Richest city in africa The top 10 wealthiest cities in Africa, including Johannesburg, Cape Town, Cairo, Lagos, Durban, Nairobi, Abuja, Pretoria, Casablanca, and Accra, are driving economic growth and development on the continent. Lagos, Nigeria 馃嚦馃嚞. Here are five of Africa's top cities for 2025. Mar 30, 2025 路 Conclusion. Cape Town, South Africa ($155 billion) Jan 10, 2023 路 The Richest Places in Africa. According to the report, Nairobi hosts a significant number of millionaires and billionaires, with 4,400 residents possessing a net worth of US dollars one May 3, 2023 路 Cape Town, South Africa Cape Town, South Africa. It is also one of the cleanest cities in Africa. Africa’s 22 billionaires saw their fortunes rise to a total of $105 Apr 5, 2023 路 The city of Johannesburg, established during the Witwatersrand Gold Rush of 1886, holds the title of being the richest city in Africa. Jan 26, 2024 路 According to the real estate company Seeff Property Group, nine of South Africa’s most expensive suburbs are in Cape Town, with only one suburb representing Johannesburg, making Cape Town the place to be for those with deep pockets. Cape Town, South Africa. Africa’s two wealthiest cities are in South Africa. May 29, 2024 路 Johannesburg holds the title of Africa’s economic powerhouse as it is the richest city in Africa. Mar 29, 2023 路 South African cities continue to dominate Africa’s top ten wealthiest cities in terms of resident dollar millionaires. Johannesburg is the wealthiest, with a total private wealth of US$239 billion, while Cape Town in second place has a total private wealth of US$131 Dec 29, 2024 路 Johannesburg’s cumulative wealth sits at around £187 billion ($235 billion) and tops Africa’s chart for richest city. Apr 4, 2023 路 Find out which African cities have the most millionaires and billionaires, according to a report by Henley & Partners and New World Wealth. Cape Town follows with 7,400 millionaires, 28 centi-millionaires, and 1 billionaire. Similar articles are available on the Stats SA website and can be accessed here. Johannesburg, South Africa 2. 4. 185. He is the founder and chairman of Dangote Cement, the largest cement producer in Africa, owning 85% of the company. Apr 23, 2024 路 Nairobi Kenya, Lagos Nigeria, Accra Ghana, Cape Town South Africa, Luanda Angola, Cairo Egypt, Pretoria South Africa, Johannesburg South Africa, Durban South Jul 26, 2024 路 About Press Copyright Contact us Creators Advertise Developers Terms Privacy Policy & Safety How YouTube works Test new features NFL Sunday Ticket Press Copyright Feb 8, 2022 路 The Statista Global Business Cities has identified and ranked the top business cities in Africa, with Egypt's Cairo coming out on top of the cities selected for analysis. What is the wealthiest part of Africa? Africa is frequently depicted as a continent endowed with natural resources but plagued by pervasive poverty. Most of its wealth is attributed to diamond mining. Related: Top 10 Richest Football Clubs in Africa Nov 9, 2023 路 Africa, the cradle of humanity, abounds with resources and youth, yet grapples with economic challenges. Other South African cities Dec 26, 2024 路 With a population expected to double by 2050, Africa is witnessing unprecedented urban expansion, making it home to some of the fastest-growing cities in the world. Apr 18, 2024 路 Dar ranked 85th richest city globally, 12th in Africa Business Apr 19, 2023 Two South African cities Johannesburg (12,300) and Cape Town (7,400) lead in the number of dollar millionaires in Africa with followed by Cairo with 7200, then Nairobi with 4,400 and Lagos completes the Top 5 with 4,200 millionaires. The city ranked 137 globally in the top 1,000 cities and 4th in Africa, with a ranking score of 5. It’s home to 8,200 HNWIs, 440 multi-millionaires and 29 centi-millionaires. While Cape Town is by far the best looking, all or most of the head offices and big corporations are situated in Johannesburg. The report provides a comprehensive review of African private wealth, including trends in high-net-worth individuals, luxury, and wealth management, as well as expert insights on Jan 9, 2023 路 The city’s estimated net worth is about $35 billion in the nation owing to the huge amount of wealthy people residing in the city. The city, which is the capital of Gauteng province, has a total of 12,300 high-net-worth individuals (HNWIs), according to the 2024 Africa Wealth Report published by Henley & Partners. Apr 16, 2024 路 The city’s diverse economy spans finance, mining, manufacturing, technology, and services. Henley and Partners, a strategic advisor to sovereign states, put together a list of the cities on Jun 24, 2024 路 In this article, I will take you on a journey through some of the richest and most developed cities in Africa, as well as the safest and most beautiful ones. 10 wealthiest cities in Africa in 2024 1. 2. dollars. Sep 28, 2018 路 1. Mar 28, 2023 路 The table below shows the richest cities in South Africa: Johannesburg is considered the wealthiest city in Africa, and its most prosperous area is the suburbs surrounding the Sandton City Sep 12, 2018 路 These are the richest countries in Africa. Jul 11, 2024 路 Is Johannesburg the richest city in Africa? Johannesburg was the wealthiest city in Africa as of 2021. Johannesburg tops the list, followed by Cairo, Cape Town, Lagos, and Nairobi. has a significant trade between imports and exports because it is one of Africa's busiest and largest ports. Image: Visual Capitalist. 9 billion in 2022. The city is certainly one of the richest cities in Africa. Cairo has five billionaires and 480 millionaires. The city has a vibrant tech startup scene, a robust financial sector, and a growing creative industry. A total of 51 of the 96 cities surveyed will register a 50% population growth. Johannesburg, South Africa South Africa has always been the most prosperous country in Africa Johannesburg is traditionally considered the wealthiest city on the continent. East Pretoria’s Waterkloof is the most expensive area in Gauteng. So, it has the continent’s biggest stock exchange and a staggering 12,300 millionaires. Lagos, Nigeria. Africa’s economic landscape is rapidly changing, and its cities are at the forefront of this transformation. Henley Global’s “The Africa Wealth Report”, breaks down the African cities with the most millionaires, centi-millionaires (individuals with $100 million or more), and billionaires. See the full ranking and the future millionaire-magnet cities and regions in Africa. Cape… Jul 8, 2024 路 These are the richest municipalities in South Africa – based on the average taxable income per resident (read here). Major sectors in the city include financial services (banks) and professional services (law firms, consultancies). Most of Johannesburg's wealth is concentrated in Sandton, home to the JSE (the largest stock market in Africa) and the head offices of most of Africa's largest banks and corporates. Apr 16, 2024 路 The Africa Wealth Report 2024 is a comprehensive review of the wealthiest countries and cities in Africa and provides expert insights and exclusive wealth data. I no blame you, na who never go space dey talk say Earth na the only world. Johannesburg was the wealthiest city in Africa as of 2021. Mar 12, 2025 路 South Africa's capital city, Cape Town, and Kenya's capital, Nairobi, are among the top five richest cities in Africa. In these cities, you will come across folks with a wealth of $1 billion or more, as well as individuals with a wealth of $1 million or more. Jul 30, 2022 路 Which is the Best Capital City in Africa? According to Knight Frank’s Africa Horizons Report 2021/22, Nairobi, the capital of Kenya, is the best city in Africa. FAQS for Most expensive cities to live in Africa. TheRichest. By Emily Wright, World News Reporter. 2. 5B. 2 million people, hosts 14,600 high net-worth individuals. Jul 22, 2024 路 On a city level, Johannesburg remains Africa’s wealthiest city, with 12,300 millionaires, 25 centi-millionaires, and 2 billionaires. Joburg is the richest city in South Africa with M Oct 29, 2024 路 By 2030, Cape Town is expected to overtake Johannesburg as the richest city in Africa, making it a preferred retirement destination for the European and African wealthy. At city level, Johannesburg maintained its place as the wealthiest in Africa, with 12 300 millionaires, 25 centi-millionaires, and two May 21, 2020 路 Read Also: 10 Stereotypes About South African Girls That Aren’t Always True Camps Bay is the top richest suburb for R20 million homes in the country, with 170 properties. Mar 29, 2025 路 It was a banner year for Africa’s billionaires, whose cumulative wealth surpassed $100 billion for the first time ever. Furthermore, this wealth brings about a vibrant city experience with opportunities to explore the luxurious Sandton district. 4 trillion Dar es Salaam, Tanzania’s colonial city, boasts of 1,200 richest individuals, while Kigali, Rwanda, one of the fastest-growing cities in Africa, has 800 high-net-worth individuals. A significant number of the wealthy in the city reside around Sandton City Shopping Centre, often referred to as “the richest square mile in Africa. Located at the base of Table Mountain and right on the Atlantic Ocean, Cape Town has it all. Aug 6, 2022 路 The city hosts more billionaires (four) than any other city in Africa. Casablanca Jun 13, 2021 路 Egypt and Nigeria are the most populated countries and dotted with many cities. Centi-millionaires are worth $100 million or more. Within this vast nation, several cities have emerged as centres of economic prowess, generating substantial wealth and contributing to the overall development of the country. Cape Town, South Africa — 7,400 millionaires. Johannesburg, South Africa Johannesburg, often referred to as the "City of Gold," is not only South Africa's largest city but also its most affluent. Like most cities around the world, the wealthiest have exclusive neighbourhoods. Lagos, Nigeria 6. Cairo, Egypt 4. There are 4,200 HNWIs. South African cities ranks as the top richest cities on the continent, with Johannesburg and Cape Town holding the most HNWI wealth among the major cities covered Jul 19, 2023 路 The wealthiest cities in Africa provide the most potential for investment and capital growth because they create markets for purchasing and selling goods on the continent. Sign in now. The Richest Man in Africa. Dangote is worth approximately $13. Apr 17, 2024 路 South Africa's Johannesburg city has the highest number of rich people in a ranking that traces dollar-millionaires in African cities or districts. Durban - Located on the East coast of South Africa, it is the busiest point in the country. From the bustling streets of Johannesburg, where 12,300 millionaires thrive, to the scenic landscapes of Cape Town with 7,400 affluent individuals, these urban centers drive economic growth. Apr 24, 2023 路 The wealthiest cities report reveals that Johannesburg, South Africa’s most populous city with 6. The report, published by South-African research firm Apr 24, 2024 路 The city hosts the biggest stock exchange in Africa– the Johannesburg Stock Exchange (JSE). Sep 30, 2024 路 Africa is a continent rich in culture and resources and is also home to some of the wealthiest cities globally. Originally founded in 1886 during the Gold Rush, it has evolved into a diversified economy with finance, real estate, and technology sectors. The spot has a long Rank Country GDP (PPP) per capita (2023 int'l dollars) [1]; 1 Seychelles 41,180 2 Mauritius 29,882 3 Libya 24,196 4 Botswana 19,260 5 Gabon 18,862 6 Equatorial Guinea 18,395 7 Aug 20, 2021 路 Sandton, Africa’s ‘Richest Square Mile,’ Offers a Wide Range of Luxury Homes and a Bustling Economy. This is the 4th South African city to rank among the top 10 richest cities in Africa marking south fracas as one of the most prosperous countries in Africa. bncjv wssyci lnsly rxraz hmzosqn unfbto xbcnn nmlti hcazg kfds bwxup ijdyws wqwyi xtv ysaui