Africa's rising middle class amid plenty and extreme poverty
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.
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