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Half of Africa’s wealth is concentrated in just five countries, the ‘Big 5’

Africa is home to an estimated 21 billionaires and some of the world’s fastest-growing markets.

Total private wealth in Africa is estimated to be US$2.1 trillion, and 50% of that wealth is concentrated in just five countries: South Africa, Egypt, Nigeria, Morocco, and Kenya.

The latest Africa Wealth Report provides the most comprehensive review of the wealth sector in Africa, including trends among high-net-worth individuals, the luxury market, and wealth management.

The report also reveals that private wealth . . .

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