In the IMF publication Finance and Development, Calestous Juma writes:
The new African middle class will flourish in knowledge centers that are connected to the global economy. The seeds of such growth can be found in places like Ikeja, the nascent computer-based industrial district of Lagos, and emerging knowledge-based industries such as Nigeria’s movie production network (“Nollywood”) will produce a new crop of entrepreneurs ready to shape the character of the next generation of middle-class Africans.More here
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