Africa currently boasts 122,500 dollar millionaires as of June 2025.
South Africa is home to the largest share, with 41,100 millionaires, underscoring its position as a key economic powerhouse on the continent.
Egypt follows with a significant 14,800 millionaires, while Morocco and Nigeria also show strong numbers with 7,500 and 7,200 respectively.
Kenya contributes 6,800 millionaires to the total, and Mauritius, known for its favorable business environment, has 4,800.
Other countries like Algeria, Ghana, Namibia, and Ethiopia also feature on the list, each with thousands of dollar millionaires.
This distribution highlights varying levels of wealth accumulation and economic development across African nations.
