ABSTRACT
Minibus taxis are vital transportation options in African cities, despite their often unregulated and chaotic operational systems. Interestingly, the very communities that mainstream financial institutions aim to support remain marginalised across Africa, even after decades of transport infrastructure investments. This paper explores the shortcomings of current financial models in reaching these marginalised groups and examines the effects of disrupting informal structures and indigenous knowledge systems that have long sustained livelihoods for many Africans. Data were collected from taxi association organisations, complemented by policy document review, case studies, and direct observations, analysed through thematic methods. The results show that formalisation can disempower minibus operators by enforcing strict regulations, interfering with traditional investment practices, and escalating violence and corruption. The study underscores the tension between government-led modernisation claims and grassroots transport needs, noting that traditional systems have demonstrated greater innovation and flexibility in adapting to the changing landscape of transportation investments.
