Africa: How Big Is Africa's Middle Class?

3 November 2015
opinion

The numbers are in and indeed they confirm a long held speculation - Africa is sliding and at an awfully terrible speed.

In 2011, to be exact four years ago, the African Development Bank (AfDB) estimated more than 300 million Africans to be in the middle class but current statistics tell a different story.

...

AllAfrica publishes around 400 reports a day from more than 100 news organizations and over 500 other institutions and individuals, representing a diversity of positions on every topic. We publish news and views ranging from vigorous opponents of governments to government publications and spokespersons. Publishers named above each report are responsible for their own content, which AllAfrica does not have the legal right to edit or correct.

Articles and commentaries that identify allAfrica.com as the publisher are produced or commissioned by AllAfrica. To address comments or complaints, please Contact us.