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Should African entrepreneurs target the few affluent or the many low-income consumers?

Should African entrepreneurs target the few affluent or the many low-income consumers?

A Harvard Business Review article suggests the road to entrepreneurial success in Africa goes through affluent consumers, but it's not particularly convincing.

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Emeka Ajene
Aug 22, 2020
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Afridigest
Afridigest
Should African entrepreneurs target the few affluent or the many low-income consumers?
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Afridigest provides ideas & analysis for startup founders, operators, and investors across Africa and beyond. 

If you’re new, welcome 🙌 — you’ll generally receive 2 weekly Afridigest emails: an original essay 
(on Saturdays at 7pm-ish Lagos time) and the weekly digest (every Monday at ~12 noon Lagos time). For past essays and digests, visit the archive.

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