South Africa tops the checklist of the High ten wealthiest international locations in Africa by way of resident high-net-worth people by some margin.
That is in line with the Africa Wealth Report by Henly and Companions which covers the last decade from 2012 – 2022.
TOP TEN WEALTHIEST COUNTRIES IN AFRICA
South Africa could also be one of the crucial unequal international locations on this planet by way of wealth and different components however topping the checklist of wealthiest international locations comes as no shock because the nation boasts among the continent’s richest folks comparable to CAF President and mining magnate Dr Patrice Motsepe, businessmen Johann Rupert and Nicky Oppenheimer amongst others.
In response to the report, the ten wealthiest international locations in Africa collectively account for 56% of the continent’s high-net-worth people and over 90% of the continent’s billionaires.
Notably, the overall high-net-worth particular person numbers in Africa have fallen by 12% over the previous decade (2012 to 2022). Efficiency was constrained by poor development within the three largest African markets, South Africa, Egypt, and Nigeria.
“Rwanda was the highest performing market in Africa in the course of the interval, with millionaire development of 72%, adopted by Mauritius, the Seychelles, Uganda, and the Democratic Republic of the Congo. Morocco and Kenya’s high-net-worth particular person populations additionally grew solidly.”
ALSO READ: LIST: Africa now has 18 dollar-billionaires – together with FIVE South Africans!
HERE’S HOW THE COUNTRIES RANK
South Africa
Egypt
Nigeria
Kenya
Morocco
Mauritius
Algeria
Ethiopia
Ghana
Tanzania
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