South African cities dominate the millionaire landscape in Africa, with six out of the top ten wealthiest cities located in the country. Johannesburg stands out with 11,700 millionaires, far ahead of any other city on the continent, while Cape Town follows with 8,500.
Beyond South Africa, cities like Cairo, Nairobi, and Lagos emerge as notable hubs of wealth, each representing the wealthiest centres in North, East, and West Africa, respectively. Cairo leads with 6,800 millionaires, reflecting Egypt’s role as a financial and cultural hub in North Africa. Nairobi’s 4,200 millionaires highlight Kenya’s growing appeal as an investment and innovation hub in East Africa, while Lagos, with 3,600 millionaires, signals Nigeria’s continued prominence as West Africa’s economic powerhouse despite infrastructural and policy challenges.