Cities and the Rise of the Consuming Class

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

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