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MILLIONAIRES HOOD: Accra named residential hub for wealthy Africans

15/04/2015
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The capital of Ghana, Accra, has been listed among the few African cities with the most millionaires. Johannesburg occupied the top spot as the African city with the most multimillionaires in Africa.

Other cities that made the list include Lagos ,Nairobi, Cairo, Luanda and Dar es Salaam.

According to a report published by CNN Accra has over the years seen some of the highest growth in the number of millionaires on the continent.

In 2012, its millionaire count hit 800 but this figure is expected to hit 1,500 in 2020.

Its neighbor Nigeria in 2012 registered 9,800 millionaires in Lagos this figure is however expected to shoot up to 15,800.

But Accra and Lagos are not the only African cities expected to see a growth in millionaires Nairobi, Luanda and Dar es Salaam have also been named.

Millionaires in Dar es Salaam are expected to shoot up to 3000 people from 1,900 recorded in 2012 while in Nairobi the figure is expected to shoot up to about 8000.

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