{"id":23441,"date":"2026-02-20T03:29:23","date_gmt":"2026-02-20T03:29:23","guid":{"rendered":"https:\/\/microvibenews.com\/?p=23441"},"modified":"2026-02-20T03:29:23","modified_gmt":"2026-02-20T03:29:23","slug":"africas-wealth-story-moneyweb","status":"publish","type":"post","link":"https:\/\/microvibenews.com\/?p=23441","title":{"rendered":"Africa\u2019s wealth story &#8211; Moneyweb"},"content":{"rendered":"<p><\/p>\n<div id=\"textFreeArticle\">\n<p><iframe loading=\"lazy\" src=\"https:\/\/iframe.iono.fm\/e\/1648068?layout=modern\" width=\"100%\" height=\"170\" frameborder=\"0\" data-mce-fragment=\"1\"><\/iframe><\/p>\n<p>You can also listen to this podcast on iono.fm here.<\/p>\n<p>Geoeconomic confrontations and unilateral actions by some of the world\u2019s most powerful nations are chipping away at global cooperative frameworks \u2013 exposing feeble multilateral institutions that inspire little confidence in their ability to address the complex \u2018polycrisis\u2019 facing the world.<\/p>\n<p>As tensions rise, the Global North is increasingly looking south for allies and stability \u2013 an opportunity that can only be realised through a clear understanding of intended outcomes.<\/p>\n<p>Listen\/read:<br \/>Africa\u2019s blue economy: The $24trn opportunity hiding in plain sight<br \/>Understanding an economy: What drives or stalls growth?<br \/>Navigating Africa\u2019s trade landscape amid global tariffs<\/p>\n<div class=\"visible-sm-block visible-xs-block m1010\">\n<div class=\"ad-container-wrapper\">\n<p>ADVERTISEMENT<\/p>\n<p>CONTINUE READING BELOW<\/p>\n<\/div>\n<\/div>\n<p>This narrative bodes well for a continent on a path towards sustainable development and wealth creation.<\/p>\n<blockquote>\n<p>Africa\u2019s wealth story is being rewritten, from aid to agency, and the tale is fast approaching a turning point, driven by geopolitical shocks that are challenging the so-called risk premium associated with the continent.<\/p>\n<\/blockquote>\n<p>On this episode of The Business of Africa Podcast, head of research at New World Wealth, Andrew Amoils, joins us to explore Africa\u2019s evolving wealth story.<\/p>\n<div id=\"attachment_1801161\" style=\"width: 565px\" class=\"wp-caption alignnone\"><img loading=\"lazy\" fetchpriority=\"high\" decoding=\"async\" aria-describedby=\"caption-attachment-1801161\" class=\"wp-image-1801161 size-medium\" src=\"https:\/\/www.moneyweb.co.za\/wp-content\/uploads\/2026\/02\/andrew-in-giants-castle1-555x597.jpg\" alt=\"Geoeconomic confrontations, polycrisis, Global North, Andrew Amolis, Business of Africa Podcast\" width=\"555\" height=\"597\" srcset=\"https:\/\/www.moneyweb.co.za\/wp-content\/uploads\/2026\/02\/andrew-in-giants-castle1-555x597.jpg 555w, https:\/\/www.moneyweb.co.za\/wp-content\/uploads\/2026\/02\/andrew-in-giants-castle1-952x1024.jpg 952w, https:\/\/www.moneyweb.co.za\/wp-content\/uploads\/2026\/02\/andrew-in-giants-castle1-139x150.jpg 139w, https:\/\/www.moneyweb.co.za\/wp-content\/uploads\/2026\/02\/andrew-in-giants-castle1-105x113.jpg 105w, https:\/\/www.moneyweb.co.za\/wp-content\/uploads\/2026\/02\/andrew-in-giants-castle1-230x247.jpg 230w, https:\/\/www.moneyweb.co.za\/wp-content\/uploads\/2026\/02\/andrew-in-giants-castle1-744x800.jpg 744w, https:\/\/www.moneyweb.co.za\/wp-content\/uploads\/2026\/02\/andrew-in-giants-castle1.jpg 1351w\" sizes=\"(max-width: 555px) 100vw, 555px\"\/><\/p>\n<p id=\"caption-attachment-1801161\" class=\"wp-caption-text\">Andrew Amoils, head of research at New World Wealth. Image Supplied<\/p>\n<div class=\"visible-sm-block visible-xs-block m1010\">\n<div class=\"ad-container-wrapper\">\n<p>ADVERTISEMENT:<\/p>\n<p>CONTINUE READING BELOW<\/p>\n<\/div>\n<\/div>\n<\/div>\n<p>The continent is now home to 122 500 millionaires, 348 centi-millionaires and 25 billionaires, and these numbers are expected to rise in the next decade, driven by industries such as rare metals mining, lifestyle destinations, e-commerce and fintech.<\/p>\n<p>Listen\/read:<br \/>Is public procurement driving development in Africa?<br \/>A new economic world order \u2026<br \/>Is e-commerce booming in Africa?<\/p>\n<p>It can be said with certainty that uncertainty will continue to define the world in both the near and medium term, and this will prove to be a defining moment for the continent of Africa. An opportunity of a renaissance as opposed to a mere concentration of wealth.<\/p>\n<p>Tune in to hear the full story.<\/p>\n<p><em>Follow Moneyweb\u2019s in-depth finance and business news on WhatsApp here.<\/em><\/p>\n<\/p><\/div>\n<p><script data-cfasync=\"false\">\n            !function(f,b,e,v,n,t,s)\n            {if(f.fbq)return;n=f.fbq=function(){n.callMethod?\n                n.callMethod.apply(n,arguments):n.queue.push(arguments)};\n                if(!f._fbq)f._fbq=n;n.push=n;n.loaded=!0;n.version='2.0';\n                n.queue=[];t=b.createElement(e);t.async=!0;\n                t.src=v;s=b.getElementsByTagName(e)[0];\n                s.parentNode.insertBefore(t,s)}(window, document,'script',\n                'https:\/\/connect.facebook.net\/en_US\/fbevents.js');\n            fbq('init', '779812924991616');\n            fbq('track', 'PageView');\n        <\/script>#Africas #wealth #story #Moneyweb<\/p>\n","protected":false},"excerpt":{"rendered":"<p>You can also listen to this po&hellip; <\/p>\n","protected":false},"author":1,"featured_media":23442,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":[],"categories":[4],"tags":[367,942,3157,81],"_links":{"self":[{"href":"https:\/\/microvibenews.com\/index.php?rest_route=\/wp\/v2\/posts\/23441"}],"collection":[{"href":"https:\/\/microvibenews.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/microvibenews.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/microvibenews.com\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/microvibenews.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=23441"}],"version-history":[{"count":0,"href":"https:\/\/microvibenews.com\/index.php?rest_route=\/wp\/v2\/posts\/23441\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/microvibenews.com\/index.php?rest_route=\/wp\/v2\/media\/23442"}],"wp:attachment":[{"href":"https:\/\/microvibenews.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=23441"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/microvibenews.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=23441"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/microvibenews.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=23441"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}