AFRICA IS A COUNTRY

Philippe Sibelly

Tuesday, May 10th, 2011

‘Africa’s burgeoning middle class’

At least 313 million Africans–that’s one in three Africans–can be defined as middle class, according to the African Development Bank. If you earn between $2 and $20 a day , working in “salaried jobs or own small businesses,” you’re middle class. But only 123 million of these–those who are spending between $4 and $20 a