Skip to navigation
Skip to main content
Migration Dialogue provides timely, factual and nonpartisan information and analysis of international migration issues through five major activities: the newsletters Migration News and Rural Migration News, Changing Face and other Research & Seminars, and the Sloan West Coast Program on Science and Engineering Workers.
Contact us at firstname.lastname@example.org.
Africa may be at the dawn of a new economic age, with growing exports fueling a new middle class. The so-called Africa Rising story is based on assertions that 350 million Africans were in the middle class in 2010, ten times more than the 32 million estimated by the OECD, which put the African economy's purchasing power on par with the Canadian economy. The African Development Bank, on the other hand, defines middle class as having an income of $2 or more a day, and says that middle class means being able to buy more than necessities.
University of Texas Professor Vijay Mahajan popularized the notion that Africa is rising in a 2009 book, Africa Rising: How 900 Million African Consumers Offer More Than You Think. Mahajan argues that up to a third of the 1.1 billion Africans can be considered middle class and that, despite many problems, there is more hope than despair across a continent where 40 percent of residents are under 15.
There are many challenges, including a population increasing by 20 million a year and an urban population increasing twice as fast, by 40 million a year.