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Africa's millionaire population to surge 65% by 2035, driven by Sub-Saharan economic growth.
The Africa Wealth Report 2025 forecasts a significant increase in Africa's millionaire population, expected to grow by 65% over the next decade, driven by robust economic growth in Sub-Saharan Africa.
Johannesburg leads as the wealthiest city with 11,700 millionaires, while Cape Town has the most centi-millionaires.
The report highlights Africa's appeal to international and local investors, with Mauritius seeing the strongest growth in high-net-worth individuals.
Despite political challenges, the continent's economic outlook remains positive, outpacing Europe and the US in projected growth.
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La población millonaria de África aumentará en un 65% para 2035, impulsada por el crecimiento económico subsahariano.