Browsing: wealth in africa

The African continent has been portrayed in most literature as the “Dark Continent”, with not many expectations from it. This degrading view is slowly fading from the trending news globally, as the continent continues to headline great achievements. 

 

There has not been a shortage of millionaires as well, with new six-figure worth individuals being added each year impacting the socio-economic outlook on the continent.  …

[elementor-template id="94265"]

Africa's luxury market

A few months ago, Zimbabwe lost a prominent young businessman Genius Kadungure popularly known as Ginimbi. His fame came not from his business endeavors but rather his larger than life lifestyle. In his rural home of Domboshava, he built a mansion that could easily be confused for a hotel. His fleet of cars comprised of several Rolls Royce models, a few Bentley’s, Lamborghini Aventador S Coupe a Ferrari 488 Spider, a few Mercs, and a couple of  Range Rover models. He certainly had an affinity for the finer things in life.

He was not alone. In May 2020, South African Thabiso Ndlovu caused a furor on Twitter when he posted a video of 5 luxury vehicles he purchased at one go including three porches,  a Jeep, and a Lamborghini Iris SUV. 

Kenyan Chris Kirubis is another business mogul who made the headlines on several occasions for his preference for luxury