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Africa’s Thriving Middle Class Offers Opportunities To Investors

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AFRICANGLOBE - Africa's burgeoning middle class is providing a boost to demand for consumer goods, and is offering attractive investment opportunities for investors, says financial services firm KPMG.

Africa’s Retail Industry Spending To Hit $1.3 Trillion By 2030

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AFRICANGLOBE - In recent times, the retail industry in Africa – Nigeria in particular – has seen tremendous growth, and its combined spending power has been said to reach an all time high of $1.3 trillion by 2030.

Africa Must Get Real About China Ties

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AFRICANGLOBE - Nigeria, a country with a large domestic market of more than 160m people, spends huge resources importing consumer goods from China that should be produced locally. We buy textiles, fabric, leather goods, tomato paste, starch, furniture, electronics, building materials and plastic goods. I could go on.
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