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The rapid expansion of Angola’s middle class

CNBC Africa, September 25, 2014

Angola's retail sector is set to grow by eight per cent in 2015 due to the country's rapidly expanding middle class.

This is according to investment bank, Eaglestone, who have estimated that the Angolan retail sector will increase from 28 billion US dollars in 2014 to 30 billion US dollars next year, making up 21.3 per cent of the country's GDP, up from 15 per cent in 2002.

http://www.cnbcafrica.com/news/southern-africa/2014/09/25/angola-retail-sector/