This archive report was first published on 20 September 2019.
As the economy struggles to stay afloat, it's hard not to notice the stark contrast between those who are barely scraping by and those who are living the high life. A recent drive-by observation revealed that some individuals are enjoying the finer things in life, despite the economic downturn.
It's no secret that recessions can be a great time to make money, or perhaps becoming a public officer is the way to go – just kidding!
But in all seriousness, the countries with the most millionaires in Africa are:
South Africa
Egypt
Nigeria
Morocco
Kenya
Angola
Ghana
Ethiopia
Tanzania
Cote d’Ivoire
According to a report by Afrasia Bank, these countries have the highest number of high-net-worth individuals in Africa.
Source: Afrasia Bank
