Top 10 Richest Countries of Africa are:

The Democratic Republic of Congo

The Democratic Republic of Congo accounts a mixture of economic sectors such as mining, fishing, forestry, agriculture, and copper and cobalt. While The country’s total GDP of $41.44 billion may seem high in comparison to other African countries. But it’s extremely large population of 84 million people, bring its GDP per capita figure to the astounding low $478.23. This places the country in the top ten poorest countries in Africa, by that metric. Nonetheless, this country is a perfect example of a mixed economy.

Uganda

Uganda is of the poorest nations in the world. The country’s total GDP accounting to $25.53 Billion and a $615.31 GDP per captia with a population of 44.27 million. This place Uganda as one of the largest countries in Africa, but also one of the poorest. However, the country has witnessed a recent change in the economy, to the measures taken by the government to protect the natural resources of the country. In 1992, 56% of the country’s population was under the poverty line of $1.25 a day. In recent years that number has been reduced to around 25%. Government officials are still hopeful that in the coming years they will reach their goal of reducing the number of poor in its population to 10%.

Libya

Libya is one of the smallest countries in Africa, with a population of only 6.47 million people. It holds a GDP figure of $31.33 billion, which might not sound like a lot, but it places Libya as the 7th richest country in Africa, in terms of GDP per capita – with a figure of $4853.67. As many Africa countries, most of Libya economic growth comes from oil, that accounts for over half of its GDP, and about 97% of its export. Due to those figures, Libya has been described as the “Upper Middle Economy of Africa” by the world bank.

Republic of Cameroon

With a per-capita GDP of $1,443,The Republic of Cameroon is one of the the ten richest in Africa by that metric. The total GDP of the country is $34.79 billion. With great agriculture structures and a population of 23.44 million people, the county still accounts a lot of people involved in the agricultural sector however the economy has increased in over the year. Timber reserve adds value to the economy of the country as it accounts for about 37% of the total land mass.

Ghana

Ghana accounts a total GDP of $47.03 billion. The country has a rich and vast economy, placing it as at the 11th place in teams of highest GDP in Africa, right after Tanzania. The position of their GDP has increased with a lot of management plan that they have applied to improve the country’s position. As it is being blessed with natural resources on which the country relies for as a source of income. With a population of 29.46 million people its GDP per capita stands at $1,663.

Tanzania

Next on the list is Tanzania, undoubtedly one of the most beautiful places in Africa. With a relatively high total GDP of $51.72 billion, It is the 10th largest economically rich country in Africa, by that metric. Tanzania has a population of $59.09 million people, 4th biggest in Africa. That brings its GDP per capita figure to $1,033. The people of Tanzania largely rely on agricultural for a source of their income. The country has increased in terms of GDP but there are people who still are below the poverty line.

Sudan

Sudan is the 10th most populated country in Africa, with a population of 41.51 million people. It is also the 9th richest country in Africa, with a GDP of $58.23 billion and a GDP per capita of $1428. In 2012, Sudan was the 17th fastest growing economy in the world. Largely due to the fact that it’s rich in oil and gas. The country
has managed to achieve an increased GDP along with their dependency on agricultural as a second source of income. Sudan is also the largest exporters of cotton and peanuts all across the world.

Morocco

Morroco is the 6th richest and the 11th biggest country in Africa. With a GDP of $109.82 billion and a population of 36.1 million people, is it also one of the leading countries in Africa in terms of GDP per capita, with a figure of $3,151. Morroco is considered a relatively liberal economy with large sectors such as tourism (which the government hope to reach 20% of its GDP by 2020), agriculture, solar and coal energy, export of cannabis. Fun fact: according to a study from 2016, around 70% of the cannabis consumed in Europe comes from Morocco.

Angola

With a total total GDP of $124.209 billion and a staggering GDP per capita of $4,407, Angola takes the 5th place in the richest countries in Africa. Angola is largely dependent on their natural oil and gas reserves, along with hydroelectricity, diamonds, and agriculture. Angola has a population of 30.7 million people, most of whom are still highly influenced by European culture due to 400 of Portuguese colonialism in the country. The official language of Angola is still Portugees.

Egypt

Egypt has a famous a long history, dating back to the 6th century BCE. It is oviously well know for its iconic monuments such as The Great Pyramids, The Great Sphinx and the ruins of Memphis and Thebe. Nowdays, Egypt is the 3rd biggest economy in Africa, with a GDP figure of $237.03 billion as well as a GDP per capita of $2,500. It is also the 3rd biggest country in Africa, with a population of 99.3 million. The Egyptian economy is lagrely based on Tourism, commernce and sea transport through the Suez Cannel, Natural Gas, Agricutar, and of-course, Oil. With a production of over 700,000 oil barrelsa year, Egypt possesses the largest oil refinery capacity in the eintire African continant.

South Africa

South Africa has a complex and aweing social history, with a multiethnic society, with awide range of cultures and languages (11 offical languages, to be excact). The southernmost country has a population of 57.3 million. It is also the 2nd richest country in Afria, with a GDP of $349.29 billion and a mesmorizing GDP per captia of $6,179, that is only beaten by the 5 other countries in Africa. However these five countries, Botswana, Gabon, Mauritius, Equatorial Guinea and Seychelles – all have populations that are smaller than 2.5 million people. The African Economy is largley based on mining, agriculture, automotive manufacturing, telecommunications and tourism. Despite all these great figures, South Africa is still showing high rate of poverty and unemployment. South Afica is also in the top ten countries in the world for income inequality.

Nigeria

Nigeria is the richest and biggest country in Africa. 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. 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. Nigeria economy is laregey bulit around commerce and enegry. It is the largest trader of the USA in Africa, as it supplies the US with around 1/5 of its total oil produce. That places Nigeria as the 12th largest oil producer in the world, and the 8th larger oil exporter. Moreover, Nigerian agricultural is a major source of emplyoment for the country, as around 30% of its population are employed in agriculture.

*All figures are based on data from World Bank reports.

Source: Top 10 Richest Countries of Africa

focus more on standard of living and forget natural resources.

In my head I'm flipping this page upside-down...

If you know you know

Hahahaha someone call those hungry and ugly Kenyans let them see the truth, and those jealous lazy fools of South Africa must be weeeping with those ugly charcoal Ghana must go fools . Poor idiots who think.they can match naija in standard of living and riches.

Richest in Africa yet poverty rate in the country keep increasing...the economy is deteriorating, some percentage of the populace are still living in penury. What's the essence?

toffyz:
Richest in Africa yet poverty rate in the country keep increasing...the economy is deteriorating, some percentage of the populace are still living in penury. What's the essence?

Shut you. Can you compare us to the other shytholes? Be grateful of what you have traitor.

Timewilltell2:
Hahahaha someone call those hungry and ugly Kenyans let them see the truth, and those jealous lazy fools of South Africa must be weeeping with those ugly charcoal Ghana must go fools . Poor idiots who think.they can match naija in standard of living and riches.

did you generate it out of your ass
cos a list without south Africa is a useless list only generated from someones imagination

Ighoga898:
In my head I'm flipping this page upside-down...

If you know you know

God de look you

All thanks to GEJ

Illiteracy na disease.

Babanews go and ask for refund from your school and thank me later.

Sorry, they don't use GDP to measure how rich a country is, it merely measures the level of economic activity.

GDP per capita is better measure of how rich a country is and by the way your data is outdated. Under King Buhari, Nigeria now the poverty capital of the world.

Be guided, stop deceiving the populace.

toffyz:
Richest in Africa yet poverty rate in the country keep increasing...the economy is deteriorating, some percentage of the populace are still living in penury. What's the essence?

Nigeria is still the poverty capital of the world.

Op submission is fraudulent. GDP is never used to measure how rich a country is.

The average Nigerian does not even smell shishi.

I was watching a program about Qatar on TV, man..... The commentators said this could be NIGERIA

Timewilltell2:



Shut you. Can you compare us to the other shytholes? Be grateful of what you have traitor.

Lmfao you are still disgcracing yourself . Compare what?

Runalong333:



Lmfao you are still disgcracing yourself . Compare what?

Nigeria is still the giant of Africa you traitor. Everything is better in us than them. Stupid

Just30:
did you generate it out of your ass
cos a list without south Africa is a useless list only generated from someones imagination

You are a big charcoal hungry.fool.

Some people are yet to understand you do not measure a country's wealth by GDP but rather on the HDI. Nigeria has a higher GDP than other African countries because we sell one of the most sought after resources, oil. Our HDI is worst than most African country. If we go by GDP then India would be considered one of the richest countries in the world considering their GDP is in trillions. Almost few thousands dollars away from France and UK's GDP. Having a high GDP does not mean the country is a wealthy country. Similar to India, Nigeria is an extremely poor country. We can't even enjoy a 24 hours electricity which Ghana, South Africans and Kenyans enjoy in bliss yet, some Nigeria repeatedly embarrass yourselves by always comparing this country to them. Humble yourselves and stop being an embarrassment to us all. Nigeria is a poor country, just come in terms with it and stop lying to yourselves.

Timewilltell3:




You are the poor one here. How dare you compare poverty stricken nations to the giant of Africa . Your mother must have been raped by a dog to achieve you fool. Can.tjese lowly nations if we can even call them that, stand us in all things ? Are a brainfish of some sort ?

Humble yourselves and stop disgracing yourself

Nigeria have overtaken the poorest country in poverty. Humble yourself and keep quiet.

https://www-m.cnn.com/2018/06/26/africa/nigeria-overtakes-india-extreme-poverty-intl/index.html?r=https%3A%2F%2Fwww.google.com%2F

Timewilltell3:



Stop posting nonsense here you stupid son of a hoe. Nigeria has the richest people in Africa, we supply many nations with power. We are the ones they.beg for help when oppressed or hungry. We are the ones invading their nations because we are rich and can opress tjem with money in their own countries. So don't be dumb. Learn why these people are full of haters and jealousy for us

Lol

Timewilltell2:



Shut you. Can you compare us to the other shytholes? Be grateful of what you have traitor.

I presently live in Gabon, but I don't wish to return the the sh!t hole called the zoo aka nigeria.

Timewilltell3:



Stop posting nonsense here you stupid son of a hoe. Nigeria has the richest people in Africa, we supply many nations with power. We are the ones they.beg for help when oppressed or hungry. We are the ones invading their nations because we are rich and can opress tjem with money in their own countries. So don't be dumb. Learn why these people are full of haters and jealousy for us

the zoo aka naLiejerià is a disgrace to the entire black community on planet Earth

Timewilltell2:
Hahahaha someone call those hungry and ugly Kenyans let them see the truth, and those jealous lazy fools of South Africa must be weeeping with those ugly charcoal Ghana must go fools . Poor idiots who think.they can match naija in standard of living and riches.

Somebody! Please, Talk to this one