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Africa’s rising middle class amid plenty and extreme poverty

Discussion Paper 167

October 2014

Kingombe, C. 2014. Africa's rising middle class amid plenty and extreme poverty. (Discussion Paper 167). Maastricht: ECDPM.

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Key messages

  • With the emerging middle class, Africa is poised to become the next global economic powerhouse.
  • Not to omit the context of both a fast rise of rich and wealthy individuals in Africa.
  • The poor classes still constitute the overwhelming majority in almost all the African countries.
  • Neither the ‘Africa rising’ narrative, nor its opposite, can quite describe the continent’s 54 trajectories.

Read Discussion Paper 167

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Trade, investment and financeEmerging Players in AfricaDiscussion Papers (series)Africa

External authors

Christian Kingombe