Harrods News

The rise in African buyers seeking homes in central London

The rise in African buyers seeking homes in central London

Central London’s residential market has long been the focus of international interest. Headlines have highlighted the significant numbers of Russian, Middle Eastern and Chinese buyers, but a new influx of buyers and investors from Africa is now demanding attention.

Super-rich Africans splash out big bucks for luxury London homes.

Super-rich Africans splash out big bucks for luxury London homes (Photos, Infographic, & Video)

Sophisticated, glamorous and spacious — when the super-rich go house-hunting they are searching for something special. Real estate in London’s swankier suburbs can catch a buyers’ eye. Mayfair, Kensington and Chelsea have long been the stomping ground of the elite — and are now welcoming a new wave of African investors.

African Pride Melrose Arch Hotel, Johannesburg, South Africa

Nigerians tap into Africa’s fast-growing $1.5B luxury market

Smart Nigerian entrepreneurs are taking position in the fast growing Africa luxury market by creating and producing exclusive luxury products using the continent’s abundant natural resources and the skills of local artisans.