CAPE TOWN, (Reuters) – Robust economic growth in Africa over the last decade has swelled the size of its middle class to a third of the continent’s billion-strong population, according to a report released yesterday.
The African Development Bank (AfDB) study said 313 million Africans could now be classified as middle class, compared with 151 million in 1990 and 196 million in 2000.
The figures are further evidence of the growing consumer clout of the poorest continent, although the AfDB did
