In a new report by Africa Property News, Lagos has been ranked the 4th wealthiest city in Africa, coming behind Johannesburg, Cape Town, and Cairo. Lagos was valued at $108 billion, while the other Nigerian city on the list – Abuja – was valued at $13 billion.
The overview of the continent’s wealthiest cities is based on The AfrAsia Bank Africa Wealth Report 2018. The overview
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“indicates where clusters of wealthy cities are developing across the continent, as well as showing a few more isolated locations of money aggregation.”
See the Top 10 in the overview below:
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Johannesburg (South Africa) – $276 billion
Cape Town (South Africa) – $155 billion
Cairo (Egypt) – $140 billion
Lagos (Nigeria) – $108 billion
Durban (South Africa) – $55 billion
Nairobi (Kenya) – $54 billion
Luanda (Angola) – $49 billion
Pretoria (South Africa) – $48 billion
Casablanca (Morocco) – $42 billion
Accra (Ghana) – $38 billion
Cape Town (South Africa) – $155 billion
Cairo (Egypt) – $140 billion
Lagos (Nigeria) – $108 billion
Durban (South Africa) – $55 billion
Nairobi (Kenya) – $54 billion
Luanda (Angola) – $49 billion
Pretoria (South Africa) – $48 billion
Casablanca (Morocco) – $42 billion
Accra (Ghana) – $38 billion
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