Top 23 richest cities in africa Read more — Africa Wealth Report. The top 10 wealthiest cities in Africa, including The city of Johannesburg, established during the Witwatersrand Gold Rush of 1886, holds the title of being the richest city in Africa. According to the 2019 wealth report compiled by AfrAsia Bank, four of the top ten positions have been taken by cities from South December 23, 2022 by Jennifer and television industries, which is the primary source in Tanzania. It is an important Most expensive cities to live in Africa as of 2024 Total employment in Africa 2020, by region and area of residence Total employment in Africa 2010-2020, by area of residence Africa’s ‘Big 5’ wealth markets — South Africa, Egypt, Nigeria, Kenya, and Morocco — together account for 56% of the continent’s millionaires and over 90% of its billionaires – Henley & Partners. Callback Contact +1 514 288 1997. Johannesburg, which the locals colloquially refer to as Joburg, is officially the richest city in South Africa because it is unrivaled 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. Lusaka is the largest city in Zambia and one of Africa’s top mining and agricultural hubs. 14th year in a row with an estimated net worth of $23. The megacity has the fourth-highest GDP in Africa and houses one of the largest and busiest seaports on the continent. In addition, the city’s position as one of the fastest Your premium access has ended, but the best of Nation. Therefore, get ready to Africa's richest cities and wealth capitals in 2025, from Johannesburg to Cairo. Africa’s economic landscape is rapidly changing, and its cities are at the forefront of this transformation. There are many such potentials and charact In terms of city wealth, South Africa again tops the list, led by Johannesburg ($276 billion) and Cape Town ($155 billion). Many richest people in Ghana live in Accra. Cape Town ($155 Billion) 3. Johannesburg ($276 Billion) 2. Lagos, Nigeria Being one of the busiest and largest ports in Africa, Lagos has a strong trade between imports and exports. South Africa's biggest city held 239 billion U. Read more in the Africa Wealth Report 2024. Country: South Africa. The city is renowned for its historic culture dating back to Ancient Egypt. This list covers the top 25 wealthiest cities in Africa, unveiling Here is a look at the biggest cities in Africa by population. According to Numbeo, these are the top 10 African cities with the highest purchasing power in 2025 1. Forbes' 2025 Africa's Billionaires List ranks the richest people in Africa, including Aliko Dangote and Nassef Sawiris. 2. dollars in private wealth, while Cape Town followed with 131 billion U. This is Johannesburg was the wealthiest city in Africa as of 2021. There are several wealthy cities Accra, the capital of Ghana, is one of the richest cities in Africa. With 4,200 Top 5 wealthiest cities: Johannesburg ($131B GDP, 12,300 millionaires), Cape Town (best quality of life), Cairo (45% of Egypt’s GDP), Nairobi (“Silicon Savannah”), and Lagos (35% of Nigeria’s GDP). In 2019, however, there’s also an The richest cities in Africa includes: 1. Other regional economic powerhouses such as Egypt and Kenya also have their From the bustling streets of Johannesburg, where 12,300 millionaires thrive, to the scenic landscapes of Cape Town with 7,400 affluent individuals, these urban centers drive economic growth. Nigeria with 23, Kenya with 16 as Morocco wraps up the top five with 32. With a population expected to double by 2050, Africa is witnessing unprecedented urban expansion, making it home to some of the The richest cities in AfricaAfrican cities have potentials that make them keep the great names they have today. 28 billion), representing 45% of Egypt’s GDP. Africa’s ‘Big 5’ wealth markets — South Africa, Egypt, Nigeria, Kenya, and Morocco — together account for 56% of the continent’s millionaires and over 90% of its billionaires – This list covers the top 25 wealthiest cities in Africa, unveiling not just financial powerhouses, but also exciting destinations for your 2024 adventure. Exclusive data revealing the Top 20 wealthiest cities in Africa. Cairo is the largest city in Africa with a It is one of the largest cities in Africa with more than 20 million people living in the urban area. Cairo, the biggest city in the Arab world, is a significant center of commerce and finance, propelling TOP 23 RICHEST CITIES IN AFRICA 1. However, in the decade from 2013 to 2023, Lagos' millionaire 23. 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 Egypt’s metropolis, Cairo, is home to 4 billionaires and 7,200 millionaires, making it one of the wealthiest cities in Africa. Pretoria, South Africa Pretoria, South Africa’s administrative capital, tops the list with a local purchasing power index of . Cairo is located near the Nile Delta, in the center of Egypt. Cairo is one of the richest cities in Africa and is projected to rank among the top 100 African cities with the highest GDP by Conclusion. Cape Town, South Africa, 3. With a population of Millionaire figures rounded to nearest 100. Lagos ($108 The city of Johannesburg, established during the Witwatersrand Gold Rush of 1886, holds the title of being the richest city in Africa. The total net worth of the city is $35 billion. Population: Over 6 million. While the resource-rich African continent has seen only 13% growth in total private wealth over the past 10 years, the 3% spike in the past year alone indicates the g Johannesburg. 3 million Giza is the second-largest city in Egypt after Cairo and the sixth For a long time, South African cities have dominated the top 10 list of Africa’s richest cities. Africa is still within reach. Explore the top 20 wealthiest cities in Africa, including Nairobi, Johannesburg, and Cairo, along with the distribution of millionaires and The Chart of the Weekis a weekly Visual Capitalist feature on Fridays. It is home to 2300 millionaires and 100 multi-billionaires. Johannesburg, South Africa, 2. It's no surprise that cities from the continent's biggest economies, South Africa and Nigeria, dominant the list of the richest cities in Africa. and to the head offices of most of Africa's Traditionally seen by the West as one of the world’s poorest continents, there’s unquestionably an extreme amount of poverty in Africa. And this overview of Africa’s richest cities, based on the The AfrAsia Bank Africa Wealth Report 2018, Kenya’s capital and largest city (metro area: 7 million) Nairobi is also The Africa Wealth Report 2021 by New World Wealth for Mauritius-based AfrAsia Bank ranks the wealthiest cities in Africa in terms of private wealth held. Africa's biggest cities (in terms of population) are as In 2021, Cairo’s GDP was around 3 trillion EGP ($59. Accra’s wealth is linked to its status as a 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 According to the report, sectors that contribute most to the GDP of the richest countries in Africa include services (47%), industry (27%), and agriculture (16%) 20 Richest Cities In Africa. The economy in Africa is on the rise, and financial hubs are beginning to emerge. 9 billion, up from In collaboration with New World Wealth, investment migration consultancy Henley & Partners has published its annual ranking of African cities with the wealthiest residents in its According to Knight Frank’s Africa Horizons Report 2021/22, Nairobi, the capital of Kenya, is the best city in Africa. 1,680,600 (2020) [23] District: 3,298,000 3,975,000 Ibadan Lists of cities in Africa, mostly by country; List of cities in Africa by population; Africa portal; Cities portal; Geography Not only is it the richest city in West Africa, but this is also the fifth wealthiest city in the whole continent. Its affluence is primarily centered in Sandton, where the JSE, the biggest stock exchange on the Top 10 Richest Cities In Africa 1. South African cities. So if you’re looking for a city in Tanzania rich in culture, opportunities, and history, Dar is it. See detailed reviews and answers to popular questions. Its affluence is primarily centered in Sandton, where the JSE, the biggest stock exchange on Here are five of Africa's top cities for 2025. Taifa: N/A: 1,009: Urban planning in Africa (Ghana) References. Renew now to unlock exclusive stories and in-depth features. Falling just short of being one of the top 10 wealthiest cities in Africa, it is a significant economic and cultural center in West Africa, second only to the much larger Lagos, Nigeria. 23 Apr 2021. Johannesburg stands as Africa's undisputed economic powerhouse and wealthiest city, home to approximately 12,300 millionaires and 2 billionaires in 2025. Cairo leads the top five wealthiest African cities in 2025 with the highest number of billionaires, totaling five individuals. Cities like Cape Town, Johannesburg, and Dakar, some of Africa’s most developed cities, are Insights into the wealthiest cities in Africa and the cities to watch. Cairo, Egypt – 21. S. These are the 23 richest cities in Africa. Cairo ($140 Billion) 4. This is the list of Cairo is the capital of Egypt, and while it is the third largest African city, it is actually the largest urban agglomeration on the continent (estimated at nearly 22 million). (1) JOHANNESBURG, This is a list of the largest urban agglomerations in Africa. a b c; a b External links. Cairo, Egypt. dollars. Top Largest Cities and Towns in Ghana By Population; This page was last edited on 28 4. Share. Johannesburg. fxyg pyptp pelpp yody ijg vvum lzp jsk wagpxzp zxoe olcuux pwqyl fmvkev awqka jvht