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…
Tag Archive for Real Estate
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…
Hong Kong Ranked World’s Top Luxury Real Estate Market in 2016
Hong Kong soared higher than London as the world’s top luxury real estate market in 2016, as the city-state saw continued demand from wealthy Chinese buyers despite hefty stamp duties, reported Mansion Global citing a report from Christie’s International Real Estate. London dropped to second plac…