Some brief thoughts on Ghana’s elusive middle class
Guest Blogger: Joeva Rock
Recent conversations around Ghana’s growing middle class have elicited excitement, despite the lack of agreement over a definition of what makes the group. For a country with socialist roots, the emergence (or perception) of a class system is at times controversial. While there is no doubt that class stratification persists in Ghana, a serious inquiry must be made into the question, does a class system actually exist?
An Africa Rising narrative has been emanating from Western and African investors who claim that sub-Saharan Africa (SSA) is the next frontier for economic investment and business. This new hype is largely attributed to a 2010 McKinsey Global Institute report which touted Africa ripe for new investment opportunities and high rates of return (McKinsey Global Institute 2010; Pitcher 2012: 163). Part of the Africa Rising allure is growing consumption capability and power across the continent, which analysts claim…
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