There is immense wealth in Africa despite the continent’s contrasting realities. And the latest 2022 Africa Wealth Report provides a comprehensive review of tendencies of high-net-worth individuals as well as trends among the luxury market and wealth management.
The report reveals the wealthiest cities in Africa by total wealth, which refers to the private wealth held by all the individuals living in each city, including all their assets such as property. Cash. equities and business interests, less any liabilities.