info.afrindex.com
China-Africa Trade Information Service
info.afrindex.com
China-Africa Trade Information Service
Photo from Morocco World News
According to South-African research firm New World Wealth and AfrAsia Bank, South Africa’s biggest city ranking first with $276 billion; Cape Town ($155 billion); Cairo ($140 billion); Lagos ( $108 billion); Durban, South Africa ($55 billion); Nairobi ($54 billion), Luanda, Angola ($49 billion); and Pretoria, South Africa ($48 billion);Casablanca ranks ninth be holds a total wealth of $42 billion.
The 10th place goes to Accra in Ghana, holding a total wealth of $38 billion.Casablanca, Tangier, and Marrakech are all considered some of the most expensive cities in Africa, in terms of residential property.
Tangier and Marrakech’s prices per square meter amount to $1,800, while Casablanca’s are estimated at $1,500.
New World Wealth’s report emphasized that South Africa remains the main luxury tourist destination on the continent. Major destinations for wealthy visitors in South Africa include Kruger Park near Johannesburg and Cape Town.
Other major destinations in Africa include: Mauritius, Seychelles, Cairo and Sharm El Sheikh in Egypt, the Masai Mara in Kenya, Livingstone in Zambia, and the Okavango Swamps in Botswana.
Marrakech broke records in 2017, reaching 2 million tourists in a year and more than 6 million overnight stays for the first time in history, according to the figures of the Regional Tourism Center of Marrakech.
Popular hotels for wealthy visitors to Africa include La Mamounia Hotel in Marrakech, named “the best urban hotel in the world” by the Spanish version of UK travel magazine Condé Nast Traveler.
As a tourist city in Morocco, Marrakech ranked 6th among the most visited cities by French nationals in 2017, according to a travel guide website.
