If you’ve got a keen interest in luxury real estate, you’re probably already aware of booming markets like Calabasas, Beverly ...

Wealth inequality has reduced across Africa over the last couple of decades, according to research by Credit Suisse. That trend was due to the increase in median wealth per adult on the continent ...

We talk to chief economist Goolam Ballim about the findings of the Standard Bank report titled 'The Psyche of Africa’s ...

LONDON--(BUSINESS WIRE)--The total private wealth currently held on the African continent is USD 2.1 trillion and is expected to rise by 38% over the next 10 years, according to the latest 2022 Africa ...

In 2000, Africa had no billionaires. Today it has 23 whose, combined wealth has soared by 56% in just the past five years, reaching a staggering $112.6 billion. Africa’s richest 5% hold nearly $4 ...

The study was conducted by Henley & Partners in partnership with New World Health (a South African economic intelligence firm). Mauritius, Rwanda and Uganda are forecast to increase non-state wealth ...

If left unchecked, corporations will continue to widen the inequality gap in Africa. Dangote and Abdulsamad Rabiu have increased their fortunes by 29 per cent since 2020 while the bottom 99 per cent ...

The phrase “Africa is not poor but impoverished” is a counter-cliché that is due an additional corollary: not all Africans are poor. This is a truism that takes on a different dimension when one ...

Mozambique has enacted sweeping new mining legislation requiring the state to hold a minimum 15% stake in all mining projects ...

The 2025 Africa Wealth Report says the continent's millionaire population is projected to grow by over 65% over the next decade. The continent is currently home to 25 billionaires, 348 ...

World Finance gets the low-down on the future of the private wealth industry in Nigeria, as FirstBank wades deep into hyper-powered tech, artificial intelligence, and highly dispersed client ambitions ...