Top 10 richest Africa Countries 2022
Map of Africa
Top 10 richest African Countries in 2022
1. Nigeria US$ 514.05 Billion
Nigeria is a West African country that has a lot of Petroleum on its land. The country is also endowed with other natural resources like; gas, tin, iron ore, coal, limestone, niobium, lead, zinc and arable land.
2. Egypt US$ 394.28 Billion
Due to the presence of Nile Valley and Delta in Egypt, they have natural resources like petroleum, iron ore, phosphate, natural gas. In the Western Desert, there’s crude oil in abundance. Egypt has an arable land and water bodies hence, they venture a lot into agriculture activities and fishing to boost the economy.
3. South Africa US$ 329.53 Billion
Widely, South Africa is known for having a large reserve of gold since ages. Johannesburg city is well known for gold mining. They employed the right and appropriate methods to mine the gold and other natural resources including chromium, iron ore, platinum, manganese, copper, uranium, silver, beryllium, & titanium.
They agencies in charge compensate the areas they found the minerals duly hence a flow of proper development
4. Algeria US$ 151.46 Billion
The North African country Algeria has numerous mineral deposits. Some are Helium, Zinc, Solar energy, and Silicon. In the world, it is ranked as the 4th country that exports gas in large quantities.
Again, they have other natural mineral deposits boost including Oil which serves as the country’s spinal cord , Lead, Iron ore, Phosphates, & Uranium.
5. Morocco US$ 124.00 Billion
North African countries have nice reserves of natural in large quantities to some extent. The main natural resources on their land are as follows : iron reserve, and phosphates.
In addition to the mentioned natural resources, Morocco also has zinc, reserves of lead, copper, fluorine, an encouraging reserve of silver, manganese, salt regions, cobalt, & the most precious, gold on their land.
6. Kenya US$ 106.04 Billion
Kenya is blessed with a lot of natural resources. They have Soda ash on their land. Soda ash is a natural resource used in the making of glass.
Other natural resources available in large deposits are zinc, salt, limestone, gemstones. In addition, they also have gypsum, fluorspar, diatomite, and hydropower.
Petroleum and many more recorded natural minerals with large Forest reserves for wildlife are also on the land with brings a lot if revenue to the country.
7. Ethiopia US$ 93.97 Billion
They have a large worked on dam that supplies hydro power for the country.
Undeniably, Ethiopia have gold, potash, natural gas, copper. Adding, they also have platinum, and natural gas in a large scale.
8. Ghana US$ 74.26 Billion
Ghana is blessed with numerous natural resources. They have gold in large quantities, timber, manganese, bauxite, diamonds, and oil in large quantum.
9. Côte d’ivoire US$ 70.99 Billion
The country is well known for exporting coffee, cocoa, palm oil. They also have natural resources like; nickle in a huge quantity, gold regions, diamonds, Iron ore and cement.
10. Angola US$ 66.49 Billion
On the soil of Angola, they have reserve of valuable natural resources like diamonds, iron ore, phosphates, copper, gold and manganese. At the Southwestern region of Angola lies a reserve of Iron ore but their grade is very low.
Also, they have other natural mineral that are mined but in a small scale or quantity. They include: copper, uranium, feldspar, and platinum, manganese, gold, & phosphates.
SOURCE: Coverghana.com.gh
