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Africa’s growth mints more dollar millionaires

Africa’s growth mints more dollar millionaires

SETH ONYANGO, BIRD NEWSROOM AFRICA'S steady economic growth and fast-growing population is churning out an ever-expanding crop of dollar millionaires, despite a low of 2020 due to the impact of the COVID-19 pandemic. South Africa, Egypt, Nigeria, Kenya, and Morocco have the highest number of High Net Worth Individuals (HNWIs), each of whom has a minimum of 1 million US dollars worth of assets. The aforementioned countries, combined, have 73,900 individuals worth one million dollars or more – South Africa (36, 500), Egypt (15, 500), Nigeria (9, 100), Kenya (8, 300) and Morocco (4, 500) according to Statista. Mauritius followed…
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