Mauritius is the fastest-growing hub with a 63% surge in millionaires, highlighting its rising financial services sector and favourable investment climate.
Rwanda (+48%) and Morocco (+40%) also show strong upward trends, driven by economic diversification and political stability.
Nigeria (-47%), Angola (-36%), and Algeria (-23%) recorded the steepest declines, reflecting oil dependence, currency challenges, and political instability.
Africa overall saw a -5% dip, showing that while select countries are thriving, the continent’s wealth distribution has shifted unevenly.
Egypt and South Africa dominate Africa’s space presence, with 14 and 13 satellites respectively, accounting for nearly one-third of the continent’s total.
Nigeria (7), Algeria (6), and Morocco (5) form the next tier, highlighting North and West Africa as emerging hubs in satellite development.
The majority of other African countries with satellites, including Rwanda, Ethiopia, Zimbabwe, Djibouti and Angola, have two satellites each.
Out of 54 African nations, only 18 have any satellites in orbit, underscoring the vast disparity in space investment and technological capacity across the continent.
