Consumer spending in African countries to hit $2.4 trn in 2020

By Eromosele Abiodun McKinsey and Company has projected that consumer spending in Nigeria and other major economies on the African continent will increase from $1.8 trillion (N358.2 trillion) in 2013 to $2.4 trillion (N477.6 trillion) in 2020. McKinsey is a global management consulting firm that serves leading businesses, governments, non- governmental organisations, and not-for-profits. McKinsey in a study entitled, ‘Africa: […]

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