocacy, and strategic partnerships, IEDF aims to empower individuals in the informal sector by providing them with resources, training, and opportunities for sustainable livelihoods.

For media inquiries and further information about IEDF, please contact:

Keziah Zachariah

Media Manager

media@iedf.org.za

www.iedf.org.za