Mauritius was the top-performing individual market in Africa during the ten years between 2008 and 2018, figures from the 2019 Africa Wealth Report show.
The report, which is produced collaboratively by AfrAsia Bank and New World Wealth, showed that total wealth held in Africa rose by 14 percent during the period, with Mauritius achieving 124 percent wealth growth rate.
The growth was attributed to the number of wealthy individuals (HNWIs) who have moved there over the past decade, especially from Europe and Southern Africa. Mauritius is now home to around 4,400 HNWIs, compared to 1,800 HNWIs ten years ago....
