Tag: middle class

Kuku Foods secures opening of first KFC franchise in Rwanda

With the steady rise of the middle class in Rwanda, international brands are now setting up shop in the country to get a piece of the pie. Derrick Van Houten, Group Managing Director of Kuku Foods East Africa Holdings Ltd joins CNBC Africa on the recent opening of the first KFC outlet in Rwanda.

Why the private sector’s hype about the African middle class isn’t helpful

Henning Melber | University of Pretoria The African middle class is of huge interest to business. This was confirmed again recently by well attended seminars in South Africa’s big cities to discuss “African Lions:...

White monopoly capital: good politics, bad sociology, worse economics

Even if we query the integrity of the term, its introduction into South Africa’s contemporary discourse is indisputably good for the country’s politics.

Nigeria: Finding opportunities where others fear to tread

A few years ago investors were very excited about investing in Africa outside of South Africa.