South Africa leads top 9 richest countries in Africa in 2019

South Africa leads top 9 richest countries in Africa in 2019

The 2019 Wealth Report, which is compiled by AfriAsai Bank, has ranked African countries according to their wealth on the continent.

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In the ranking, South Africa tops the list with its total high nett worth individuals (HNWI) where 39 200 people are holding most of the country’s wealth at $649 billion.

Egypt follows with $303 billion and 16 700 holding the country’s wealth. Nigeria follows in the third position with 225 billion and 9 900 wealthy individuals.

Below is the full list, according to the report:

1. South Africa - $649 billion

2. Egypt - $303 billion

3. Nigeria - $225 billion

4. Morocco $114 billion

5. Kenya - $93 billion

6. Angola - $69 billion

7. Ghana - $59 billion

8. Ethiopia - $57 billion

9. Tanzania $57 billion

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Nigeria secures the third position with $225 billion and 9,900 holding the countries wealth. Photo source: AfriAsia Bank

Nigeria secures the third position with $225 billion and 9,900 holding the countries wealth. Photo source: AfriAsia Bank
Source: UGC

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Source: Briefly.co.za

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