Making Sense of Africa’s Middle Class — Standard Bank Definition.
Published in
1 min readSep 15, 2014
There has been a lot of talk about the African Middle class and looking at the amount of attention this issue has received, there is something there.
A few weeks ago, the Standard Bank released a new report mapping Africa’s middle class ecosystem, which went in contrary to what the African Development Bank (AFDB) had predicted in 2010. AFDB was very ambitious with their numbers but check out the chat below for a few select countries’ popupation, Standard bank projections 2014 and 2030 with AFDB’s 2010 report.
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