Africa’s middle class is dramatically smaller than we think October 30, 2015
Posted by OromianEconomist in Uncategorized.Tags: #Africa: Why we are getting poorer when the official figures say we are getting richer, Africa is not rising, Africa's middle class
trackback
It is puzzling that Africa’s middle class remains small when wealth on the continent has grown quickly, more than doubling over the past 15 years to some $1.63 trillion. One reason is that Africa’s growth has not been distributed evenly—the continent’s richest, 0.2% of the population, control over 30% of the region’s wealth.
Source: Africa’s middle class is dramatically smaller than we think
OromianEconomist 
Comments»
No comments yet — be the first.