Africa's rising middle class amid plenty and extreme poverty

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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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