Meet Africa’s top five richest leaders as World Bank warns the continent could be home to 90% of the world’s poor by 2030

Mohammed Awal November 21, 2019
Paul Kagame, president of Rwanda, speaks during the Milken Institute Mena Summit 2019 in Abu Dhabi. photograph: Pawan Singh/The National

Africa is well-endowed with natural resources. Unfortunately, high levels of corruption amongst the political elites have forced many citizens to live below the poverty line.

The World Bank, for instance, has warned Africa could be home to 90% of the world’s poor by 2030.

That’ll be up from 55% in 2015 as governments across the continent have little desire to invest in poverty reduction programs.

“As countries in other regions continue to make progress in poverty reduction, forecasts suggest that poverty will soon become a predominantly African phenomenon,” said the World Bank.

It is against this backdrop that Face2face Africa looks at five richest African leaders.

Last Edited by:Kent Mensah Updated: November 21, 2019


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