Paul Arithi 
Nairobi Private Wealth Conference:Tarra Agility Africa in partnership with Standard Chartered lead Africa’s affluent wealth conversation on succession and cross-border planning Wealth experts,family business leaders and investors convened in Nairobi to discuss succession planning, cross-border opportunities and strategies for preserving wealth across generations.
Standard Chartered led Africa’s conversation on succession and cross-border wealth planning as the continent enters a new era of wealth creation and intergenerational wealth transfer.
The Nairobi Private Wealth Conference 2026, convened by Tarra Agility Africa, in partnership with Standard Chartered, brought together affluent individuals, entrepreneurs, family business leaders and wealth advisers to explore how Africa’s growing wealth can be preserved, governed and transferred across generations amid an increasingly global investment landscape.
“For many years, the focus of wealth management was largely on accumulation. Today, the conversation has evolved.
Successful individuals and families are now thinking beyond wealth creation to wealth continuity.
They are asking how wealth can be preserved, how it can be transferred responsibly, and how it can remain a force for progress across multiple generations,” said Edith Chumba,Head of Wealth & Retail Banking, Kenya and East Africa, Standard Chartered.
Africa is increasingly becoming part of a broader global phenomenon often referred to as the “Great Wealth Transfer”.
Kenya alone has an estimated 6,800 – 7,200-dollar millionaires with approximately $90 billion in combined Assets Under Management (AUM) that is beginning its generational transition “For many affluent African families, this transition will happen for the first time.
The challenge we have is how to prepare the next generation and transfer wealth without transferring conflict,” added Edith.
The conversation comes at a pivotal moment for the continent. Africa is now home to more than 122,000 dollar millionaires and approximately USD 2.5 trillion in investable wealth, with its millionaire population projected to grow by 65 per cent over the next decade, making it one of the fastest-growing wealth markets globally.
According to Standard Chartered’s latest Family Office research,nearly three-quarters of family office professionals report increasing family tensions linked to market volatility,geopolitical uncertainty and generational change.
Meanwhile, 90 per cent believe stronger succession planning could save families millions during future wealth transfers, while 87 per cent say better planning of cross-border assets can significantly improve outcomes.
“Africa’s wealth ecosystem is maturing rapidly, but legacy planning and governance structures have not evolved at the same pace.
As more families build businesses and assets across multiple jurisdictions, there is a growing need for integrated tax, legal, and wealth planning frameworks that protect wealth and support a seamless transfer of assets across generations,” said Marjorie Kivuva, Partner, Private Wealth & Head of Legal, Tarra Agility Africa.
