Tag Archive for Egypt

Luxury Spirit

Luxury Spirits in Africa Take a Leap

Traditionally, the ability to purchase luxury goods has been linked to wealth and in Africa this rings true. It was recently revealed that Africa has 18 people on the Forbes billionaire list for 2018, out of a record 2,208 billionaires worldwide. Additionally, there were approximately 145,000 peo…

Kenya’s Most Luxurious House

Kenya Becomes the 5th Richest Country in Africa

Over the past 10 years, Kenya has acquired wealth at a rate of 73% becoming the 4th biggest African country in wealth growth. In 2017 alone, the country grew its wealth at 2%. Kenya now has more than KSh10.4 (104 billion USD) trillion in wealth, a 9.5% increase from the previous year’s tota…

lagos

Lagos is the 4th Richest City in Africa

A report was recently prepared by New World Wealth in conjunction with AfrAsia Bank, in which Lagos city took the top position thanks to its big number of High Net Worth Individuals (HNWI). The total wealth held in the Lagos amounts to US$108 billion and major sectors in the city include basic ma…