The Africa Wealth Report 2025 ranks Tanzania as the 12th wealthiest country in Africa and 3rd in East Africa. The country has 2,100 millionaires with USD 1 million+, 5 centi-millionaires with USD 100 million+, and 1 billionaire, Mohammed Dewji. Tanzania has recorded 17% growth in USD millionaires between 2015 and 2025, compared to a continental average decline of -5%.
Citizenship planning firm Henley & Partners has released, in partnership with South African wealth intelligence firm New World Wealth, The Africa Wealth Report 2025. The report highlights the continent’s wealthiest countries and cities, alongside expert insights on economic mobility and investment migration. According to the report, Africa’s millionaire population is projected to grow by 65% over the next decade.
The continent is currently home to 25 billionaires, 348 centi-millionaires, and 122,500 millionaires—a remarkable transformation from the late 20th century, when there were only a few billionaires and many African economies were in long-term decline. Dominic Volek, Group Head of Private Clients at Henley & Partners, says Africa’s sustained economic expansion, combined with significant growth in high-net-worth-individual (HNWI) populations, positions the continent as a key player in the evolving global wealth landscape. “The investment migration sector is now working both ways, with African investors seeking greater global mobility and diversification while international investors are increasingly identifying Africa as a destination for long-term, stable capital deployment.”
Read more at: https://www.tanzaniainvest.com/economy/africa-wealth-report-2025
