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.
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.
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