Accra Is The Fastest Growing African City For Millionaires

According to a report by AfrAsia Bank and New World Wealth, the number of millionaires in Accra is expected to grow at a rate of 78 per cent, the highest for any African country. The current number of 2,300 millionaires in the city is expected to rise to 4,100 in a decade. In the report released on Thursday, Ghana�s capital is currently ranked the 10th African city for millionaires. South Africa�s capital of Johannesburg is at the top with 23, 400 millionaires. Cairo, Lagos, Cape Town and Nairobi follow in that order as the Top 5 African cities for millionaires. There are four South African cities in the Top 10. The millionaires refer to individuals with net assets of $1 million or more. The ranking excluded Libyan and Tunisian cities.