Mauritius has the highest wealth per capita in Africa, the fastest growing wealth per capita, and the fastest growing population of millionaires, according to a new report from the AfrAsia Bank.
Life's a beach —
Mauritius has the highest wealth per capita in Africa, the fastest growing wealth per capita, and the fastest growing population of millionaires, according to a new report from the AfrAsia Bank.
Mauritius-Tourism-Authority
The report attributed the island's wealth to its favorable business climate with low taxes and loose regulations, as well as the luxury lifestyle on offer including beaches and golf courses.
Par for the course —
The report attributed the island's wealth to its favorable business climate with low taxes and loose regulations, as well as the luxury lifestyle on offer including beaches and golf courses.
Stuart Franklin/Getty Images Europe/Getty Images
Mauritius has also seen rapid development of its infrastructure including new hospitals such as the Apollo Bramwell.
Five-star facilities —
Mauritius has also seen rapid development of its infrastructure including new hospitals such as the Apollo Bramwell.
Apollo Bramwell
South Africa is home to over 40,000 millionaires, the most of any African country. Johannesburg is the number one city for millionaires.
Business capital —
South Africa is home to over 40,000 millionaires, the most of any African country. Johannesburg is the number one city for millionaires.
MARCO LONGARI/AFP/AFP/Getty Images
Egypt is the second-placed African country for millionaires with over 18,000, the majority concentrated in its capital Cairo.
Nile high —
Egypt is the second-placed African country for millionaires with over 18,000, the majority concentrated in its capital Cairo.
Marco Di Lauro/Getty Images Europe/Getty Images
Zimbabwe's wealth per capita has plummeted to $200 after a sustained period of economic crisis under President Robert Mugabe.
Going down —
Zimbabwe's wealth per capita has plummeted to $200 after a sustained period of economic crisis under President Robert Mugabe.
Desmond Kwande/afp/getty images
Nigeria experienced a slump in 2016 with wealth per capita falling by 20%.
Sleeping giant —
Nigeria experienced a slump in 2016 with wealth per capita falling by 20%.
PIUS UTOMI EKPEI/AFP/AFP/Getty Images