Africa has many resources. Despite the many resources the continent has, many Africans continue to live in abject of poverty thanks to the leaders who get into power and squander what could have been beneficial to the inhabitants.
Africa’s economies have been growing with an average GDP rising by 4.7% per year between 2000-2018. Africa’s economic growth should mean the decrease of poverty, but in Africa, poverty increases as economy grows.
If we, Africans, want to fight poverty, we must first fight inequality.
African leaders use their power to frustrate competitors and amass every penny while in government.
Here are 15 richest African leaders:
King Mohammed VI – Morocco = $5.8 billion
Ali Bongo Ondimba – Gabon = $1 billion
Teodoro Obiang Nguema Mbasogo – Equatorial Guinea = $600 million
Uhuru Kenyatta –Kenya =$500 million
Paul Kagame – Rwanda = $500 million
Cyril Ramaphosa – South Africa = $450 million
King Mswati III – Swaziland = $200 million
Paul Biya – Cameroon = $200 million
Abdel Fattah Khalil el-Sisi – Egypt = $185 million
Isaias Afwerki – Eritrea = $100 million
Muhammadu Buhari – Nigeria = $80 million
Peter Mutharika – Malawi = $55 million
Idriss Deby – Chad = $50 million
Yoweri Museveni – Uganda = $50 million
Pierre Nkurunzinza – Burundi = $45 million
(One of the tragedies is the use of an American currency in valuing the wealth of Africans)
Will Africa achieve its Sustainable Development goal of ending poverty by year 2030?
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