Cape Town has been named Africa's most expensive prime real estate market, with average prices reaching $5,800 (Sh748,00) per sq. meter for apartments. This finding comes from the recent Africa Wealth Report 2025 by Henley & Partners and New World Wealth, highlighting expanding private wealth markets across the continent.

• The average price for a prime (100 to 200 sq. meters) apartment in Cape Town is $5,800 per sq. meter.
• The report, in its fourth year, projects Africa's millionaire population to grow by 65% over the next decade.
• Nairobi City's average price per sq. meter for a prime apartment is about $1,200 (Sh177,360), and it holds 4,200 millionaires, nearly half of Kenya's total private wealth.