Ranking : South Africa, Egypt, and Nigeria Lead African Countries with the Most Millionaires

Henley & Partners’ 2024 report reveals the surge of wealth in Africa, with 135,200 millionaires, 342 centi-millionaires, and 21 billionaires. Thriving sectors like fintech and ecotourism drive this growth, with countries like Mauritius and Rwanda at the forefront. Traditional wealth markets like South Africa and Egypt see declines, while countries like Namibia and Morocco experience remarkable growth. Here are the top 10 African countries in terms of millionaires.

Here is the ranking of the top 10 African countries with the most millionaires:
South Africa (37,400)
Egypt (15,600)
Nigeria (8,200)
Kenya (7,200)
Morocco (6,800)
Mauritius (5,100)
Algeria (2,800)
Ghana (2,700)
Ethiopia (2,700)
Namibia (2,300)