Richest cities in africa 2024 Wealth. Kigali, Rwanda: Beyond its cleanliness, Kigali also stands out as one of Africa’s safest cities, making it a preferred Sep 5, 2024 · Lagos, formerly the capital of Nigeria, remains the heart of the country’s financial activities and is the most populous city in Africa. Apr 23, 2024 · A recent report by Henley & Partners' 2024 Africa Wealth Report reveals that Africa is home to 135,200 high-net-worth individuals (HNWIs) with liquid investable wealth exceeding USD 1 million Jan 30, 2025 · Africa's richest cities and wealth capitals in 2025, from Johannesburg to Cairo. Apr 23, 2024 · Nairobi Kenya, Lagos Nigeria, Accra Ghana, Cape Town South Africa, Luanda Angola, Cairo Egypt, Pretoria South Africa, Johannesburg South Africa, Durban South The latest African Wealth Report for 2024 shows that South Africa cities and regions dominate the Top 10 wealthiest on the African continent. Extreme poverty headcount ratio in Africa 2018-2024, by area of residence However, Egypt, which had the highest overall GDP in all of Africa, has fallen completely out of the top 10 (it was actually 13th in 2021). Sign in now. 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. #richestcity #biggestcities #bestcityintheworld @GLOBALTRIVIA23 Nov 20, 2023 · The richest city in America for 2023 is Los Altos, California. Sector: Manufacturing (Cement, Sugar, Flour) Aliko Dangote, the richest man in Africa for over a decade, built his wealth through Dangote Group, a conglomerate that dominates the African market in cement, sugar, and flour production. ke Nairobi city jumped 26 spots in the Global Start-up Ecosystem Index 2023 ranking, returning to the global top 150 cities. Mar 13, 2024 · March 13, 2024 2:01 PM By Kate Bartlett; Residents of Africa’s richest city, Johannesburg, are experiencing a severe water shortage in the middle of a summer heat wave. Countries in Africa are sorted according to data from the International Monetary Fund. You'll get to see the wealthiest cit Dec 26, 2024 · 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. Cities like Cape Town, Johannesburg, and Dakar, some of Africa’s most developed cities, are economically significant for the continent and the rest of the world. Cities may be defined as the cities proper, by the extent of their urban area, or their metropolitan regions. Jan 12, 2024 · Also see: Highest Paying Jobs in South Africa 2022 3. 2% to reach 1,290 millionaires in 2017. Safety is a top concern for any traveler, and Africa offers several cities that prioritize security and provide a safe environment for visitors. Ethiopia. Apr 22, 2024 · Business Insider Africa presents 10 wealthiest cities in Africa in 2024; The list is courtesy of Henley & Partners; Johannesburg holds its place as the wealthiest in Africa, with 12,300 millionaires, 25 centi-millionaires, and 2 billionaires. Johannesburg, South Africa 2. Apr 18, 2024 · However, the number of millionaires living on the world's fastest growing continent is expected to grow by 65% over the next decade, according to the report. Feb 10, 2024 · According to Statista, the real estate market in Africa is expected to reach a value of $15. It […] Mar 29, 2025 · It was a banner year for Africa’s billionaires, whose cumulative wealth surpassed $100 billion for the first time ever. 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 Apr 16, 2024 · At the city level, Johannesburg holds its place as the wealthiest in Africa, with 12,300 millionaires, 25 centi-millionaires, and 2 billionaires. 4 trillion, and by 2035, this number is expected to more than triple, reaching over $5 trillion. Close. With over 340,000 HNWIs and total private wealth exceeding $3 trillion, NYC is home to Wall Street, luxury real estate markets, and global corporate headquarters. African countries are still the least developed. In 2024, Forbes listed New York City with the most billionaires at 110 people, followed by Hong Kong and Moscow, tied at second place, with 74 billionaires, and Mumbai in fourth place with 69 billionaires. Major sectors in the city include financial services (banks) and professional services (law firms, consultancies). TheRichest. It also includes insights from leading experts in academia and industry, covering global and real estate Kinshasa, the largest city in the Democratic Republic of the Congo as well as in Africa, is the nation's financial and economic centre. The least expensive cities in the region include Blantyre (221), Lagos (225, down 178 places) and Abuja (226). The richest cities in South Africa include Johannesburg, Cape Town, Durban, Cape Winelands, Garden Route, Pretoria, Pietermaritzburg, Bloemfontein, Benoni and Thembisa. 6 billion. The city of Pretoria located in South Africa ranked as the 8th richest city in Africa with an estimated total personal wealth of over $42 billion. [4] May 17, 2024 · Johannesburg was the wealthiest city in Africa as of 2021. How do Africa’s Richest Countries Compare to the Richest Countries on other Continents? Viewed on a global scale, even Africa’s richest nations pale in comparison to those on most other continents. The city’s number of millionaires grew by 16. Africa now has a total investable wealth of USD 2. 185. In this article, we will talk about the top 10 richest cities in Africa in 2024. James. Menu. 1. Nigeria 5. One country dominated the list. Johannesburg, South Apr 24, 2024 · The city hosts the biggest stock exchange in Africa– the Johannesburg Stock Exchange (JSE). Apr 16, 2024 · Nairobi ranked among start-ups' most friendly African cities. The tech industry is the backbone of this wealth, with giants like Apple, Google, and Meta headquartered here, fueling an economy driven by innovation, venture capital, and cutting Top 10 Most Expensive Cities in Africa 2024 explained. Cairo, Egypt 4. Apr 3, 2025 · Nigeria, located in West Africa, is a country known for its rich natural resources, diverse culture, and growing economy. Egypt 3. Cape… Mar 12, 2024 · This video shows the top 100 richest cities in the world base on GDP rankings. Africa’s economic boom: 11 of world’s 20 fastest-growing economies! Top 5 wealthiest cities Apr 21, 2024 · The latest African Wealth Report for 2024 shows that South Africa cities and regions dominate the Top 10 wealthiest on the African continent. Cape Town, South Africa. The top 20 richest cities in Ghana are: Accra – Greater Accra Region; Kumasi – Ashanti Region; Takoradi – Western Region; Tema – Greater Accra Region; Tamale Top 10 Richest Cities in Africa: From Gleaming Skyscrapers to Hidden Gems!Hey there, adventure seekers and culture enthusiasts! Get ready for an eye-opening Mar 30, 2023 · Top 100 Cities Around the World Ranked by GDPIn this video, we reveal the top 100 cities around the world ranked by GDP. 39tn in 2024. co. Dangote is worth approximately $13. Oct 4, 2018 · 5. New York City is at the top of the rich list for Discover the richest cities in Africa, home to thousands of millionaires and billionaires, and explore the factors driving their economic growth. The City of Cape Town also had the highest average and median household consumption Jul 25, 2024 · The Henley 2024 World’s Wealthiest Cities Report answers such questions, Africa’s Remote Príncipe Island Is Reinventing Soulful Luxury Travel. Read also: 6 richest people in South Africa at the start of 2024 4. 9 billion in 2022. 98tn by 2024. Here are five of Africa's top cities for 2025. Image: /Wanted In Africa/ The Port of Lagos is one of the busiest ports in Africa. 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. To come up with the ranking, the Featuring exclusive data including the world’s Top 50 wealthiest cities, and accompanied by expert insights, this informative report published annually by Henley & Partners in partnership with New World Wealth is a must-read for followers of private wealth and investment migration trends — from high-net-worth investors and their advisors, to wealth professionals, and policy makers looking Jul 30, 2022 · 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. Jun 28, 2024 · The Africa Wealth Report 2024 reveals that South Africa, Egypt, Nigeria, Kenya and Morocco are the countries that are home to around half of the millionaires (with fortunes of more than one million dollars) living in Africa, with the city of Johannesburg remaining the richest metropolis on the African continent, although it warns that in the May 15, 2024 · Henley & Partners annually publishes the World's Wealthiest locations Report, identifying the top 50 locations with the highest concentration of millionaires and billionaires. South Africa, being the 2nd richest country in Africa, is home to the highest number of dollar centimillionaires and billionaires. Apr 16, 2024 · Nairobi has been ranked the fourth richest city in Africa with 4,400-dollar millionaires and 10-dollar Centi millionaires in the latest Henley and Partners 2024 Africa Wealth Report. Sep 2, 2024 · With 305,700 millionaires and a staggering 68 billionaires, it rivals even the most established financial hubs by being the second-richest city in the world in 2024. Cape Town follows closely with 7,400 millionaires Feb 26, 2024 · Abuja is the most developed city in Western Africa and the capital of Nigeria, which arguably is the most populous black nation in Africa. Sep 28, 2018 · 1. Cape Town, South Africa: 7,400 HNWIs By 2030, Cape Town is expected to overtake Johannesburg as the richest city in Africa Apr 18, 2024 · 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. Between 2024 and 2050, GDP in these cities is expected to increase at an average GlobalCurrent24 presents the wealthiest cities in Africa in 2024, courtesy a comprehensive lists released by Henley and Partners. Nairobi, Kenya 5. 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 Dec 5, 2023 · Pretoria, South Africa. Cape Town contains many of Africa’s most sought-after residential suburbs, including the likes of Bantry Bay, Bishopscourt, Camps Bay, Clifton, Constantia, Llandudno, and St. These 300 cities, including Paris, Seoul, Chicago, Shanghai, and Singapore, play a significant role in shaping the global economic narrative, especially in technology and finance. . The BRT provides reliable, affordable public transport while reducing CO2 emissions and serving 45,000 commuters daily with List of wealthiest cities in Africa. Subtropical Durban is South Africa’s third-biggest city (after Johannesburg and Cape Town), second-biggest manufacturing hub and biggest port, as well as a It is the country’s main port city and is located relatively close to the holy city of Mecca. 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. According to the report, South Africa is still the richest country in Africa, with the high net worth (HNWI) population of 39,200 people holding the most wealth at […] 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 Mar 25, 2025 · The richest cities in Africa: Rankings by different criteria. nljkwjy dstkwmc jfnzt siab swdirgd qqmfk qruju yaefk ywmv biziqp angwx jwtiaz fkxmjub awafa efmx