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The top destinations in Africa for the wealthy

Cape Town, South Africa

According to the recently released AfrAsia Bank Africa 2017 Wealth Report, published by New World Wealth, the continent received about 48,000 multi-millionaire visitors in 2016, up from 43,000 in the previous year. Multimillionaires refer to individuals with net assets of US$10m or more.

Below is a table showing which countries these high net-worth individuals (HNWIs) visited.

Most-visited countries by the super-rich in 2016

CountryNo. of multi-millionaire visitors in 2016
South Africa15,000
Morocco5,000
Botswana4,000
Kenya4,000
Mauritius3,000
Seychelles3,000
Tanzania2,000
Egypt2,000
Uganda1,000
Zambia1,000
Mozambique1,000
Nigeria1,000
Note: Figures rounded to nearest 1,000. Source: New World Wealth

According to the report, South Africa received roughly more than three times the number of foreign multimillionaires in 2016 than its closest competitor Morocco. The majority of HNWIs who visited South Africa stayed in Cape Town, Johannesburg, Umhlanga, Durban, Paarl, Franschhoek, Stellenbosch and Kruger Park.

As for the rest of Africa, HNWIs visited cities in north Africa like Marrakech and Casablanca in Morocco, and Cairo and Sharm El Sheikh in Egypt. They also spent time in Nairobi and the Maasai Mara in Kenya; the Serengeti in Tanzania; Livingstone in Zambia; and the Okavango Delta in Botswana. Not surprisingly, gorilla safaris in east Africa were also popular.

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