Top 10 richest city in africa. G overnment funds are not included in the evaluation.
Top 10 richest city in africa This also considers property holdings, primary housing, and many other criteria. The richest cities in Africa are ranked by evaluating the private wealth of the residents. Sep 19, 2018 · Johannesburg is one of Africa's richest cities in terms of the number of high-wealth individuals. Apr 16, 2024 · Africa’s millionaire population is projected to increase by 65% by 2033, fueled by key industries such as fintech, eco-tourism, software development, rare metals mining, green tech, media and entertainment, and wealth management. With their rich wealth in human and natural resources, African cities have significantly expanded and developed in terms of the economy and other developmental aspects. 4 202nd FAQS for Most expensive cities to live in Africa Where is the most expensive city in Africa? Dakar is the most expensive city in Africa, with a cost of living index of 47. The city's excellent location in the Witwatersrand hill range, a region rich in minerals and the hub of a highly profitable diamond and gold trade, is the reason for its enormous prosperity. 2. Johannesburg - Also known as Joburg, the South African city is considered the wealthiest city in Africa with an estimated wealth of $248 billion (about Sh214 trillion). Top 10 Richest Cities in Africa Investment migration consultancy Henley & Partners has published its annual ranking of African cities with the most wealthy residents in its Africa Wealth Report, in collaboration with New World Wealth. List of African countries by GDP (PPP) per capitaThis is a list of African countries by gross domestic product (GDP) per capita based on purchasing power parity (PPP). Aug 11, 2024 · South Africa has 5 contenders in Africa’s Top 10 Most Expensive Cities, including Plettenberg Bay (2,400 per m2) and Hermanus (2,300 per m2) Mar 5, 2025 · Cities like Cape Town and Grand Baie boast luxury real estate, attracting affluent investors. Apr 29, 2024 · Here are the top richest cities in Africa, ranked by the number of resident millionaires, revealing a diverse tapestry of wealth and economic dynamism across the continent. #youtubeshorts #trending #shortsLive TV from 100+ channels. Mar 30, 2025 · Africa, the world’s second-largest continent, is a treasure trove of natural resources and cultural diversity. Top 10 Richest Cities in Africa 1. This reflects Africa's diverse economy, where luxury and hardship coexist, showcasing multifaceted economic landscapes. SOUTH Africa has emerged as the standout nation in Africa’s latest wealth rankings, with six of its cities dominating the continent’s top 10 list of the richest urban centres. Note that the list does not include Mayotte and Réunion, which are both geographically part of Africa but politically overseas departments and regions of France Do you know what is the richest city in Africa? If not, you’re in luck, since in this post, we’ll talk about the top 10 richest cities in Africa. Apr 12, 2023 · The city of Johannesburg, established during the Witwatersrand Gold Rush of 1886, holds the title of being the richest city in Africa. GDP (PPP) per capita is given in international dollars. However, there are also average and low-income areas in South Africa, though this post contained only the high-income areas. Explore the top 10 richest cities in Africa for 2025, based on GDP, millionaire population, and economic strength. No cable box or long-term contract required. Read more in the Africa Wealth Report 2024. City Mayors ranks the world’s largest and richest cities and urban areas. Apr 4, 2023 · Investment migration consultancy Henley & Partners has published its annual ranking of African cities with the most wealthy residents in its Africa Wealth Report, in collaboration with New World Discover the top 10 richest cities in Africa in 2025 by total wealth, key industries, millionaire population, and investment hotspots across the continent. Discover which urban centers are leading the continent's economic transformation. All other assets, property equity, cash, and business interest are counted as less than obligations. The four Southern African cities topped the list with a combined Aug 28, 2023 · African countries are famous for their beautiful landscapes and rich culture. Jan 10, 2023 · Learn about the 20 Richest Cities in Africa and how they grew their wealth. Apr 14, 2022 · The wealth report ranks the wealthiest cities in Africa considering private wealth held. 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. The Jemaa el-Fnaa marketplace in the Moroccan Imperial city of Marrakesh is an old key to the trans-Saharan trade. Johannesburg The richest city in South Africa is Johannesburg, and it is said to be home to over 14,500 millionaires. It boasts an impressive count of approximately 12,300 millionaires, positioning it as Africa’s wealthiest city. Explore the wealthiest cities in Africa based on GDP, economic growth, and investment opportunities. [1] The figures presented here do not take into account differences in the cost of living in different countries, and the results can vary greatly from one Welcome to The Africa Economic Express! Buckle up for a fast-paced, eye-opening journey through Africa's wealthiest cities in 2025, where tech empires rise, luxury real estate reigns, and private May 9, 2021 · 1. Discover Africa’s wealth hubs from Johannesburg to Accra. In this article, we will explore the top 10 wealthiest cities in Africa, which are driving economic growth and development on the continent. its also perceived as a poor continent with Do you know what is the richest city in Africa? If not, you’re in luck, since in this post, we’ll talk about the top 10 richest cities in Africa. See how oil, gold, finance, tech, and trade are shaping the future of the continent Cities (metropolitan areas) by percentage of national GDPThis table contains only the first metropolitan area from a given country by GDP. Data for countries is from List of countries by GDP (nominal) (IMF). 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. Jun 14, 2022 · Africa is often thought of as a continent full of poverty, but this simply isn’t true as we would look at the top 10 wealthiest cities in Africa and our previous article also shows that Africa is indeed a blossoming continent. Jul 21, 2025 · 5. Expert insights by Savory & Partners on Africa's wealthiest urban centers. Apr 5, 2023 · In collaboration with New World Wealth, investment migration consultancy Henley & Partners has published its annual ranking of African cities with the wealthiest residents in its Africa Wealth Report. Africa is considered as an underdeveloped continent with poor infrastructure and modern amenities. In the same year, Beijing overtook New York as the world’s billionaire capital as half of the top 10 billionaire cities are now in China. Data for metropolitan areas is as in the previous section of this article. In recent years, the continent has experienced rapid economic growth, and its cities have emerged as key players in the global economy. Oct 4, 2018 · Long the most developed nation on the continent, South Africa – with four of Africa’s ten richest cities – continues to be the economic engine of Africa’s southern half. Apr 5, 2023 · Johannesburg (14,600) The city of Johannesburg, established during the Witwatersrand Gold Rush of 1886, holds the title of being the richest city in Africa. Cape Town follows with 8,500, while Cairo ranks third at The Top 10 Richest Billionaires in Africa 2025 showcase the diversity of wealth creation on the continent. Jul 22, 2024 · Africa’s top five wealth markets—South Africa, Egypt, Nigeria, Kenya, and Morocco—account for 56% of the continent’s millionaires and over 90% of its billionaires. . In this article, we will explore the top 20 richest cities in Africa, based on factors such as GDP per capita, economic activity, and quality of life. 5 trillion, the continent paints a picture of economic 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 5, 2025 · These days, you should probably add “home of the 2nd richest city in Africa” to the list. This report ranks the continent’s wealthiest cities based on the number of resident high-net-worth individuals (HNWIs), defined as those with a net worth of USD 1 million or more. According to the 2019 wealth report compiled by AfrAsia Bank, four of the top ten positions have been taken by cities from South Africa. According to this year’s analysis of private wealth on the continent, these are the top 10 richest Dec 15, 2022 · Top 10 Richest Cities in Africa The top richest cities in Africa consist of the cities which have ranked highest against the metrics we use to measure wealth which are its assets like infrastructure, revenue, equities, and businesses. Feb 20, 2023 · In the top ten wealthiest cities in Africa, South Africa alone accounted for four cities (Johannesburg, Cape Town, Durban and Umhlanga, and Pretoria). Here is the list of the top 10 wealthiest cities in Africa in terms of the number of dollar millionaires (high-net-worth individuals or HNWIs), according the Henley & Partners 2024 Africa Wealth Report. Apr 7, 2025 · Top 10 Richest Cities in Africa 1. The report defines the "total wealth" of a city as the personal wealth held by all the individuals living in it. Aug 23, 2024 · The top 10 richest and wealthiest cities in Africa 2024 #explore #africa #african Kilindini Harbour in Mombasa, Kenya 's historical, second largest city, is its gate to the Indian Ocean trade. From the banking corridors of Johannesburg to the tech hubs of Nairobi, Africa's richest cities showcase the dynamic transformation happening across the continent. As you’d expect of such a massive metropolis, it’s got a fair share of extreme poverty, unemployment, and deprivation. Mar 21, 2025 · Africa's urban landscape is evolving rapidly, with cities across the continent becoming powerhouses of wealth creation and economic growth. 0 Unported — C Sep 15, 2019 · For a long time, South African cities have dominated the top 10 list of Africa’s richest cities. Often referred to as the “City of Gold,” Johannesburg is a dynamic and economically vibrant metropolis located in Gauteng province. Thanks to rapid growth in the core sectors of tourism, finance, construction, and real estate, however, there’s an immense quantity of money tied up in some of Feb 20, 2024 · Top 10 Richest Cities In AfricaThe big wigs and money bags in terms of cities on the African landscape. From Dangote’s cement empire to Rupert’s luxury goods, Oppenheimer’s diamonds, Sawiris’s global investments, and Motsepe’s mining ventures, Africa’s billionaires are shaping industries and influencing economies worldwide. 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 As a result, some cities have emerged as the wealthiest in Africa, with bustling economies and high standards of living. Nairobi Kenya, Lagos Nigeria, Accra Ghana, Cape Town South Africa, Luanda Angola, Cairo Egypt, Pretoria South Africa, Johannesburg South Africa, Durban South Africa and Casablanca Morocco top the Insights into the wealthiest cities in Africa and the cities to watch. Exclusive data revealing the Top 20 wealthiest cities in Africa. Read Also: 10 Cities In South Africa – Most Beautiful These top nine richest provinces in South Africa are rated as such because of the median household income pooled by those cities into the national economy. The top ten cities came from Southern Africa (four cities), Northern Africa (two cities), and West Africa (two cities), while Central Africa and East Africa have a city each. Johannesburg, South Africa May 16, 2022 · In 2020, the world gained 493 new billionaires—approximately one every 17 hours. #africarising #africa #uk #usa Discover Africa’s wealthiest cities in 2025 — from Accra to Johannesburg. Its affluence is primarily centered in Sandton, where the JSE, the biggest stock exchange on the continent, and the headquarters of many major African banks and corporations are located. From Aug 12, 2025 · Africa's richest cities and wealth capitals in 2025, from Johannesburg to Cairo. Aug 28, 2025 · According to The Africa Wealth Report 2025 by Henley & Partners, Johannesburg leads as Africa’s wealthiest city with 11,700 millionaires. The following is a list of the 100 largest cities in Africa by urban population using the most recent official estimate. G overnment funds are not included in the evaluation. Here are the 10 wealthiest cities in Africa with the most millionaires (USD) in 2024 1. Africa’s economy has been improving over the last two decades as African governments are trying to focus more on infrastructure in African countries and improving the quality of life. Cairo is a huge, sprawling city that ranks as the largest city in the Arab world and the 15th largest in the world. On a city level, Johannesburg remains Africa’s wealthiest city, with 12,300 millionaires, 25 centi-millionaires, and 2 billionaires. These cities are the ones that have the presence of the most millionaires, billionaires, and other high-net-worth individuals. Top 10 Richest Cities In South Africa 1. What are the richest cities in Africa? Johannesburg, Lagos, Nairobi, Casablanca, Pretoria, Luanda, Accra, and Durban are the wealthiest cities in Africa. The report, compiled by Henley & Partners and New World Wealth, highlights African cities with the highest number of millionaires, centi-millionaires (individuals worth over $100 million), Aug 29, 2025 · The Africa Wealth Report 2025, published by Henley & Partners in partnership with New World Wealth, is out. See where wealth thrives the most! Oct 16, 2025 · A city’s wealth can be established by the wealth of the people living in it. Since the turn of the century, African leaders have been working hard to improve Africa stands as a hub of growing cities and untapped potential, showcasing wealth narrative driven by aspiration. The city’s economic strength is deeply rooted in its mining industry, particularly gold Feb 8, 2024 · Top 10 richest cities in Africa Investment migration consultancy Henley & Partners has published its annual ranking of African cities with the most wealthy residents in its Africa Wealth Report, in collaboration with New World Wealth. It also ranks the cities in individual countries, and provides a list of the capital cities of some 200 sovereign countries The Africa Wealth Report 2025 is a Apr 18, 2023 · n this article, we are going to explore the top 10 richest cities in Africa. With 135,200 millionaires, 342 centi-millionaires, and 21 billionaires collectively holding investable wealth totaling $2. Host of the number 1 Pan African Podcast Maneza F8, Brings to you episode 97 of FKU Africa Podcast with the Top 10 richest cities in Africa, Multi-millionaires, and number of Billionaires each city. Luxembourg City-Trier is partially in France but only Luxembourg's national GDP is considered. This list is, however, not always the same as several factors may influence events that could lead to change. Jul 10, 2025 · Private investable wealth in Africa 2011-2023 Richest people in Africa 2023 Wealth per capita in Africa 2021, by country Number of millionaires and billionaires in Africa 2023 List of African countries by GDP (nominal)Gross domestic product (GDP) is the market value of all final goods and services from a nation in a given year. Dec 16, 2024 · Africa's 10 richest cities revealed - six are in the same country One country dominated the list, with one of its cities boasting the "richest square mile" on the continent. Cancel anytime. Feb 16, 2023 · South Africa's largest city, is at the top of the list, with a wealth of around $248 billion. 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. Top ten richest cities in Africa#country #documentary #cities #accra #casablanca #pretoria #paarlroyals #franschhoek #nairobi #durban #lagos #cairo #capetown African countries are famous for their beautiful landscapes and rich culture. Below is a list of the top 10 richest cities in Africa. Apr 29, 2024 · Africa stands as a hub of growing cities and untapped potential, showcasing a wealth narrative driven by aspiration. Mar 25, 2025 · Discover the richest cities in Africa ranked by GDP, number of millionaires, investment opportunities, and quality of life. Here are the top 10 Richest cities in Africa 2023. In this article, we will talk about the top 10 richest cities in Africa in 2023. Read more — Africa Wealth Report. With 135,200 millionaires, 342 centi-millionaires, and 21 billionaires #youtubeshorts #trending #shorts Here are the top 10 richest cities in Africa 2025Music: Dreams by Scandinavianz / scandinavianz License: Creative Commons — Attribution 3. Countries in Africa are sorted according to data from the International Monetary Fund.