The seventh annual "State of the Luxury Market in Africa" report, released by Luxity-one of the continent's largest resellers of authentic, pre-owned luxury fashion-reveals that Africa's demand for high-end goods, particularly in South Africa, remains strong.

Despite a decline in Sub-Saharan Africa's GDP per capita and inflation soaring to 15.28% this year, the African luxury sector has defied the odds.

For more, Luxity co-founder,Michael Zahariev.