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Africa's Wealth Map Redrawn: Kampala Emerges as Hub of Private Wealth

Business1 min read
Africa's Wealth Map Redrawn: Kampala Emerges as Hub of Private Wealth

Africa is witnessing a surge in millionaires, with Uganda's capital Kampala emerging as a hub of private wealth. The continent is projected to have a significant increase in its millionaire class by 2025, reshaping the wealth map.

The Africa Wealth Report 2025 by Henley Partners and New World Wealth predicts a 65% surge in millionaires over the next decade, with Kampala at the forefront of private wealth expansion. The city's booming economy and growing middle class are contributing to Africa's rising influence in global finance.

Plus234Feed summary based on reporting from NairaMetrics. Read the original report below.

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