The list below is courtesy of the Africa Wealth Report 2023, done by Henley & Partners, the global leader in residence and citizenship by investment, in partnership with wealth intelligence firm New ...

Foreign exchange and gold reserves play a crucial role in supporting currency stability and shielding countries from global shocks Libya, Algeria, and South Africa hold the largest foreign exchange ...

Paul van Zuydam has become South Africa’s newest dollar billionaire, joining the ranks of the country’s wealthiest ...

As part of its first-ever accounting of Africa’s 40 richest individuals and families, Forbes examines the philanthropy of the continent’s wealthiest people. While noting that “only a small fraction” ...

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 ...

Checks by Business Insider Africa have shown that the combined GDPs of Kenya, Ghana, Ethiopia and 14 other countries are lesser than the combined net worth of the world's top 10 billionaires. Before ...

Mauritius continues to see an influx of capital, with the country seeing inflows from South Africa, France, the UAE and UK.

Nigerian industrialist Aliko Dangote, the richest individual in Africa, has pledged $1.2-billion to establish a permanent endowment for his Dangote Foundation, according to Forbes and Nigerian ...

Ruto's fear factor: How mini election exposed UDA's underbelly Court finds PCEA clerics guilty of contempt, face jail Kindiki's emerges stronger from by-election but battle for his seat still on Tough ...

When people think of national success, two measures often come to mind: wealth and happiness. A high GDP per capita is frequently seen as a marker of prosperity, while happiness rankings suggest how ...