February 12, 2025
South Africa, Egypt, Nigeria, Kenya, and Morocco have over 90% of Africa’s billionaires

Five African cities are home to more than half of the continent’s private wealth, with South Africa, Egypt, Nigeria, Kenya, and Morocco leading the way.The number of high-net-worth individuals (HNWIs) in Africa is expected to grow by 42% over the next decade, with investment migration gaining ground in the region.Mauritius is expected to see the highest private wealth growth rate at 75% over the next decade…
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