5 Richest Countries in Africa Ranked by Net Worth

In this article, we will talk about the 5 richest countries in Africa ranked by net worth. If you want to see a detailed analysis of the African economy, click 20 Richest Countries in Africa Ranked by Net Worth. 

5. Kenya

Total Wealth in 2021: $369 Billion

Total Wealth in 2010: $65 Billion

Percentage Change: 467.69%

Kenya’s wealth soared by 467.69% from 2010 to 2021. In 2010, the country had $65 billion in total wealth and in 2021 this number grew to $369 billion. Located along the Indian Ocean in East Africa, Kenya ranks among the richest countries in Africa ranked by net worth.

4. Morocco

Total Wealth in 2021: $374 Billion

Total Wealth in 2010: $206 Billion

Percentage Change: 81.55%

Morocco borders the Atlantic Ocean and the Mediterranean Sea. It is a country of diverse cultures such as Arabian, Berber, and European. Morocco’s total wealth in 2021 was $374 billion, up by 81.55% as compared to 2010, when the country’s wealth was $206 billion. The country is placed fourth on our list of the richest countries in Africa ranked by net worth.

3. Nigeria

Total Wealth in 2021: $752 Billion

Total Wealth in 2010: $228 Billion

Percentage Change: 229.82%

Nigeria is one of the richest countries in the world. The African country is situated along the Gulf of Guinea. With a total wealth of $752 billion in 2021, Nigeria makes our list of the richest countries in Africa ranked by net worth.

2. South Africa

Total Wealth in 2021: $897 Billion

Total Wealth in 2010: $938 Billion

Percentage Change: -4.37%

South Africa has a population of 59.8 million and the country is backed by a strong economy. The country’s total wealth in 2021 stood at $897 billion and is placed second on our list of the richest countries in Africa ranked by net worth.

1. Egypt

Total Wealth in 2021: $1.4 Trillion

Total Wealth in 2010: $552 Billion

Percentage Change: 154.53%

Egypt is the only African economy with a total wealth of over $1 trillion. The country has made staggering economic development, which makes it rank at the top of the richest countries in Africa, ranked by net worth.

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