AfrAsia Bank Africa Wealth Report 2017 is the result of New World Wealth’s extensive research covering the wealth market in Africa. The report provides a comprehensive review of the wealth sector in Africa, including HNWI trends, luxury trends and wealth management trends from 2006 to 2016, with projections to 2026.
Mauritius retains its spot as the wealthiest country in Africa, ranking ahead South Africa, Namibia, Botswana, Egypt and Angola. Wealth per person for those living in Mauritius increased from $21,700 to $25,700 in one year. Conversely, people living in Zimbabwe are the poorest, with $200 per person. As per the report, South Africa was the most popular destination for the super-rich, with approximately 15,000 multi-millionaires visiting the country in one year.
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