Check out Africa’s top ten wealthiest countries.
Top 10 Richest Countries in Africa
The following are Africa’s ten wealthiest countries:
10. Libya, GDP per capita ($42.96 Bn)
Libya is the tenth on the list of richest African countries. Libya is a country in North Africa’s Maghreb region, bordered to the north by the Mediterranean Sea, to the east by Egypt, to the southeast by Sudan, to the south by Chad, to the southwest by Niger, to the west by Algeria, and to the northwest by Tunisia.
Libya is the fourth largest country in Africa and the 16th largest country in the world, with an area of nearly 700,000 square miles. Libya has the world’s tenth-largest proven oil reserves of any country.
9. Ethiopia,GDP per capita ($70.31 Bn)
Ethiopia is a small island nation in Africa’s Horn, officially known as the Federal Democratic Republic of Ethiopia. It is bordered on the north by Eritrea and Djibouti, on the northeast by Somaliland, on the east by Somalia, on the south by Kenya, on the west by South Sudan, and the northwest by Sudan.
Ethiopia is the 12th most populous country in the world and the second-most populous in Africa, with a total area of 1,100,000 square kilometers and a population of over 117 million people. Addis Ababa is the country’s capital.
8. Kenya, GDP per capita ($70.53 Bn)
Kenya is the eighth richest country in Africa per capita. Kenya is an East African country. It is the world’s 48th largest country by total area, with 580,367 square kilometers. According to the 2019 census, the country’s population is over 47.6 million people.
Kenya has a population of 29 million people, making it the 29th most populous country in the world. Kisumu is Kenya’s third-largest city. Other notable cities are Nakuru and Eldoret.
7. Sudan, GDP per capita ($82.89 Bn)
Sudan is a country in northeast Africa that is officially known as the Sudanese Republic. The country’s borders are formed by Egypt in the north, Libya in the northwest, Chad in the west, the Central African Republic in the southwest, South Sudan in the south, Ethiopia in the southeast, Eritrea in the east, and the Red Sea in the northeast.
6. Morocco, GDP per capita ($103.61 Bn)
Morocco, known as the Kingdom of Morocco, shares land boundaries with Algeria to the east and the occupied territory of Western Sahara to the south, and it has views of both the Mediterranean Sea and the Atlantic Ocean to the north and west.
Spanish-controlled islands off the coast. It has a population of around 37 million people and covers an area of 446,550 km2. Islam is the official and predominant religion, and Arabic and Berber are the official languages.
5. Angola, GDP per capita ($106.92 Bn)
Angola is a country on the west coast of Southern Africa, officially known as the Republic of Angola. It is the seventh-largest country in Africa and the second-largest lusophone i.e Portuguese-speaking country in terms of total area and population.
To the south lies Namibia, to the north is the Democratic Republic of Congo, to the east is Zambia, and to the west is the Atlantic Ocean. Cabinda, an Angolan region, shares borders with the Republic of Congo. The country’s capital is Luanda and also the largest city in the country.
4. Algeria, GDP per capita ($159.05 Bn)
Algeria, or the People’s Democratic Republic of Algeria, is a country in North Africa’s Maghreb region. Tunisia is to the northeast, Libya is to the east, Niger is to the southeast, Mali, Mauritania, and Western Sahara are to the southwest, Morocco is to the west, and the Mediterranean Sea is to the north. It is the largest country in Africa, and by extension, the Arab world, in terms of total area.
3. Egypt, GDP per capita ($270.14 Bn)
Egypt, formally the Arab Republic of Egypt, is a transcontinental republic that connects Africa’s northeast and Asia’s southwest corners via the Sinai Peninsula, which acts as a land bridge.
Jordan is on the other side of the Gulf of Aqaba, Saudi Arabia is on the other side of the Red Sea, and Greece, Turkey, and Cyprus are on the other side of the Mediterranean Sea, Although they all share a land border with Egypt, none of them has a land border with Egypt.
2. South Africa, GDP per capita ($295.44 Bn)
South Africa is the second wealthiest country in Africa. South Africa is the southernmost country in Africa, officially known as the Republic of South Africa (RSA). It is the world’s 23rd most populous country, with over 60 million people living in an area of 1,221,037 square kilometers (471,445 square miles).
Pretoria is the executive capital, the judicial capital is Bloemfontein, while, Cape Town is the legislative capital. Johannesburg is the country’s largest metropolis. Around 80% of South Africans are of African descent and are separated into ethnic groups that speak a variety of African languages.
The rest of the population is made up of the continent’s largest communities of Europeans (White South Africans), Asians (Indian and Chinese South Africans), and Muzungus (Africans) (Muslims).
1. Nigeria GDP per capita ($404.65 Bn)
Nigeria is the richest country in Africa in GDP per capita. It also has many musicians that are amongst the top 10 richest musicians in Africa. Nigeria is a West African country, it is Africa’s most populous country, located between the Sahel to the north and the Gulf of Guinea to the south in the Atlantic Ocean, with a population of over 211 million people and a land area of 923,769 square kilometers.
Niger borders it on the north, Chad on the northeast, Cameroon on the east, and Benin on the west. Nigeria is a country with 36 states and the Federal Capital Territory is Abuja. Lagos, Nigeria’s capital, is one of the world’s most populous cities and Africa’s second-largest metropolitan region.
These rankings are reshuffled Every year, just like in the corporate world. So there you have it: the world’s top ten wealthiest countries in Africa, as measured by GDP per capita. To some, the riches that these countries enjoy may be overwhelming. However, keep in mind that this list is influenced by a variety of factors other than economic performance.