10 Most Expensive Countries in Africa

3. Gabon

Real GDP / GDP by PPP ratio: 0.57

5 year GDP growth rate: 14.7%

Gabon’s currency is the African franc, which has been guaranteed a parity of one French franc to 50 African francs, because of which the nation is home to some really high costs. Libreville, the capital of Gabon, was even recently ranked among the most expensive cities in the world. Many experts believe that the only way to reduce the cost of living is to devalue the C.F.A., which most franc-zone companies are vehemently opposed to.