The 10 WEALTHIEST CITIES In Africa 2022 | Richest African Cities.

#africa #richestafricancities #wealthiestcitiesinafrica

The 10 WEALTHIEST CITIES In Africa 2022 | Richest African Cities.

According to Forbes' most recent estimate of billionaires from Africa, the continent's list of high net worth individuals is significantly bigger.

According to the Africa wealth report, private wealth in Africa amounts to around 2 trillion dollars as of December 20 20. According to the report, Africa has 22 billionaires, 80,000 multimillionaires, and an estimated 125,000 millionaires with a net worth of more than one million dollars.



According to numerous independent reports, the number is anticipated to grow in the coming decade.

The Africa Wealth Report, released annually by New World Wealth from a Mauritius-based average of banks, lists Africa's wealthiest cities in terms of private wealth held. According to the research, a city's total wealth is defined as the private wealth possessed by all of its residents, which includes all of its assets such as real estate, cash, equities, business interests, and so on.

According to the Africa Wealth Report, Africa's luxury business would generate 6.1 billion dollars in revenue by 20 20. South Africa has the continent's largest luxury sector, which is followed by Kenya and Morocco. Despite the continent's well-known challenges and image as a developing market, the luxury sector is still paying off, as Africa's total private wealth is predicted to increase by 30% by 2030, reaching 2.6 trillion dollars. This growth will be driven by strong growth in the billionaire incentive in fast-growing economies such as Ethiopia Mauritius, Rwanda, Kenya, and Uganda.

So where is all of this wealth located on the continent? Stick around as we will answer this question in our video today.

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Other Beautiful content you can watch on our channel.

WHY IS SOUTH AFRICA SO RICH? https://youtu.be/ZplB13Qt6nU

WHY IS NIGERIA SO RICH? https://www.youtube.com/watch?v=irHcy8gyv9w

WHY IS GHANA SO RICH? https://www.youtube.com/watch?v=nQ-AIWRRv5Y

Ongoing Multibillion-Dollar Projects In Africa: https://www.youtube.com/watch?v=7pGNMF-w_9Y

Ongoing Mega Projects In South Africa: https://www.youtube.com/watch?v=wg3M9xmXvqI

Most Impressive Mega Projects In Ghana: https://www.youtube.com/watch?v=jO6LelnI0yA


Best Business Ideas That Will create billionaires in Africa:https://www.youtube.com/watch?v=k0l8bwoq8Gs

Strongest Economies InAfrica: https://www.youtube.com/watch?v=Uf1mBofKwfE

How Morocco Secretly Rules The World: https://youtu.be/BX6HuiQb49A

Dangote's 14 Billion dollar Oil refinery: https://youtu.be/qSaCGHn8Lp0


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