Luxury brands are turning to Africa

Despite high inequality, South Africa has long been considered a bastion of wealth in Africa. Luxury brands see it as an established market for high-end goods. As wealth outside of South Africa grows, fashion houses and other luxury producers are…

Africa’s millionaire’s club

Africa has had it’s fair share of hardship for decades now, but its progression has become very apparent over the last 15 years, and it’s reflected in the success of wealthy African individuals. The continent has become a hotspot for…

You can now buy luxuries with your Bitcoin on Lux Afrique Boutique

Lux Afrique Boutique, Africa’s exclusive online luxury shopping destination introduces Coinbase as an alternative payment option for cryptocurrencies. Our platform currently supports Bitcoin, Bitcoin Cash, DAI, Ethereum, Litecoin, and USD Coin. Clients from the African continent and around the world…

What makes Luanda one of the most expensive cities for expats in the world

Even though Angola is not among the richest countries in the world, the reason its capital is ranked as the most expensive city is due to a booming oil economy, a limited supply of expensive housing and high demand for…

Africa and it’s growing luxury market

Over the last couple of years, Africans around the world have been embracing their culture, more than ever before. People are proud to be African, they are unapologetically African! The release of Black Panther this year helped to aid this…

Business growth remains high on the African CEOs agenda

Africa’s CEOs are confident that the outlook for business remains positive notwithstanding the unpredictable economic and socio-political climate. The insight comes from the Big Four heavyweight PwC, that has recently released its report called Africa Business Agenda. The report compiles…

This what luxury looked like a few years ago, what does wealth look like today?

Africa is a continent adorned with hidden treasures. It harbors magnificent landscapes, breathtaking views and unknown oasis all that are yet to be fully appreciated. The continent contains 54 countries, each one with its own culture and language. Its history…

Are these the top 5 best African countries to do business in?

Africa is becoming a hub for business, and we don’t want you to miss out, so we’ve put together a list of the five best countries to do business in on the African continent. 5. Seychelles The island nation of…

10th AFRICAN BANKER AWARDS 2016

The awards, held annually on the fringes of the Annual Meetings of the African Development Bank, celebrate excellence in banking and finance on the African continent. This year marks the 10th anniversary of the Awards and the 2016 winners were selected…

TOP 5 RICHEST COUNTRIES IN AFRICA

The distribution of wealth around the world is often the source of heated discussion and debate throughout the internet. Quantitatively, the 62 richest people in the world are actually wealthier than half of the world’s population. Bill Gates, founder of…