MiddleClass - eriinfo

Middle-class South Africa is ditching streaming for AI

eriinfo.com4 days ago06 mins

Subscriptions to AI tools are taking a growing share of consumer wallets, according to a new report by Discovery and Visa. Speaking at the launch of the Discovery SpendTrend 2026 report in Johannesburg on Tuesday, Lineshree Moodley, country head for Visa South Africa, said AI subscriptions nearly doubled in 2025, with 43% of Discovery Bank…

Africa

Africa: From Wealth to Inclusion – Pathways for Poverty Reduction and Middle-Class Expansion in Equatorial Guinea

eriinfo.com5 months ago05 mins

Malabo — new report from the World Bank Group finds that Equatorial Guinea stands at a decisive moment. The Equatorial Guinea Poverty and Equity Assessment, the first of its kind, finds that, in spite of the oil wealth that transformed this country into an upper-middle-income economy and one of the richest economies in Sub-Saharan Africa,…