Menu Close

Articles on Africa Development Bank

Displaying all articles

A street trader looks out from his store in Cape Town, South Africa. Defining people who earn US$2 a day as middle class doesn’t make sense. EPA/Nic Bothma

Africa’s rising middle class: time to sort out fact from fiction

Some economists have touted the rising middle class as a panacea for Africa’s challenges. But a more realistic diagnosis of what makes up a middle class is needed.

Top contributors