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Top 10 richest countries in Africa in 2025

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This article presents the top 10 wealthiest countries in Africa. We also explore the various economic strength of each country mentioned that puts it on the map of the richest countries in the continent.

Country

Net Worth

1.      Nigeria

$440,834

2.      South Africa

$419,015

3.      Egypt

$404,143

4.      Algeria

$163,044

5.      Morocco

$142,866

6.      Ethiopia

$111,271

7.      Kenya

$110,347

8.      Ghana

$77,594

9.      Ivory Coast

$70,043

10.   Tanzania

$67,841


  1. Nigeria ($440,834): Nigeria is the richest country in Africa. Emerging as the economic powerhouse of Africa, Nigeria boasts a thriving oil industry, abundant natural resources, and a mushrooming tech industry. With a large population and a rapidly growing economy, Nigeria leads the pack as the wealthiest country on the continent.
  1. South Africa ($419,015): Known for its well-developed infrastructure, diverse economy, and robust financial sector, South Africa stands as a beacon of economic stability in Africa. South Africa is the second richest country in Africa after Nigeria. With a mix of mining, agriculture, and manufacturing industries, South Africa maintains its position as a key player in the continent's economy.
  1. Egypt ($404,143): Egypt is the home to one of the world's oldest civilizations, Egypt continues to be a dominant force in African economics as it comes third among the richest countries in Africa. Its strategic location, tourism industry, and thriving agriculture sector contribute significantly to its wealth.
  1. Algeria ($163,044): With vast reserves of oil and natural gas, Algeria remains one of the wealthiest nations in Africa. Its hydrocarbon resources, along with a developing manufacturing sector, fuel its economic growth and stability.
  1. Morocco ($142,866): Positioned at the crossroads of Africa and Europe, Morocco boasts a diverse economy driven by agriculture, tourism, and manufacturing. Its strategic investments in infrastructure and renewable energy further solidify its economic standing.
  1. Ethiopia ($111,271): With one of the fastest-growing economies in the world, Ethiopia is making significant strides in various sectors, including agriculture, manufacturing, and telecommunications. Its large population and ambitious development projects contribute to its economic strength.
  1. Kenya ($110,347): Serving as East Africa's economic hub, Kenya is known for its vibrant service sector, particularly in finance, telecommunications, and tourism. With a strong entrepreneurial spirit and strategic investments in infrastructure, Kenya continues to attract investors and foster economic growth.
  1. Ghana ($77,594): Endowed with abundant natural resources, including gold, cocoa, and oil, Ghana boasts a stable democracy and a growing economy. Its commitment to good governance and economic reforms has positioned it as one of Africa's success stories.
  1. Ivory Coast ($70,043): As the world's leading producer of cocoa, Ivory Coast relies heavily on agriculture for its economic prosperity. Despite challenges such as political instability, the country has made significant progress in diversifying its economy and attracting foreign investment.
  1. Tanzania ($67,841): Blessed with natural beauty and resources, Tanzania's economy thrives on agriculture, mining, and tourism. Its stable political environment and strategic investments in infrastructure contribute to its economic resilience. Tanzania is the tenth richest country in Africa.

Africa is a diverse continent with great potential to grow. It has a population of 1.39 billion people and a GDP of $3.1 trillion (nominal; 2023 est) $8.86 trillion (PPP; 2023 est).

You might also be interested in this article Richest To the Poorest Countries in the World

Ranking Continents by Wealth

Continent

GDP (Billion USD)

Asia

38,435  

North America

31,603

Europe

25,440

South America

4,100

Africa

2,858    

Oceania

1,979