The informal economy absorbs a large proportion of the workforce on the continent. Workers in the informal economy on average have lower earnings and face higher risks than workers in the formal economy. As such, many have called for formalizing the informal sector. However, over-regulation of the formal economy, a lack of appropriate regulation in the informal economy, and complicated bureaucratic procedures have left these workers, largely women and youth, without the social protection and job security that ‘decent work’ promises. This panel will consider a range of policies that aim to tackle the issue including; reducing the red tape, securing property rights, creating incentives for taxation, and increasing access to social and legal protection. To effectively incorporate the contribution of informal workers in the economy, it is crucial to take the non-legal elements, such as the existing social norms, market and policy bias, and self-regulatory.