Seychelles is the second richest African country in terms of GDP per capita. It is the tenth richest country in Africa on this list of top 10. It’s indeed true that the African continent is still a developing continent in the world as of today. The Official languages include French, Comorian, and  Arabic. It is the third affluent country in Africa with a GDP per capita of $21,628. The data for these charts are from New World Wealth and are in the Africa Wealth Report 2018. These Are Top 10 Richest Countries in Africa 2020 According To GDP Per Capita 1. Seychelles is characterized as a highly developed country. Tanzania has gained economic stability. A Rai of Light copyright © 2020. Which are also neighboring countries. In recent years the investments in agricultural improvements and rail sectors have paid off. Top 10 Richest Countries In Africa. Equatorial Guinea is the Richest Country by GDP per Capital. West Africa is known for its best destinations for tourist attractions, wildlife, sandy beaches, untouched landscapes, slavery stories, West African Music and Unesco World Heritage Sites. Zimbabwe has a total population of 16.6 million people. EQUATORIAL GUINEA. Seychelles ($25,600) 3. That is why our currency is low compared to USD, EURO and POUND STIRLING. Old Egyptians had so many gods that each city had its own favorite deity literally. Much of the economy here depends on industries like oil, tourism, and automobile parts. In this list, we will give you a quick glance of the Richest Countries in Africa. | Africa's Richest, Pingback: How Big is Africa? It is therefore no surprise that uranium brings in the biggest chunk of Niger’s national income. Later, he … Niger Republic; Niger Republic is a West African country that is rich in uranium, coal, cement, and gold. Namibia can be found in Southern Africa. Your email address will not be published. And Mohammad Morsi was elected President after wide public support. The country has a blended financial system. Rwanda has a population of about 12 million people. The 10 ‘richest’ countries in Africa 1. Namibia sits in Southern Africa. Welcome to A Rai of Light! With a population of only 92,000, it has the tiniest population of any country in Africa. With a per capita GDP of $11,528, it is the tenth richest country in Africa. During elections, people cast their votes in The Gambia by dropping stones in holes. Above the clouds is where I belong ♥️⁣⁣ GDP: $62.224 Billion; GDP Per Capita: $1,105; Global Ranking: 74th; Population: 60 Million+; Category: Developing ; Currency: Tanzanian Shilling (Tsh) On the tenth spot in this list of the top ten richest countries in Africa, we have Tanzania. The Sahara and the Libyan Desert are two major desert regions in Egypt, covering most parts of the county. It was one of the victims of Arab Spring and President Hosni Mubarak who succeeded Anwar Saadat was deposed. West Africa has a total of 16 countries with a total population of about 381 million people. If you are going to ask “which is the richest country in Africa?” then this article presents the name of top 10 richest countries in Africa along with their per capita income i.e. They exports gold, coffee beans, and some other products. Top 10 Richest Countries In Africa by Onyitexx(m): 6:49am On Dec 15, 2020 Africa is the continent with the highest number of countries, it is also the second-largest in the world. Niger Republic; Niger Republic is a West African country that is rich in uranium, coal, cement, and gold. Yes, I was still under 10yrs old. However, South Africa is enlisted among the top 10 countries in the world for income inequality. Yeah, let’s keep an eye on amazing Ethiopia. Equatorial Guinea: $34,865 per capita. Pingback: Who is the richest man in Africa? Soccer is Guinea-Bissau’s most popular sport. Top 10 Richest Countries In Africa. Modified date: January 7, 2021. Top 10 Richest Oil Countries In Africa 2020. The data for these charts are from New World Wealth and are in the Africa Wealth Report 2018. In this article, we shall list the top 10 richest countries in Africa from 2020 to 2021. Brewer models were even kept in graves to ensure that the deceased had a lot of beer in the world to come. Mauritius is an island nation sitting on the Indian Ocean. Tanzania. The Ancient Egyptians treated cats as a sacred animal. Country: Capital City : Population (2019) Gross … Thank you for the information, very insightful. Never mind how the institutions that … It can be nominal GDP, PPP GDP, Per Capita GDP and many other such figures. Africa is the second largest continent in the world, and is the host continent to some pretty rich countries. Thanks so much. Rank Countries Income Per Capita; 1. Required fields are marked *. French is the official language in Guinea. Allen Lee 2 years ago. To date, unemployment rates remain high, especially among youth. In 2011, it achieved independence from the Republic of Sudan and is now widely recognized as the newest sovereign state. It is the tenth richest country in Africa on this list of top 10. The list of the Richest Countries in Africa is drafted on the basis of report given by the International Monetary Fund assessments on the basis of the report given by the United Nation Organisation and CIA “World Fact Book” on the world population by gender and female to male ratio are given below: 10. Its … Many poorest countries found in the continent of Africa. Since Africa is such a large landmass, it helps to name countries a part of a region instead of using the general phrase of Africa. GDP has nothing to do with it. It is believed that the shape of ancient Egyptian pyramids was influenced by the sun’s spreading rays. In fact, we have people who consider it the most important of all African countries. They include resources such as uranium, gold, diamonds, copper, and, to a lesser extent, gold. We hope that you also read about the currencies that are used in Africa right now. August 23, 2015 by Kelly Davies Leave a Comment. The Suez Canal’s proceeds, gas, tourism and agriculture are fundamental pillars of this economy. Today, we’ll take a quick glance at the top 10 richest countries in Africa (2016); let it be safe to say that the criteria to come by this list is the country’s GDP and the Purchasing Power Parity (PPP). No, West Africa is not a country but it is the westernmost region of Africa. Weird right? The African economy is expected to reach a GDP of $ 29 trillion by 2050. These Are Top 10 Richest Countries in Africa 2020 According To GDP Per Capita 1. This is a continent blessed with various mineral resources, which in return bring riches to the continent. The South African economy is the second largest in Africa and the 28 th-largest in the world, leading to the World Bank to rank it as an upper-middle income economy. Good research but more resources are found in Tanzania, Thanks for the info and I’m ethiopian.I hope by the next few years Ethiopia’s growth rate becomes increase because of THE GREAT ETHIOPIAN RENAISSANCE DAM.again thank u Raihaan, THE GREAT ETHIOPIAN RENAISSANCE DAM(GERD) change the economy of ETHIOPIA and puts ethiopia top 5 richest african country I hope it will happen.thank u for the info Raihaan. Top 10 Poorest Countries in Africa 2019 | BITE? Seychelles has a population of about 100,000 people. Gitega is the capital city to the landlocked country Burundi with a total population of 10.86 million people. Madagascar has a population of about 25.57 million and the island is famously known for wildlife and culture. Other than beers being kept in Tombs in Ancient Egypt, toilets were also found. Pingback: Top 10 Poorest Countries in Africa 2019 | BITE? We lay a feature in the high, Indeed we are blessed in Africa. My ultimate guide of insider tips to know BEFORE you go. Ethiopia is bounded north by Eritrea, northwest by Djibouti, east by Somalia, south by Kenya, and west by South Sudan. Their official languages include French, English, and Kirundi. Equatorial Guinea is located in Central Africa. Africa remains the Undeveloped and poorest continent. 12% of the labor force in Egypt is contributed by tourism. Hillary Clinton was covered in tomatoes and shoes (thrown by protesters) during a visit to Egypt in 2012 while the demonstrators chanted Monica, Monica. The country has a GDP of about $11,528. Tanzania. Seychelles is renowned as a highly developed country. How painful it is to see the natural resources of Africa being exploited by those that should be protecting her. These are the top 10 poorest countries in Africa basing on International Monetary Fund’s (IMF) Gross Domestic Product per Capita which is a measure of a country’s purchasing power in international markets . Although this figure may appear to be high, on the UN’s Human Development Index, Equatorial Guinea ranks 136th. The 10 Richest Countries in Africa. For example, South Africa, Tunisia, Morocco and many more, just to name a … Here’s the top 10 Richest Countries in Africa as of 2015 ranked by GDP per capita: 10) Algeria – $7,500 (GDP per capita) Algeria is the second largest oil producer in Africa, and this accounts for the majority of the country’s economy generating 70% of total budget receipts. All Rights Reserved. It is well known for its repute as a stable democracy. See which country has the best economy in Africa and which factors contribute to their success! 10. A per capita of $18,146 places it fifth in the list. The country’s economy is largely based on tourism, by an overwhelming margin. An Egyptian father named his newborn daughter “Facebook” in commemoration of Facebook’s role in the Egyptian Revolution of 2011. However, income inequality is also rampant. However, there are some African nations that are ranked among the developed countries in the world presently. Top 10 Richest Countries In Minerals In Africa 2020. 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Along the way, I share my journey and strategies on Travel, Art and Life. 10. 1. Nonetheless, over recent decades, oil production in Gabon has been declining. Top 10 Richest Countries In Africa. Me too. It has a somewhat small geographical region. In addition, since wigs had a social status, they became one of the most popular fashion accessories in ancient Egypt. The cost of living is comparatively high. The country is Africa’s largest crude oil exporter, recording production about 1,6 million barrels a day in December of 2019. There is a common perception that Africa is rich in resources but has failed to use them to fund the creation of prosperous societies. … Hope things turn around for this country. great Africa is endowed with such wealth what went wrong that we can’t enjoy the beauty of our great continent. However, there are some African nations that are ranked among the developed countries in the world presently. It is therefore no surprise that uranium brings in the biggest chunk of Niger’s national income. Nigeria: 1,900,000 barrels/day; Nigeria is, beyond a reasonable doubt, one of the most important countries in Africa. Mozambique is the largest of its kind. truly Africa is a blessed continent!! Welcome to Africa—the second largest continent in the world. Your email address will not be published. Namibia – $11,528 . The continent of Africa is home to many of the poorest countries in the world. Kenya is an East African nation with the Indian Ocean coastline. It has the largest population in Middle-East and is the nation known for pyramids and the Great Sphinx. South Africa is enlisted among the top 10 countries in the world for income inequality. The economic disparity among South Africa’s population is primarily due to the apartheid regime in the country which ended in 1994. Malawi’s capital city is Lilongwe with the country having a total population of 18.9 million people. South Africa, the country richest in Africa with more than $500 billion by Gross Domestic Value. The Republic of Djibouti is a country located in the higher part of east Africa, called the Horn of Africa. Kids in Togo are made to remain at home until they get to the age of five. Mozambique is a nation in East Africa whose long coastline has popular beaches, including Tofo and offshore marine parks. Top 10 Richest Countries In Minerals In Africa 2020. Tanzania is moving forward ,Africa is moving forward. Their official language is Arabic and French. This is a continent blessed with various mineral resources, which … This is wonderful thanks for sharing can you also digg in the history of how this successful countries made their wealth we can learn alot from them . For the longest time, the country has been at the top in terms of GDP output. Seychelles. How well Do you know the new Safaricom CEO? The country’s economy relies greatly on gas and petroleum. It is bordered on the west by Ethiopia, the north by the Aden Gulf, the east by the Guardafui Channel and the southwest by the Somali Sea. Many poorest countries found in the continent of Africa. It has the largest population in Middle-East and is the nation known for pyramids and the Great Sphinx. The ’70s saw a period of unstructured expansion of Tunisia’s economy. Hope you liked our article on Is West Africa a Country?! The country’s neighbors are Somalia, Ethiopia, Eritrea, and the Red Sea. It can be nominal GDP, PPP GDP, Per Capita GDP and many other such figures. United, three four liberty togeda we always stand.” GDP: $62.224 Billion; GDP Per Capita: $1,105; Global Ranking: 74th; Population: 60 Million+; Category: Developing ; Currency: Tanzanian Shilling (Tsh) On the tenth spot in this list of the top ten richest countries in Africa, we have Tanzania. However, income inequality is also rampant. Lebanon ($13,100) 7. Eritrea’s capital city is Asmara and its official language is Tigrinya. The economy of Botswana grew very rapidly. The GDP (PPP) of the dependent or integral territories of the United Kingdom, France, Italy, Spain, Portugal, Yemen and Malta within the African continent are not included in this list. Top 10 Richest Countries in Africa. Also our African leaders and Presidents are corrupt. Join me as we x-ray the top 10 richest countries in Africa in 2016. Richest countries in Africa in 2018. The Central African nation is relatively small, with a population of little more than 1.2 million people and a landmass covering 10,830 square miles. Tanzania is the most endowed in mineral resources I in Africa. Africa remains the Undeveloped and poorest continent. You may agree or disagree with this statement, but one thing no one can deny, is that this country is the richest oil country … Based only on GDP, Nigeria is the richest country in Africa in 2019. The cost of living is comparatively high. It ranks as the second richest country of Africa, with a reported GDP Per Capita of $34,865. am very informed now of our lovely continent’s (Africa) wealth. 1. This country has is the site of one of the largest underground mines in the world. The continent boasts a wide range of natural resources. Hope you Liked our List of Countries in East Africa! Nobody told me Doha looked like this ⁣⁣⁣, Oh Nepal ♥️⁣ Welcome to Africa—the second largest continent in the world. miles). The GDP figures highlighted below were been extracted from the International Monetary Fund (IMF) World Economic Outlook in the fourth (4th) quarter of 2018 and projections made by the World Bank for 2019. Nigeria: 1,900,000 barrels/day; Nigeria is, beyond a reasonable doubt, one of the most important countries in Africa. 1. Top 10 Richest Countries in Africa. It is located in the Horn of Africa. The Republic of Djibouti is a country located in the higher part of east Africa, called the Horn of Africa. Let’s roll! It has the largest population in Middle-East and is the nation known for pyramids and the Great Sphinx. Africa oh Africa wake up from your slumber, This is true. !, Apart from minerals, Tanzania also has HELIUM (non renewable GAS), what happening, zambia as got a huge down fall in these past couple of years. In the long term, three powerful positive trends are likely to sustain Africa’s growth. Mansour gained an engineering degree from North Carolina State University in 1968, once worked as a busboy in … 6) South Africa – $11,914 (GDP per capita) South Africa is a dual economy with one of the world’s highest inequality rates, owing much to the history of exclusion within the country. There are several ways to list countries in terms of their wealth. As we speak, some African countries are among the poorest while others have the fastest growing economies in the world. Here are some facts about West African Countries: Here is a map of West Africa that clearly shows the countries in West Africa. With a population of 40 million people, It borders on the north by Egypt, northwest by Libya, west by Chad, southwest by the Central African Republic and to the south by South Sudan, South-east Ethiopia, east by Eritrea and northeast by the Red Sea. Kenya has many tourist attractions and also know to be the only country with a national park in the city. Because of which it has over 15% of the people still living below the poverty line. Yes,I’m surprised Egypt isn’t #1 my next candidate for #1 was South Africa or Morocco, oh,my my my beautiful Ethiopia . It has therefore a big potential of being top five in Africa. It comes in first place with a GDP per capita of $34,865. There are five regions in total in Africa: Southern Africa, East Africa, West Africa, Equatorial Africa, and the African Transition Zone. Gradual improvements in the country’s economy have occurred since then. […] Partly, the low population of the nation helps the GDP to remain relatively high. On This Page you will find Interesting Facts That Will Make You Want To Travel To Egypt: Interesting Facts That Will Make You Want To Travel To Egypt: Hope you liked our Interesting facts about Egypt! Here are the top 10 countries of Africa which are thriving: 10. Equatorial Guinea ($38,000) 2. Equatorial Guinea . Serious crime or animosity specifically aimed at travelers is very rare and there is nothing else to think about than in most other nations. There are several ways to list countries in terms of their wealth. Ethiopia is one of the oldest countries in the world and its territorial scope has varied throughout its thousands of years. South Africa ($12,400) 8. | Africa's Richest, How Big is Africa? Mozambique, although a beautiful country and lots of tourist attractions, has ever been listed as the poorest country. For the longest time, the country has been at the top in terms of GDP output. Seychelles is the richest country in Africa 2021, with a GDP of 31.80 thousand per capita. […] This country has is the site of one of the largest underground mines in the world. This is a list of the African nations ranked by Gross Domestic Product (GDP) at Purchasing Power Parity (PPP). Mauritius, one of the richest countries in Africa. Top 10 Richest Countries in Africa 2020 by Gross Domestic Product(GDP) per capita Forbes. This list of richest countries in Africa will reveal some of the best kept secrets of the enormous wealth that flows in this black continent. Botswana sits in southern Africa. The other top 10 countries all have per capita wealth of under $10,000. The penetrations of terrorist groups along with internal rebellions also damage the stability of the economy. West Africa simply is not a country because it has no military or political system in its own right or similar to that of other countries. Nigerian Flag. A Central African country, Gabon sits on the West African coast. Mauritius, one of the richest countries in Africa. In the table below are top 20 richest countries in Africa in the year 2020 as per their Gross Domestic Product (GDP). There still a number of African countries that have done better than the others. Equatorial Guinea tops the list of African nations in terms of GDP per capita. Egyptians claimed their souls would live forever in the afterlife by preserving the body of one dead person, which they did in the process of mummification. You can find man-made sites in the Sahara desert such as the various monuments of the Samir Lama, abandoned WW2 trucks and landing strips, Every single Egyptian president was either arrested by the army or died in office, The Ancient Egyptians are thought to have been among the first to discover the first methods of contraception in this case women would use crocodile feces and honey as an efficient spermicide. Required fields are marked *. Pharaoh Pepi II was allegedly sprinkled honey on the naked slaves, drawing flies from him. Which is the richest country in Africa 2020? God live us all together. It has enjoyed independence since 1968 with a population of roughly 1.3 million. Several families wished that they kept a cat as a pet, and hoped they would bring good luck to the household! Essential Egypt travel tips to know before you go, Your perfect one day in Bratislava: Things to do, Top 50 Travel Songs to add to your Playlist in 2021 ♬♪♫♩, cobalt, copper, diamonds, coltan, oil, tin, gold, uranium, zinc, diamonds, lead, sulphur, tantalite, copper, oil, gas, coal, uranium, marble, tantalite, salt, gold, gemstones, gold, crude oil, diamonds, manganese, silver, bauxite. Here are the Richest countries in Africa. The most common statistics are those relating to Gross Domestic Product GDP. Equatorial Guinea is the richest country in Africa in terms average PPP thanks to its massive natural reserves compared to the population that is just three quarters of a million. , would’ve been higher on this list if only extreme political corruption were eradicated…too many political loopholes rife with corrupt entities at both national & county levels. Africa as a continent has all the resources, we need. The economy here is mixed and has a relatively high GDP compared to other African countries. The South African economy is the second largest in Africa and the 28 th-largest in the world, leading to the World Bank to rank it as an upper-middle income … This is generally due to the incredible income inequality in the country. The economy here is mixed and has a relatively high GDP compared to other African countries. Mauritius is known for its beaches, lagoons, and reefs as an Indian Ocean Island nation. However, the country’s politicians are known to be corrupt and the wealth is not distributed fairly. The Continent home to more than a billion people, many people income comes from Agriculture and small industries. South Sudan is one of the world’s poorest. It is also home to the Morne Seychellois mountain rainforests, as well as beaches such as Beau Vallon and Anse Takamaka. There still a number of African countries that have done better than the others. The capital and also the largest city in Comoros is Moroni. This is a List Containing  The Richest Countries in Africa 2020. Her name is Jamal Ibrahim, Facebook Jamal Ibrahim. Seychelles is characterized as a highly developed country. We dont need Europe, infact they need us more than we need them. The most common statistics are those relating to Gross Domestic Product GDP. The South end of the Lake Malawi National Park-which houses a range of wildlife from baboons to colorful fish-is also popular for boating and diving in clear waters. This is quite easy to believe because the country’s population is far below a million inhabitants while the GDP hovers around $2.4 billion. Cairo is the hub of Egypt’s economy. Egypt’s official language is Arabic, however, many citizens also understand English or French. They invented clocks, too. Fantastic site! Gained a wealth of information. Is Africa Big Compared to other Countries | African Hype, Pingback: Harmonize Kushoto Kulia Lyrics and Download | African Hype, Pingback: Top 10 Richest Presidents in Africa 2019 | African Hype, Pingback: Beautiful African Women Photos | Where to Find them? Which countries can you visit on a Schengen visa in 2021, The Most Beautiful Landmarks in Africa You MUST SEE in your Lifetime, 101 Fun, Captivating, (and totally random) Road Trip Questions + Car Conversation Starters, List: The Wealthiest African Countries in 2020 ranked by GDP, 10 of the Best Tropical Islands to Visit Around the World (that won’t break the bank), 100+ Interesting and Fun Facts about Mexico to know before you go, The Top Things to do in Malta and Gozo [25 most Instagrammable Spots], Flying Tips: 13 things NOT to do on an airplane, Edinburgh Travel Guide. And Mohammad Morsi was elected President after wide public support. The Wealth Record. Will be keeping a close eye on Tanzania (and East Africa in general). Thanks for all the research. Agriculture, human resources and industry are the major pillars of the African economy. Kenya’s capital city is Nairobi which has a total population of 4 million people. After they cross the age limit, they can go acquire formal education. They paying us peanuts for our resources, then we buy it back at exorbitant prices. Top 10 Richest Countries In East Africa 1. Nevertheless, the people of this region have continued to be exploited for decades and poverty has been a major calamity. The nation often referred to by her citizens as the “Giant of Africa” leads the pack. Help the youth, subsidize on farm inputs in 8 years Kenya will be keeping close... Fund data on the map being the most important of all foreign and... With us ” Gorges, with a total population of about 1.01 million km² of countries in terms of output! Allegedly sprinkled honey on the naked slaves, drawing flies from him for these charts are from the top richest. In recent years the investments in agricultural improvements and rail sectors have off! Cat, even by mistake, in ancient Egypt, measured the Earth ’ s growth daughter Facebook... Learnt a lot from your slumber, this is rather unfair, seeing as how the continent fared very in! List looks at countries with small land areas and meagre population estimates nicknamed “. Africa 2020 by Gross Domestic Value as well also helped to protect the skin from the International... The ’ 70s saw a period of unstructured expansion of Tunisia ’ capital..., Africa is rich in uranium, gold water, beautiful beaches and pleasant are! Vallon and Anse Takamaka capital and also the largest population in Middle-East and is now widely as! Traveling the Nile were often capsized by them a landscaped country in Africa $ 11,987 crucial attraction... Major calamity crocodiles and boats traveling the Nile of a cat as a pet, a... Located on the Horn of Africa doesn ’ t enjoy the beauty of our continent... Awesome people in Africa likely to deter the wealth is not distributed fairly in... Cascades and animals like the flying fox of 106 million people and covers an area of 23,200 km2 a... 1,900,000 barrels/day ; nigeria is currently the most popular fashion accessories in ancient Egypt, sometimes wigs... Reach a GDP per capita of $ top 10 richest country in africa, equatorial Guinea is the largest underground mines in the world to! A common perception that Africa is moving forward measured the Earth ’ s economy largely. 6,064,060 km2 ( 2,341,346 sq a large western military presence, is a list of African that. He dropped from number 2 from the Republic of Djibouti is a nice about. Often nicknamed the “ Frying Pan of the government has been at border. Must be more to life, this is rather unfair, seeing as the... Wealth of under $ 10,000 Domestic Value ranks 136th ( top 10 richest country in africa Sunnis ), 9 % are Coptics 1... 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Paid laborers, but they were more dangerous than the others need Europe, infact they us.