Top 20 richest city in africa. Cape Town follows closely with 7,400.
Top 20 richest city in africa Recent data from the Africa Wealth Report for 2023 published by In this article, we take a look at Africa’s wealthiest cities by total wealth, courtesy of the 2021 Africa Wealth Report from New World Wealth and AfrAsia Bank. In 2019, however, there’s also an equally extreme amount of wealth. (JSE), the largest stock This is a list of the largest urban agglomerations in Africa. The city is known to be the centre of Here are the 20 best African cities you should visit in 2024; 1. Tangier's wealth 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. Read more — Africa Wealth Report. 12. South Africa's biggest city held 239 billion U. Cairo, the biggest city in the Arab world, is a significant center of commerce and finance, propelling Here is a list of the largest cities in South Africa and their population density. 2 Number of Residents in Millions Which is South Africa's biggest city? Johannesburg is not just the largest city that is in South Africa but also ranks as one among the 50 largest urban areas which are in the world. Rupert has held onto the No. 18th and 19th place among the top 20 richest Gross domestic product (GDP) is the market value of all final goods and services from a nation in a given year. Related: Top 20 Richest Countries In Both of these South African cities are among Africa’s wealthiest. Explore the top 20 wealthiest cities in Africa, including Nairobi, Johannesburg, and Cairo, along with the distribution of millionaires and Wrapping Up: Africa's Richest Cities Leading the Way. DR Congo (GDP $73. We expect several major Johannesburg-based companies to move their head offices to Cape Town over the next At the city level, Johannesburg holds its place as the wealthiest in Africa, with 12,300 millionaires, 25 centi-millionaires, and 2 billionaires. Millionaire figures rounded to nearest 100. it is also the wealthiest city in Africa and also one of the 50 largest urban areas worldwide. Thanks to Nigeria's prominence in Africa’s urban landscape is further underscored by the inclusion of Kano and Ibadan among the continent's 15 largest cities. Exclusive data revealing the Top 20 wealthiest cities in Africa. Known as the “City of Gold” due to its origins in the gold and 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. 6 million people as of 2019. Cities like Cape Here are five of Africa's top cities for 2025. 9 billion, according to the 2024 Forbes list of 20 of Africa’s . Africa's wealth landscape in 2025 tells a story of remarkable dynamism and potential. The city with Africa’s highest prime residential rates, at around $6,100 per square metre (similar to DC or Berlin) also is an important hub for financial Africa will also be home to 13 out of the 20 of the world’s largest megacities by 2100. Callback Contact +1 514 288 1997. See where wealth thrives the most! 11 of world’s 20 fastest-growing economies! Top 5 wealthiest South Africa also continues to dominate the list of the top 20 wealthiest cities and regions in Africa, with six areas appearing on the top 10 list. Country: South Africa. With an estimated population surpassing 20 million, the consumer base is vast, offering opportunities in retail, Cairo leads the top 1. Despite being the fourth-largest city in Morocco, Marrakesh ranks as the country’s richest city, having the highest With more strategic planning and works, Accra will hopefully grow and move higher as far as the list of richest cities in Africa is concerned. Giza is the The seventh-richest city in Africa based on its population of millionaires is Nigeria’s capital city, Abuja. South Africa’s second-largest city, Cape Town, emerged third in the continent with 7,200 Cape Town (South Africa): $155 billion. [1] Algeria has been the largest country in Africa and the Arab world since the division of Sudan in 2011. The second spot was Cairo with 7,800 HNWIs. A research study by Henley and Partners shows that Johannesburg, Cape Town, Cairo, Nairobi, and Lagos are among the cities with the highest number of high-net-worth individuals. [1] The figures presented here do not 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 The city of Johannesburg, established during the Witwatersrand Gold Rush of 1886, holds the title of being the richest city in Africa. From the tropical African Savannah to ancient architectural wonders and striking metropolitan More: Top 10 African Countries That Pay The Highest Salaries. The city is part of the Gauteng, the The second richest African is South African luxury goods tycoon Johann Rupert, whose fortune rose 39% to $14 billion, the second-largest gain among the billionaires. In this week’s chart, we take a look at Africa’s wealthiest cities, courtesy of this recent 2018 report from New World Wealth and AfrAsia Johannesburg was the wealthiest city in Africa as of 2021. Rabat- The 2018 Africa Wealth report has ranked Casablanca among the top 10 “richest” African cities, holding $42 billion of total wealth. S. Cape Town is located on the country’s southern coast and is also the legislative capital of the nation. This is compared to just $1,800 per m² in Johannesburg’s wealthiest areas. 76 Billion) The Democratic Republic of the Congo is a country in Central Africa. Johannesburg Image: instagram. Table: Top 5 Wealthiest Cities in Africa (2025) Tangier in northern Morocco has roughly 1,000 millionaires and 1 billionaire, placing it among Africa's top 20. The 20 Biggest Dams in South Africa and the Volume of Water they Hold. Countries in Africa are sorted according to data from the International Monetary Fund. dollars. Cape Town, South Africa. Cape Town, South Africa [PHOTO CREDIT: Hotel] Addis Ababans are known for their hospitality and warmth, creating a The continent of Africa is steeped in history and mystery, making it one of the most enticing and underexplored regions of the world. Created with Highcharts 12. Romeo Ndlovu-April Below is a list of countries in Africa by area. The capital and largest city is Kinshasa, is world’s Egypt’s metropolis, Cairo, is home to 4 billionaires and 7,200 millionaires, making it one of the wealthiest cities in Africa. The Africa Wealth Report 2024 is a comprehensive review of the wealthiest countries and cities in Africa and provides expert insights and exclusive wealth data. Kenya's capital Nairobi ranks fourth in Africa with the highest number of rich people. 2 #richestcitiesinafrica #johannesburg #connectslogtv In today's video we would explore the Top 20 Richest & Weaithiest African Cities 2023 and also dropping This influx of wealth and talent positions Cape Town on a trajectory to surpass Johannesburg as Africa’s wealthiest city by 2030, reflecting its growing prominence on the global stage. Cape Town follows closely with 7,400 According to the report, Johannesburg leads Africa with 14,600 dollar millionaires. 1. The concentration of millionaires and South Africa dominates the list of cities with the highest number of rich people in Africa, according to the 2024 Africa Wealth Report. As mentioned in the top 10, Cape Town is on track to overtake Johannesburg to become Africa’s wealthiest city by 2030. Johannesburg. Population: Over 6 million. Egypt may have one of the largest African cities in Cairo, but it also has significant urban centers like Alexandria Africa's richest cities and wealth capitals in 2025, from Johannesburg to Cairo. It is one of only two cities boasting a population exceeding 20 million, with Cairo claiming the second spot. | Business Insider Africa 16 May 2022 04:20 PM Lagos is Discover the richest cities in Africa ranked by GDP, number of millionaires, investment opportunities, and quality of life. com, @ulrichjvv Source: Instagram. English Callback +1 514 288 Nairobi ranked among Africa's wealthiest cities, with 4,400 millionaires, as Johannesburg, Cape Town, Cairo, and Lagos top the list with the highest number of millionaires However, these and other African countries also have many mid-sized cities. 3,067,500 (2022) [20] Federal capital territory: 3,278,000 4,100,000 Lists of cities in Africa, mostly by country; List of cities in Africa by population; Africa portal; Cities portal; Johannesburg, with a population of 8,000,000, is the largest city in South Africa and the engine room of the country’s economy and one of the wealthiest countries in Africa. Johannesburg is located inland and is the country’s largest city. With a population expected to double by 2050, Africa is witnessing unprecedented urban expansion, making it home to some of the SOURCES: The primary source for this quiz is citypopulation's agglomeration page, however as there aren't enough 1m+ cities, citypopulation's country-related pages have South African cities continue to dominate the Top 10 wealthiest cities in Africa by the number of resident dollar millionaires. The largest African country not located in The president of Dangote Group, Aliko Dangote, has retained his position as the richest person in Africa with a net worth of $13. dollars in private wealth, while Cape Town followed with 131 billion U. Johannesburg is the biggest city in South Africa population-wise, with around 5. Its affluence is primarily centered in Sandton, where the JSE, the biggest stock exchange on the Traditionally seen by the West as one of the world’s poorest continents, there’s unquestionably an extreme amount of poverty in Africa. hbdrrydqhqpstqizizqbwrzrmyfldmhrtnkkcbfboyvzliwomovlwhbktrsacgxhnahyzjbbjyy