According to Euromonitor International report, rising urban income in Aba, Ibadan, Maiduguri, Ilorin, Lagos, Kaduna, Abuja, Kano, Port Harcourt, and Benin, will play major roles in middle-class growth across the region.
Kenya’s Kisumu, Mombasa and Nairobi, are projected to take the lead in household income growth in the sub-Sahara.
However, due to low living standards, their income increase is expected to fall short of producing the kind of middle-class growth seen across the leading cities in the region.
Johannesburg, Pretoria, Abuja, and Lagos are all expected to outstrip Kenya’s top cities in middle-income growth.
According to the report, an additional 600,000 households in Abuja will join those already earning more than $10,000 with 2015 to 2030.
Lagos, Johannesburg, and Pretoria are expected to see an additional 500,000, 400,000 and 300,000 respectively join the middle class. Click to signup for FREE news updates, latest information and hottest gists everyday
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