Africa’s middle class conundrum

Many Africans want big cars, big houses, engage in leisure activities and buy luxury goods. FILE PHOTO | NMG

With the emergence of ‘Africa Rising’ narrative, came the related rise of interest in the ‘newly forming’ African middle class.

To be clear there are various definitions of this demographic group, but I think the most realistic definition is those who earn between Sh850,000 and Sh4 million a year.

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Note: The results are not exact but very close to the actual.