Quote by David Miliband

The biggest opportunity in 2013 is in Africa. It has seven out of the ten fastest-growing economies in the world. In Nigeria alone there are 100 million people with mobile phones. In total, 300 million Africans - five times the population of Britain - are in the middle class.


The biggest opportunity in 2013 is in Africa. It has seven o

Summary

This quote highlights the immense potential for economic growth and business opportunities in Africa in 2013. With seven of the world's fastest-growing economies, the continent is seen as a promising investment destination. The reference to Nigeria having 100 million mobile phone users underscores the widespread adoption of technology, which can serve as a catalyst for various sectors like e-commerce and financial services. Furthermore, the mention of a rapidly expanding middle class, totaling 300 million people, emphasizes the increasing consumer purchasing power across Africa, making it an attractive market for businesses targeting this demographic.

Topics

Time
By David Miliband
Liked the quote? Share it with your friends.

Random Quotations