The “Africa Wealth Report 2018,” provides insights
on wealth trends in African nations over the past 10 years, with projections
for the next 10 years. The report says total individual wealth held in Africa
currently amounts to around $2.3 trillion.
The report titled, “Africa Wealth Report 2018,” was
conducted in collaboration with The AfrAsia Bank.
- Johannesburg
Total wealth: $276 billion. Major
sectors: Financial services (banks), professional services (law firms,
consultancies), construction, telecoms and basic materials.
Wealth: $155 billion. Major
sectors: real estate, financial services (fund management), retail and tourism.
Total wealth: $140 billion. Major
sectors: real estate & construction, financial services and basic
materials.
Total wealth: $108 billion. Major sectors:
basic materials, real estate & construction, telecoms, transport and
financial services.
Total wealth: $55 billion. Major
sectors: real estate, finance, healthcare, construction, retail and transport.
Total wealth: $54 billion. Major
sectors: financial services, real estate & construction, retail, tourism,
FMCG, telecoms and basic materials.
Total wealth: $49 billion. Major
sectors: real estate & construction, transport and basic materials (oil
& gas).
Total wealth: $48 billion. Major
sectors: basic materials, manufacturing and financial services.
Total wealth: $42 billion. Major
sectors: basic materials, manufacturing and financial services.
- Accra
Total wealth: $38 billion. Major
sectors: basic materials, manufacturing and financial services.
Other African cities in the report include Abidjan,
Dar Es Salaam, Alexandria, Kampala, Windhoek, Abuja, Addis Ababa, Marrakesh,
Tangler, Lusaka, Maputo, Gaborone and Mombasa.