The richest African, for the eighth year in a row, is Nigerian cement and commodities tycoon Aliko Dangote, with a net worth of $10.7 billion. 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. Listed below are the top 50 wealthiest people in Africa according to the data gather from Forbes. With a population of 195.8 people , a GDP of $376.28 billion and GDP per capita of $1,994 , this west African country closes our list. Without any further ado we now give you the top 10 African countries by mineral deposits. Top 5 richest Arab countries in the world (Updated 2019) 2. This country has is the site of one of the largest underground mines in the world. Sadly, this does not reflect the state of Africa’s economy. Some people believe Africa constitutes the poorest continents but to contradict this notion, we have come up with the list Top 20 Richest Countries in Africa 2018 (By GDP Per Capita). South Africa has one of the best economies in Africa and is a leader in many sectors. In fact, the continent holds around 30% of the world’s known mineral reserves. ALIKO DANGOTE – NW: $21.6 BILLION; Dangote is the richest person in Africa and the only African on the list of top 50 richest in the world. Seychelles is a home and destination of tourists from all parts and corners of the world. Africa is on the move, and African billionaires are growing wealthier and increasing in number. The Following List of 20 Countries by GDP in Africa. GDP: $444.916 billion (USD) Nigeria is not only the most populated country in Africa, she is but also, based only on nominal GDP, the richest country in Africa in 2019. It has a higher GDP per capita, as compared to other countries of Africa, which stands at around $11,800. Christoeffel Wiese Net Worth: $1.1 Billion (Forbes) Industry: Retailing, Self Made. Top 20 richest countries in Africa by 2024 Top 20 most powerful economies in Africa by 2024 Hey everybody, today I am going to be talking about the top twenty richest African economies in 2024. Africa is the Second Largest and populous continent, It has many poorest countries, some good GDP countries. The GDP of Mauritania is estimated to be $4,474. The cost of living is comparatively high. 1. Its 160-million people have helped the country propel itself to be the largest consumer retailer in Africa, along with its petroleum exports. ALIKO DANGOTE – NW: $21.6 BILLION; Dangote is the richest person in Africa and the only African on the list of top 50 richest in the world. The following are the 20 richest countries in the world in terms of 2011 per capita income: 20 Qatar. Namibia can be found in Southern Africa. Some of them are in the Forbes ranking, and others are not, but they are all wealthy and successful. The richest man in Africa is Aliko Dangote, who has a net worth of $14.1 billion. With a per capita GDP of $11,528, it is the tenth richest country in Africa. Countries such as Nigeria, South Africa, Egypt, Algeria, Morocco and Angola are putting Africa as a continent on the map. Making them the third richest country in North Africa. With a current GDP that is just slightly below $450 Billion, Nigeria sits firmly as the richest country in the Africa. Seychelles is the richest country in Africa 2021, with a GDP of 31.80 thousand per capita. Top 50 Richest Countries In The World 2020 – New year started with most individual tagging it as their year of success but what most people fail to realize is a successful nation is a product of the people in it and vice versa, hence the reason why a country with a thriving economy is most likely to produce affluent individuals. The country has been blessed with a variety of minerals and up-to-date know-how on how to exploit them. South Africa – Richest Countries In Africa With a properly diversified economy, SA is one of the countries with the most developed economies on the continent. Here are some frequently asked questions about African countries. With GDPs going up as high as $38,700. Zambia – rich in copper, emerald, and cobalt. 4. If you wanted to know what the richest African country in copper is, it is, beyond dispute, Zambia. In developed countries like Sweden and Denmark, the GINI index hovers in the low 20s. Some countries are even ranked in the lists of the most powerful. 7. This is a list of List of Richest Countries In Africa as of 2020.Mauritius, Seychelles, and Equatorial Guinea are the richest countries in Africa according to the latest research. Here are South Africa’s 20 Richest Men. When he was 21, Dangote borrowed $3,000 from his uncle to start his business of importing and selling agricultural goods in Nigeria. Seychelles. Here are 20 of the richest countries in the world as calculated by GDP per capita. Africa is a natural resource-rich continent. Top 10 Richest Countries In Minerals In Africa 2020. Aliko Dangote. In first place in the list of richest countries in Africa, we have Nigeria (aka The Giant of Africa). Egypt: $12,994 per capita Equatorial Guinea is the Richest Country by GDP per Capital. Egypt and South Africa rank 29th and 31st in the world. His primary businesses include cement, sugar and flour. Tanzania is one of the richest countries in Africa. Richest Men in Africa and Net Worth. Unsurprisingly, four of the five countries with the highest GDPs in Africa are among the most developed countries in Africa. This is a list of List of Richest Countries In Africa as of 2020.Mauritius, Seychelles, and Equatorial Guinea are the richest countries in Africa according to the latest research. The richest African, for the eighth year in a row, is Nigerian cement and commodities tycoon Aliko Dangote, with a net worth of $10.7 billion. Despite wealth disparities in several African countries, there is a lot of wealth to be found. Top 20 Richest Countries In Africa By GDP Per Capita. The Nigerian economy is defined as a mixed economy emerging market, and according to World Bank, it has reached the status of lower middle income. Richest countries in Africa: Seychelles is also an island country found in the Indian Ocean. Finally, below are the top 20 richest African countries in terms of GDP per capita. The country has a GDP of about $11,528. The pillars for Namibia’s economy are tourism, manufacturing, agriculture and mining. 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. According to statistics provided by the IMF, the Top 10 richest countries in Africa are- based on GDP Top 20 Richest People in Africa 20. The Nigerian market is seen as one of Africa’s largest markets, but this is more of a consumer market that buys more than it sells. This oil-rich country tops the list with a per-capita income of $98,948. SA was Africa’s largest economy until it was recently displaced by Nigeria. The year’s biggest gainer is Nassef Sawiris, worth $8 billion—up from $6.3 billion last year. Other countries that make it to our top 20 mostly depends on agricultural produce to boost their economy. South Africa has one of the best economies in Africa and is a leader in many sectors. The majorly export agricultural and crude commodities such as coffee, cotton, cashew nuts, gold, diamonds and tobacco among others. According to statistics provided by the IMF, the Top 10 richest countries in Africa are- … As of the end of 2019, Nigeria holds the position of the richest country in Africa, with a GDP of almost $600B USD. 2. The top richest countries list have some really interesting contenders on them, which just goes to show that you don’t have to be a big and mighty country to rake in the moolah. Aside from being the richest country in Africa, Nigeria is also the most populous African nation. With a current GDP that is just slightly below $450 Billion, Nigeria sits firmly as the richest country in the Africa. © 2019-2021 Eafeed Media, LLC. 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. Top 10 Richest Countries In Africa 8) Tunisia – $9,900 (GDP per capita) The Tunisian economy is dominated by mining, manufacturing and tourism, which portrays the diverse economic market within the country. In this list, we will give you a quick glance of the Richest Countries in Africa. The country has a mixed economy and is the second largest after Nigeria. Nigeria, the leading among richest countries Africa mostly depends on oil as her major economic recourse. It is actually made up of around 115 small islands. 1. 10. The following are the 20 richest countries in the world in terms of 2011 per capita income: 20 Qatar. Christoeffel Wiese Net Worth: $1.1 Billion (Forbes) Industry: Retailing, Self Made. South Africa, the country richest in Africa with more than $500 billion by Gross Domestic Value. Top 5 richest Arab countries in the world (Updated 2019) 2. Namibia – $11,528. 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