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Top 10 Wealthiest Countries In Africa by NaijaCuzin: 11:27pm On Jul 13, 2015 |
List of Wealthiest African Countries: #1) Seychelles – The Richest Country In Africa Capital: Victoria Officially Republic of Seychelles, based on per capita income, it is the wealthiest nation from Africa. This country is made up of small 115 islands and its population is less than 0.1 million. It is located in the Indian Ocean to the East of Africa. It is not located in mainland Africa, but as per conventions it is counted as an African nation. Its GDP is lesser than many people on the list of Forbes billionaires. Salmon is one of the highly exported thing from this African nation. With a small population and small GDP, it occupies the first spot in this list. 1 Share
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Re: Top 10 Wealthiest Countries In Africa by NaijaCuzin: 11:29pm On Jul 13, 2015 |
#2) #2) Equatorial Guinea – Second Wealthiest African nation GDP (PPP) Per Capita: $19,818.11 Capital: Malabo Situated on the West Coast of Africa is the second richest country i.e. Equatorial Guinea. This wealthy African nation has a population less than a million. Its economy depends on fishing and farming of especially Cocoa. Discovery of oil in the 1990s further increased wealth of this African nation. It was once a Spanish colony and its coasts were discovered by explorers who set out to find a route to India. Its illiteracy rate was too high in the 1970s, but President Obiang ensured good policies to reduce it down to 13 percent.
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Re: Top 10 Wealthiest Countries In Africa by NaijaCuzin: 11:30pm On Jul 13, 2015 |
#3) Gabon GDP (PPP) Per Capita: $17,053.47 Capital: Libreville With its per capita income more than other poorer countries of Africa, Gabon qualifies as the third richest country in the African continent. Gabon’s economy today depends mostly on oil revenues and timber plantation, according to the CIA. Situated in sub-Sahara, Gabon has a very small population of around a million. With its GDP less than $20 billion, Jeff Bezos, Mark Zuckerberg and many others have a greater net worth than it.
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Re: Top 10 Wealthiest Countries In Africa by NaijaCuzin: 11:36pm On Jul 13, 2015 |
#4) Botswana
GDP (PPP) Per Capita: $16,578.59
Capital: Gaborone
Populated with more than 2 million, Botswana is the
fourth wealthiest country in this list. Tourism,
financial services, subsistence farming, and cattle
raising are other key sectors where the country
makes money. Standard of living is comparable to
the nations like Turkey and Mexico. Much of its
territorial area lies in Kalahari Desert which is
another big desert after the Sahara. A British
colony, Botswana has majority of its people living
below the poverty line, yet a high GDP per capita
makes it a rich African nation.
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Re: Top 10 Wealthiest Countries In Africa by NaijaCuzin: 11:38pm On Jul 13, 2015 |
#5) South Africa GDP (PPP) Per Capita: $11,273.08 Capitals: Pretoria, Bloemfontein and Cape Town The fastest developing country in Africa and also in the world, South Africa has the highest GDP in the continent. It is a member of BRICS (Brazil Russia India China and South Africa). The people of this country find employment in diverse sectors like agriculture, fishing, vehicle manufacturing and assembly, food-processing, clothing and textiles. It is the most developed nation in Africa and has a very high Human Development Index. Cricket is the most popular sport in this country and it is because of British people who left their legacy. Because apartheid, it had international sanctions that debarred it from most of the things in the world like trade, sport, etc.
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Re: Top 10 Wealthiest Countries In Africa by NaijaCuzin: 11:41pm On Jul 13, 2015 |
#6) Libya GDP (PPP) Per Capita: $10,129.61 Capital City: Tripoli Libya is the richest African Arab country and overall sixth on this list. Like other Arab nations, it also depends on petroleum for money and it employs many people in this sector. About 20% of GDP of this rich country is for service and construction sectors. Arabic is the most spoken language in Libya and Sufi Islam is the most followed type of Islam. Since fall of Muamma Gaddafi, Libya has been in political turmoil and chaos. It has the largest deposit of oils in the continent of Africa
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Re: Top 10 Wealthiest Countries In Africa by NaijaCuzin: 11:44pm On Jul 13, 2015 |
#7) Tunisia
GDP (PPP) Per Capita: $9,706.59
Capital: Tunis
With a small number of inhabitants and a significant
GDP, Tunisia is the seventh richest country in
Africa. Also, it is the second richest African Arab
country after Libya. It is a small nation when
compared to its neighbors, Algeria to its west and
Libya to its east. A trend among the educated is to
move to European nations to the north of
Mediterranean for jobs and better lifestyle.
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Re: Top 10 Wealthiest Countries In Africa by NaijaCuzin: 11:46pm On Jul 13, 2015 |
# Namibia
GDP (PPP) Per Capita: $7,694.44
Capital: Windhoek
Depending mostly on South Africa for trading,
Namibia is one of the fastest developing countries
in Africa. Mining, Agriculture, manufacturing and
tourism contribute heavily to this rich African
country on Earth. Another Commonwealth country,
Cricket is the most popular sport in Namibia.
Ovambo is the largest ethnic group in Nigeria. It has
a low population less and low GDP as well. It has a
low HDI as well and low illiteracy rate.
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Re: Top 10 Wealthiest Countries In Africa by rawpadgin(m): 11:46pm On Jul 13, 2015 |
Seychelles here i come |
Re: Top 10 Wealthiest Countries In Africa by NaijaCuzin: 11:47pm On Jul 13, 2015 |
#9) Algeria GDP (PPP) Per Capita: $7,541.85 Capital: Algiers Another Arab nation, Algeria is located in the Northern Africa. It was frequently ruled by the French invaders and was colonized for centuries by France. Revenues from the oil sector and agriculture contribute to this nation’s wealth. Fishing, banking and finance are other areas where Algeria generates a good chunk of money. A large portion of its population is concentrated in capital Algiers. French is also spoken and understood and many of its citizens have moved to France and Spain for jobs.
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Re: Top 10 Wealthiest Countries In Africa by NaijaCuzin: 11:49pm On Jul 13, 2015 |
#10) Egypt GDP (PPP) Per Capita: $6,594.00 Capital City: Cairo With high output of more than $500 Billions, Egypt’s economy is second only to South Africa. It is the tenth richest country in Africa on this list of top 10. It has the largest population in Middle-East and is thenation known for pyramids and the Great Sphinx. It was one of the victims of Arab Spring and President Hosni Mubarak who succededAnwar Saadat was deposed. And Mohammad Morsi was elected President after wide public support. Later, he himself was deposed in bloodless coup only to be succeeded by Al-Sisi. Egypt is also the center of learning of Sunni Islam. The Grand Al-Azhar University of Islamic studies is situated in Egypt. 1 Like
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Re: Top 10 Wealthiest Countries In Africa by kennboiy(m): 11:50pm On Jul 13, 2015 |
Hmmm,op are you really a nigerian? i will soon deport you to niger... |
Re: Top 10 Wealthiest Countries In Africa by kennboiy(m): 11:50pm On Jul 13, 2015 |
Which kind list be this,naija suppose dey up there,na naija get the largest economy for africa,op abeg complete your list joor. |
Re: Top 10 Wealthiest Countries In Africa by NaijaCuzin: 11:53pm On Jul 13, 2015 |
kennboiy:sorry bro no naija.ranking no 1 in Africa economy doesnt mean she is the richest |
Re: Top 10 Wealthiest Countries In Africa by kennboiy(m): 11:58pm On Jul 13, 2015 |
NaijaCuzin:Abeg just slot our name,comot gabon for the list or the first country syphilis or whatever be the name sef,because i neva hear that name before 1 Like 2 Shares |
Re: Top 10 Wealthiest Countries In Africa by kennboiy(m): 12:02am On Jul 14, 2015 |
NaijaCuzin:But is nigeria a female that you are calling it "she" |
Re: Top 10 Wealthiest Countries In Africa by NaijaCuzin: 12:06am On Jul 14, 2015 |
kennboiy:Nah but that is how they address her. |
Re: Top 10 Wealthiest Countries In Africa by NaijaCuzin: 12:12am On Jul 14, 2015 |
kennboiy:Its an island located near Madagascar
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Re: Top 10 Wealthiest Countries In Africa by ahamonyeka(m): 10:10am On Jul 14, 2015 |
kennboiy:lols where have you been when they refer a country to as her? |
Re: Top 10 Wealthiest Countries In Africa by sherifos: 7:38am On Feb 06, 2016 |
U can get an updated top 5 here. http:///richest-country-in-africa-2016-top-5-by-gdp/ |
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