rvp20182:
obaboon I am great fan of self depreciating humour

R I P, once again grammar has failed you.
You should ask just40 to tell you the meaning of self-deprecating humour. There's nothing self-deprecating in what I've been writing.

Obaaderemi2:
R I P, once again grammar has failed you.
You should ask just40 to tell you the meaning of self-deprecating humour. There's nothing self-deprecating in what I've been writing.

🤣😂🤣

Kenyans were poorly educated and every time they embarrass themselves

https://www.youtube.com/watch?v=oxUT4WV9YVA

Just40:
🤣😂🤣

Kenyans were poorly educated and every time they embarrass themselves

That old boy is a proper monkey and a poor ambassador of Kenya's woeful education.

GeneralDae:

😄

The monkey didn't know that Zambia had any deal with the imf. Unknown to him what he sees the Zambian president doing are just imf backed reforms that would be reviewed by imf officers before the Zambia could qualify for the full imf package. See what the illiterate said earlier before you opened his eyes:

rvp20182:
Moro.n zambia have no imf deal.

Obaaderemi2:
That old boy is a proper monkey and a poor ambassador of Kenya's woeful education.

😂🤣

Unfortunately it's not just him, the others had even horrible education

One of the best communities to live in, in the western most part of Greater Accra
The collection of expensive beautiful mansion is beyond measure


https://www.youtube.com/watch?v=wBB_RBcVwX0

Just40:
Yes

It's quite credible and the African development bank got something similar 12 years ago except for the fact that in the world bank own for 2021, Kenya has retrogressed

Join the discussion on Twitter https://twitter.com/NaijaFlyingDr/status/1659165757589319685?t=0K9ZGf-2wZ14EH1WaqzDkg&s=19

There's a YouTube video with the breakdown on consumer markets

For people to be able to spend they need to have their basic needs sorted first...10$ in some african countries will only help you survive cos of how expensive basic amenities are...in other countries it will get u basic amenities and enough to spend on other foreign products...that why most companies are not going to cameroun over kenya...

Luzebox:

For people to be able to spend they need to have their basic needs sorted first...10$ in some african countries will only help you survive cos of how expensive basic amenities are...in other countries it will get u basic amenities and enough to spend on other foreign products...that why most companies are not going to cameroun over kenya...

the only companies going to Kenya are FMCG which depends on population size.

Those looking at the high earn market prefer Cameroon over Kenya based on the spending power except for their political issues hindering their growth

Just40:
Ghana hasn't given China any minerals or cocoa

Don't be desperate 🤣😂🤣

We are not Kenya

Liar!!!
Cocobod said Monday's loan, significantly less than the $1.5 billion secured last year, was oversubscribed by $130 million.

Ghana's parliament had approved a larger $1.3 billion loan at the end of July.

The loan's lead arrangers were Cooperative Rabobank, the Industrial and Commercial Bank of China (ICBC), DZ Bank, MUFG Bank, Natixis, Standard Chartered, the Arab Bank for Economic Development in Africa (BADEA) and the Ghana International Bank.

Just40:
Yes

It's quite credible and the African development bank got something similar 12 years ago except for the fact that in the world bank own for 2021, Kenya has retrogressed

Join the discussion on Twitter https://twitter.com/NaijaFlyingDr/status/1659165757589319685?t=0K9ZGf-2wZ14EH1WaqzDkg&s=19

There's a YouTube video with the breakdown on consumer markets

Lol no, people are poking hole in it, because it makes absolutely zero sense.

I’ve stayed in Cameroon before so I have an idea what I’m talking about, how can you compare Yaoundé with Nairobi.

In what magical universe?

Cameroon having that population with higher spending will have been translated in reality, there’s no such reality.

Just40:
the only companies going to Kenya are FMCG which depends on population size.

Those looking at the high earn market prefer Cameroon over Kenya based on the spending power except for their political issues hindering their growth

Are you serious right now, I have still not seen the world bank report on this.

It’s fictitious.

You think luxury market is bigger in Yaoundé than Nairobi?

You believe luxury market is bigger in Accra than in Lagos ?

Luzebox:

For people to be able to spend they need to have their basic needs sorted first...10$ in some african countries will only help you survive cos of how expensive basic amenities are...in other countries it will get u basic amenities and enough to spend on other foreign products...that why most companies are not going to cameroun over kenya...

That Data is false .


This is a credible data from AFDB.

It put the number as 17% for Nigeria and 13% for Ghana.

Shaytun:


Where’s the source for this?


I can’t believe Cameroon having a higher middle class than Kenya, and ghana having a higher middle class than Nigeria.

That’s just pure wishful thinking.

There are conflicting reports everywhere. It's why Africans generally must work on having
more accurate data.

For instance, Kenyan Central Bank just released data 2 days ago of Kenyans who hold 100,000 shillings (around 800 dollars) in their bank accounts and they increased in 2022 to 1.9 million people (4% of population).

If the Central Bank of Kenya is correct, then it would be impossible to have just 1.8 million people capable of spending 10 dollars daily.
I think that report just made their own wild guess and estimates based on so called monetary poverty rate.

Just40:
😂🤣

Unfortunately it's not just him, the others had even horrible education

The others are worse.

Shaytun:


That Data is false .


This is a credible data from AFDB.

It put the number as 17% for Nigeria and 13% for Ghana.

The data is not false

This AfDB own was done in 2011 the world Bank own is 2021

POKUASI2:

Liar!!!
Cocobod said Monday's loan, significantly less than the $1.5 billion secured last year, was oversubscribed by $130 million.

Ghana's parliament had approved a larger $1.3 billion loan at the end of July.

The loan's lead arrangers were Cooperative Rabobank, the Industrial and Commercial Bank of China (ICBC), DZ Bank, MUFG Bank, Natixis, Standard Chartered, the Arab Bank for Economic Development in Africa (BADEA) and the Ghana International Bank.

What has cocobod got to do with an aluminum deal ?

Or is it a reading problem that you have?

Shaytun:


Lol no, people are poking hole in it, because it makes absolutely zero sense.

I’ve stayed in Cameroon before so I have an idea what I’m talking about, how can you compare Yaoundé with Nairobi.

In what magical universe?

Cameroon having that population with higher spending will have been translated in reality, there’s no such reality.

Except they are not comparing Yaounde and Nairobi.

They are comparing the spending Capita of it residence and found out that Yaounde residents have more disposable income to spend at the upper middle class level hence businesses that look at pricing in the upper middle class range will most likely choose Cameroon for business than Kenya.

I've also been to Cameroon and I know they love to spend especially in the upper range to show class

Shaytun:


Are you serious right now, I have still not seen the world bank report on this.

It’s fictitious.

You think luxury market is bigger in Yaoundé than Nairobi?

You believe luxury market is bigger in Accra than in Lagos ?

Yes I'm serious

Go and watch the YouTube video, I've played with the world bank data before when I was demonstrating the middle class size of each country on this platform but I've forgotten the website. You can take the pain to search for it on this platform.

Yes and the world Bank says so, the last time we checked Nairobi middle class size, it was less than 5 million people so I'm not surprised that their upper middle class is only 1.8 million.

Yes I believe so as well, looking at the spending capacity of both countries in their respective currencies. Nigeria has the largest consumer market in Africa because the world bank place it middle class size at around 40 million people 23% of population and that of Ghana is 15 million people around 50% of population. But when they adjust the spending rate to target the upper middle class Nigeria gets 3 million and Ghana gets 5 million.

For now, it's the only credible data investors have on consumer spending to make their investment decisions.

GeneralDae:

There are conflicting reports everywhere. It's why Africans generally must work on having
more accurate data.

For instance, Kenyan Central Bank just released data 2 days ago of Kenyans who hold 100,000 shillings (around 800 dollars) in their bank accounts and they increased in 2022 to 1.9 million people (4% of population).

If the Central Bank of Kenya is correct, then it would be impossible to have just 1.8 million people capable of spending 10 dollars daily.
I think that report just made their own wild guess and estimates based on so called monetary poverty rate.

Yes the data is made base on monetary poverty rate and for the Central Bank of Kenya to prove them almost right by a slight margin of error using savings data and also prove AfDB right for giving Kenya 4% like their central bank got, I think there's something there.

Just40:
Yes the data is made base on monetary poverty rate and for the Central Bank of Ghana to prove them almost right by a slight margin of error using savings data and also prove AfDB right for giving Kenya 4% like their central bank got, I think there's something there.

Kenyan Central Bank says 4% of the population have up to 800 dollars and above in their Bank accounts. So logically, I believe people capable of spending 10 dollars should be higher in percentage.

GeneralDae:

Kenyan Central Bank says 4% of the population have up to 800 dollars and above in their Bank accounts. So logically, I believe people capable of spending 10 dollars should be higher in percentage.

I don't think they will be higher than that 4% because you can't spend what you don't have looking at the fact that Kenya says it has 100% bankable population.

So the 4% is just 4% and understandable considering AfDB give it upper middle class size as 4% 12 years ago

Shaytun:


Lol no, people are poking hole in it, because it makes absolutely zero sense.

I’ve stayed in Cameroon before so I have an idea what I’m talking about, how can you compare Yaoundé with Nairobi.

In what magical universe?

Cameroon having that population with higher spending will have been translated in reality, there’s no such reality.

How is it in Cameroon?

Many countries are expected to face hardship in the next ten years. Some might get there early.

Uruguay

Jamaica are already ending there . All thanks to ukraine- russia war

4% of adults. Not of population. For population times 4 or average household sizes.

GeneralDae:

Kenyan Central Bank says 4% of the population have up to 800 dollars and above in their Bank accounts. So logically, I believe people capable of spending 10 dollars should be higher in percentage.

Just spare us the verbosity - nobody believes a mad man - and share links.

Just40:
Yes I'm serious

Go and watch the YouTube video, I've played with the world bank data before when I was demonstrating the middle class size of each country on this platform but I've forgotten the website. You can take the pain to search for it on this platform.

Yes and the world Bank says so, the last time we checked Nairobi middle class size, it was less than 5 million people so I'm not surprised that their upper middle class is only 1.8 million.

Yes I believe so as well, looking at the spending capacity of both countries in their respective currencies. Nigeria has the largest consumer market in Africa because the world bank place it middle class size at around 40 million people 23% of population and that of Ghana is 15 million people around 50% of population. But when they adjust the spending rate to target the upper middle class Nigeria gets 3 million and Ghana gets 5 million.

For now, it's the only credible data investors have on consumer spending to make their investment decisions.

rvp20182:
Just spare us the verbosity - nobody believes a mad man - and share links.

lunatic

Screen grab is okay for you after all, your education is below par to understand anything.... Your comment above is even an indication.

It's fruitless to argue with a mad person like you. Go and argue with the world bank or AfDB. They all have similar facts

The calmest part of Lagos, away from the chaos.

It feels like Accra, here

https://www.youtube.com/watch?v=kCo55_pxDgY

Beautiful Accra

Amazing communities everywhere


https://www.youtube.com/watch?v=wZg3ALLaHrY

Just40:
the only companies going to Kenya are FMCG which depends on population size.

Those looking at the high earn market prefer Cameroon over Kenya based on the spending power except for their political issues hindering their growth

still not getting the point...you cant spend on luxury if u need 10$ to survive daily....cameroon is also quite expensive compared to kenya...same way you basically need 10$ to just survive in ghana daily...and people earning 10$ in nigeria can survive ,save and spend on other things...

Just40:
the only companies going to Kenya are FMCG which depends on population size.

Those looking at the high earn market prefer Cameroon over Kenya based on the spending power except for their political issues hindering their growth

When a company is trying to invest...they dont just look at how much people earn...they look at how much remains after people pay for basic amenities,tax etc..what is the point of earning 1000000$ if transport takes half that..and feeding and rent the remaining..u have nothing left to buy other things

Luzebox:
still not getting the point...you cant spend on luxury if u need 10$ to survive daily....cameroon is also quite expensive compared to kenya...same way you basically need 10$ to just survive in ghana daily...and people earning 10$ in nigeria can survive ,save and spend on other things...

You've still not understood what is being talked about, see how you're all around the place.

The world bank uses various spending levels from 1.9 dollars to 10 dollars to measure income levels in societies all around the world.

Go and learn the purpose of those measurements and come back, you'll gather an understanding of what is happening here