Africa's millionaires are in Nigeria, Egypt, South Africa with some in Kenya too (Infographics)


It’s beginning to sound like a broken record, but the Africa rising mantra increasingly rings true.

While there may be debate about the nature of the economic development and whether it’s structurally transformational, what is clear, however, is that there is new wealth being created across the continent.

Since 2000, the number of people in Africa with assets worth $1 million or more has grown by 145%, according to data by the research firm New World Wealth. This is twice the global average over the same time. And within the next decade, the figure is expected to grow another 45%.

Read more: Africa’s millionaires are in Nigeria, Egypt, South Africa with some in Kenya too – Quartz

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