Below is a list of the highest paid presidents in Africa:
- Paul Biya; First on our list of the highest-paid presidents in Africa is Paul Biya of Cameron.
Since 1982, Paul Biya has presided over Cameroon. He is one of the most influential people in Africa and, at 88, the oldest head of state there. Paul Biya receives a yearly salary of $620,976. That is even more than Joe Biden, the vice president of the United States, earns annually and is by far the largest salary of any African leader.
Since taking office on November 6, 1982, President Paul Biya has ruled Cameroon, making him one of the current long-serving non-royal leaders of state in both the continent and the entire world. Paul Biya makes an estimated $620,976 per year; fixed premiums, costs associated with sovereignty, and weekly notes are not included in this figure. As a result, he was given the top slot on the list.
- King Mohammed VI; The second-highest-paid and unquestionably most powerful sovereign in Africa is King Mohammed VI of the Kingdom of Morocco.
On July 23, 1999, after the passing of his father, King Hassan II, he took the throne. He ascended to the throne following the death of his father because Morocco is a hereditary monarchy. He will be the longest-serving head of state in Africa if he continues to reign from that throne until his passing. The daily running budget for the palace of King Mohammed VI is $960,000. The state gives the palace 2.576 billion Dirhams a year to fund employee salaries, clothing, cars, and equipment upkeep.
- Cyril Ramaphosa; South Africa’s president is Cyril Ramaphosa. He is a businessman as well, and he formerly led a union. Cyril Ramaphosa is reported to be worth $500 million, therefore his wealth is unrelated to his office as president. He is both one of the wealthiest and most influential people in South Africa. Cyril Ramaphosa is a wealth creator in addition to being an intelligent politician and businessman.
- William Ruto;
William Ruto takes home Ksh 1.5 million per month which translates to Ksh 18 million per year.The amount is equivalent to $189,000 per year.
- Yoweri Museveni; $183,216 in salary annually
Gen. Yoweri Kaguta Museveni has been the president of Uganda since 1986. With an annual salary of $183,216, he ranks among the highest-paid presidents in Africa. He has built a fortune estimated at nearly $13 billion, making him one of the richest people on the continent thanks to his enormous income over the years and additional payments owed to him as leader of Uganda for about 35 years. He has made Uganda more commercially viable and attracted foreign businesses. One of the longest-serving non-royal presidents in history is Yoweri Museveni.
- Abdelmadjid Tebboune; Since 2019, Abdelmadjid Tebboune has presided over Algeria. He currently makes $168,000 a year as the president of the nation, and he has also held important roles including defense minister, prime minister, and minister of housing. One of the most prominent people on the continent and the most powerful man in Algeria is Abdelmadjid Tebboune.
He has implemented extensive reforms across the board with the goal of making Algeria one of the world’s most prosperous nations. Abdelmadjid Tebboune has brought the nation together and put it on the correct course. His annual salary of $168,000 is extremely low considering that Algeria is a wealthy nation by African standards.
- Teodoro Obiang Nguema Mbasogo; Since August 1979, President Teodoro Obiang Nguema Mbasogo has presided over Equatorial Guinea. He is one of the best paid presidents in Africa with an annual salary of $152,680 as the head of state. Equatorial Guinea has a strong economy; petroleum is the main export, but the nation also exports a wide variety of other goods in varied quantities.
According to African norms, the nation’s GDP per capita of $7,143 is relatively high, and other presidents make significantly more money than Teodoro Obiang Nguema Mbasogo. Furthermore, he had the option of raising his pay after serving in office for more than 30 years. Equatorial Guinea, one of the wealthiest nations in Africa, has a rather good standard of living.
- Emmerson Mnangagwa; Since November 24, 2017, Emmerson Mnangagwa has served as president of Zimbabwe. As president, he receives $146,590 annually, ranking him among the highest-paid African presidents. He is in charge of a little nation with a GDP per capita of $1,128 and a population of roughly 14 million. The nation’s economy is diverse and has a lot of room to expand.
- Azali Assoumani (President of Comoros); since 2016, Azali Assoumani, 59, has served as the leader of Comoros, one of the most impoverished and unpopular nations in Africa. He previously served the nation from 1999 to 2006. Despite the fact that the country’s citizens are not having it easy, the president made the list. Azali Assoumani ranks eighth on the list with an annual income of roughly $115,000.
Annual income: around $115,000.
- Hage Geingob, (President of Namibia); Since 1997, Congo has been led by Denis Sassou. In comparison to other presidents of Africa, he enjoys a large salary as president ($108,400 per year). He served as a military commander in the nation’s army before ascending to the presidency. From 1979 to 1992, he also served as president. Despite the lack of a precise estimate of his net worth, he is regarded as one of the wealthiest African presidents.
Despite having a $1,972 GDP per capita, the Republic of Congo has a lot of room for expansion.
- Denis Sassou Nguesso (President of DR Congo); Annual income: about $110,000
President Denis Sassou Nguesso of the Democratic Republic of the Congo is next to last on the list. After the passing of his father, President Laurent-Désiré Kabila, he has been in office since 2001. In order to serve a second term, he was elected president in 2006 and again in 2011. He is one of our top richest presidents in Africa even though he comes in at number ten on the list. According to reports, Denis Sassou Nguesso earns roughly $110,000 annually, ranking him tenth among the highest-paid presidents in Africa.
If you look at the list above, you might be perplexed as to why these leaders are paid so much but produce little, if any, actual outcomes. Given the Top Ten African Presidents by Pay, you may judge if these leaders merit the millions they receive based on the status of their respective economies.
- Alassane Ouattara; $100,000 in salary annually. Since 2010, Alassane Ouattara has presided over the Ivory Coast. As president, he receives $100,000 annually, though it is unknown how long he has been getting that sum. Prior to becoming the president of the Ivory Coast, the economist held positions at the Central Bank of West African States and the International Monetary Fund.
The GDP per person in Ivory Coast is $2,325 and the country’s economy is growing. With the nation at peace, there is the possibility for growth at an astounding rate.
- George Weah (Liberia) $90,000
George Weah the current Liberian President, the only African player to get the Ballon d’Or, is regarded by many as one of the finest players to have missed out on the Champions League. At AS Monaco, where Arsene Wenger played a significant influence in his development, the Liberia international made his reputation.
- Paul Kagame (Rwanda) $35million annually
He has served Rwanda for the longest time now and he is still the current president of Rwanda with a net worth of $510million. Kagame is known for transforming Rwanda in terms of economy and creating employment opportunities to his people.
- Nana Akufo – Addo, (Ghana) $76000; Asante Nana Ghana’s president since 2017 is a politician from Ghana named Dankwa Akufo-Addo. Under the Kufuor-led administration, he previously held the positions of Attorney General from 2001 to 2003 and Minister for Foreign Affairs from 2003 to 2007. He has a net worth of $250million with an annual salary of $76000.
