A new McKinsey Global Institute (MGI) report, Urban World: Cities and the rise of the consuming class, analyses the massive wave of urbanization that is propelling growth across the emerging world in the coming decades. The research expands MGI analysis of the top 2,600 cities globally, building on firm statistics which includes demographics, household structure,… Continue reading Cities and the Rise of the Consuming Class
Tag: McKinsey
The Internet’s transformative potential in Africa
McKinsey has published research showing that following a decade of rapid urbanization and strong economic growth, Africa is going digital. While just 16 percent of the continent’s one billion people are online, that picture is changing rapidly. The report examines the progress and potential of the internet in 14 economies that together make up 90%… Continue reading The Internet’s transformative potential in Africa
The Geography of Business
I am spending my Saturday at the Park Inn Hotel in Sandton, the business district of Johannesburg. The Park Inn Hotel is a comfortable but anonymous place. If I did not look out the window, where I see construction work, the signs of a booming business economy, this place could be just about anywhere in… Continue reading The Geography of Business