Wealthy Africans Stories

Oxfam report: 125 Kenyans hold more wealth than 42.6 million citizens
Lucy Mumbi  |  Nov 26, 2025

Nearly half of Kenya’s population survives on less than Sh130 a day, with the number of people living in extreme poverty rising to seven million since...

Kenya’s rich barely engage in luxury spending - report
Alfred Onyango  |  May 15, 2025

Rather than splurging on high-end goods and extravagant experiences, the country's rich are prioritising financial growth.

Wealthy Africans often don’t pay tax: the answer lies in smarter collection - expert
The Conversation  |  Mar 23, 2025

This shows that wealthy Africans face lower effective tax rates than average citizens, replicating a trend already demonstrated for the relative tax b...

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