Africa’s richest countries in 2024, based on World Bank GDP per capita data, highlight both rising prosperity and persistent inequality across the continent. Seychelles leads the ranking despite a slight contraction, followed by Mauritius and Gabon, each benefiting from strong tourism, services, or resource-driven revenues. Further down the list, nations such as Algeria, South Africa, and Namibia posted steady gains fueled by energy exports, improved services, and renewed investment momentum. Meanwhile, smaller economies like Cabo Verde showed impressive rebounds on the back of tourism and remittances. Together, these trends underscore how governance, structural reforms, and sectoral strengths continue to shape living standards across Africa.
Nairametrics
