Seychelles capital, Victoria
Top 10 Richest Countries On The African Continent – 2015
African is one of the biggest continent in the world with 54 sovereign states, although it is also known as the poorest continent, but some of these states have good economies basing on their Gross Domestic Product ( GDP ) per capita.
Check also: The top 10 poorest countries in Africa 2015
Below is the list of the top 10 richest countries in Africa.
(1) Seychelles – $25,229 ( GDP ) per capita:
Seychelles was ranked as number one richest country in Africa because of its highest gross domestic product per capital, its population is approximately 94,000. There is plenty of fishing and shipping opportunities, aswell as numerous best beaches in Africa, fantastic shopping resorts and hotels.
Seychelles was ranked as number one richest country in Africa because of its highest gross domestic product per capital, its population is approximately 94,000. There is plenty of fishing and shipping opportunities, aswell as numerous best beaches in Africa, fantastic shopping resorts and hotels.
(2) Equatorial Guinea – $23,370 ( GDP ) per capita:
Equatorial Guinea was ranked the second richest country in Africa, however it has managed to maintain its low population which is just 736,296. This country is one of the largest oil producers on the African continent.
Equatorial Guinea was ranked the second richest country in Africa, however it has managed to maintain its low population which is just 736,296. This country is one of the largest oil producers on the African continent.
(3) Gabon – $20,612 ( GDP ) per capita:
Gabon was ranked the 3rd richest country in Africa though there is a decline in oil production these days but it has been among the top five oil producing countries on the African continent, because of that powerful resource, Gabon has managed to develop its education sector and many others.
Gabon was ranked the 3rd richest country in Africa though there is a decline in oil production these days but it has been among the top five oil producing countries on the African continent, because of that powerful resource, Gabon has managed to develop its education sector and many others.
(4) Botswana – $17,101 ( GDP ) per capita:
Botswana was ranked the 4th richest country in Africa because of its middle income economy, Diamond mining has strengthened the economy of Botswana aswell as tourism, financial services and farming sector.
Botswana was ranked the 4th richest country in Africa because of its middle income economy, Diamond mining has strengthened the economy of Botswana aswell as tourism, financial services and farming sector.
(5) Mauritius – $16,100 ( GDP ) per capita:
Mauritius was ranked the 5th richest country in Africa depending on its tourism, financial services and information technology which is now booming the economy on a high speed therefore attracting many foreign investors.
Mauritius was ranked the 5th richest country in Africa depending on its tourism, financial services and information technology which is now booming the economy on a high speed therefore attracting many foreign investors.
(6) South Africa – $11,914 ( GDP ) per capita:
South Africa was ranked the 6th richest country in Africa because of its upper middle income economy, however SA’s Economy is the second largest on the African continent and the 28th in the whole world, according to world bank. But more than a quarter of its total population is unemployed surviving on less than $1.25 a day.
South Africa was ranked the 6th richest country in Africa because of its upper middle income economy, however SA’s Economy is the second largest on the African continent and the 28th in the whole world, according to world bank. But more than a quarter of its total population is unemployed surviving on less than $1.25 a day.
(7) Libya – $11,497 ( GDP ) per capita:
Libya was ranked the 7th richest country in Africa because of its largest oil sector that brings in huge revenues each year and this makes it to have an upper middle economy with its small population.
Libya was ranked the 7th richest country in Africa because of its largest oil sector that brings in huge revenues each year and this makes it to have an upper middle economy with its small population.
(8) Tunisia – $9,900 ( GDP ) per capita:
Tunisia was ranked the 8th richest country in Africa because of its booming tourism, manufacturing and mining sector aswell as different cultural experience that has attracted western tourists.
Tunisia was ranked the 8th richest country in Africa because of its booming tourism, manufacturing and mining sector aswell as different cultural experience that has attracted western tourists.
(9) Namibia – $8,200 ( GDP ) per capita:
Namibia was ranked the 9th richest country in Africa because of its production of high quality minerals like diamond which has dominated the economy.
Namibia was ranked the 9th richest country in Africa because of its production of high quality minerals like diamond which has dominated the economy.
(10) Algeria – $7,500 ( GDP ) per capita:
Algeria was ranked the 10th richest country in Africa because of its largest oil production which makes 70 percent of the country’s total budget. Algeria is also one of the suppliers of mineral resources such as copper, mercury, iron and zinc.
Algeria was ranked the 10th richest country in Africa because of its largest oil production which makes 70 percent of the country’s total budget. Algeria is also one of the suppliers of mineral resources such as copper, mercury, iron and zinc.
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