That is the view of the African Development Bank (AfDB), who state in a new report that one-third of Africa's countries have gross domestic product (GDP) growth rates of more than six percent.
The report highlights that the continent's middle class is growing rapidly with around 350 million Africans now earning between $2 and $20 a day, while the share of the population living below the poverty line in Africa has fallen from 51 percent in 2005 to 39 percent in 2012.