Africa’s best city for business with 12,000 millionaires and two billionaires.
Some African cities are becoming major business destinations, attracting investors and entrepreneurs from around the world.
However, with a strong financial sector, high property values, and a growing number of wealthy residents, one city has established itself as the continent’s best place to do business.
Its strong financial services sector makes it a popular destination for investment, drawing big corporations and entrepreneurs looking to expand into Africa.
Much of Johannesburg’s wealth is concentrated in Sandton, a high-end district often called “the richest square mile in Africa”.
The area has luxury homes, five-star hotels, and private business clubs, making it a popular meeting place for top executives and investors.
Johannesburg’s rise as a business capital started in the 1880s when huge gold deposits were discovered under the Witwatersrand hills.
The gold rush brought rapid development, transforming the city into South Africa’s economic centre.
Source: EXPRESSCOUK
