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  • Updated: January 16, 2023

Ten Highest-Paid Presidents In Africa

Ten Highest-Paid Presidents In Africa

When we discuss the highest-paid presidents in the world, the African continent can not be ignored. 

Africa, being a continent blessed with abundant natural resources, serves as one of the reasons why the leaders are among the highest paid in the world. 

With the abundant resources in Africa, the continent is still plagued by underdevelopment and poverty, however, this has never stopped African Presidents from taking home huge amounts of salaries. 

In this article, we will rank the top ten highest-paid presidents in Africa.

Our ranking will be from descending to ascending order. 


10. Hage Geingob, Namibia – $100,000

Namibian President Hage Geingob is one of the highest-paid presidents in Africa, earning $100,000 a year.

He is ranked tenth among Africa's highest-paid presidents.

He is Namibia's third and current president, having taken office on March 21, 2015. According to reports, 34% of his salary is donated to charity.


9. Azali Assoumani, Comoros – $115,000

President Azali of Comoros is among the highest-paid sitting president in Africa with an annual salary of $115,000. 

Despite presiding over one of Africa’s poorest and most unpopular countries, he still takes home one of the best pay-check on the continent. 

 

8. Emmerson Mnangagwa, Zimbabwe - $146,590

Emmerson Mnangagwa has been president of Zimbabwe since 24 November 2017. 

He earns $146,590 per year in his position as president; making him one of the top-earning African leaders. 

He presides over a small country with a population of about 14 million people and a GDP per capita of $1,128. 

The country has a diversified economy that has plenty of growth potential.

 

7. Teodoro Obiang Nguema Mbasogo, Equatorial Guinea – $150,000

President Teodoro Obiang Nguema Mbasogo of Equatorial Guinea has been in office since August 1979.

As president, he gets $150,680 a year, making him one of Africa's highest-paid presidents.

Equatorial Guinea has a robust economy; the country's main export is petroleum, but it also has a variety of other products in varied quantities.

The country has a GDP per capita of $7,143, which is rather high by African standards, yet other presidents make far more than Teodoro Obiang Nguema Mbasogo.

Furthermore, after more than 30 years in office, he had the option of increasing his salary.

Equatorial Guinea has a relatively good standard of living; it is one of the richest African countries.

 

6. Abdelmadjid Tebboune, Algeria – $168,000


Algerian President Abdelmadjid Tebboune has been in office since 2019.

He now earns $168,000 a year as the country's president, and he has previously held key positions in the country such as Minister of Defense, Prime Minister, and Minister of Housing.

Abdelmadjid Tebboune is Algeria's most powerful man and one of the continent's most powerful people.

He has implemented far-reaching changes throughout the country, to transform Algeria into one of the world's largest economies.

Abdelmadjid Tebboune has brought the country together and placed it on the correct track.

His annual salary of $168,000 is relatively low for a country like Algeria, which is considered prosperous by African standards.


5. Yoweri Museveni, Uganda - $183,216

Gen. Yoweri Kaguta Museveni is the President of Uganda, a position he has held since 1986.

He makes $183,216 per year, making him one of Africa's highest-paid presidents.

With his massive income throughout the years and additional payments owed to him as Uganda's leader for roughly 35 years, he has built a fortune estimated at $13 billion, making him one of the continent's richest people.

Yoweri Museveni was a military officer who led rebellions against Obote and Idi Amin, and he helped restore normalcy to the country when Idi Amin nearly ran it aground.

Even though he is no longer courted by Western powers, Yoweri Museveni has managed to stabilize the country and restore the economy.


4. William Ruto, Kenya - $192,000

President William Ruto is the current President of Kenya.

With an annual salary of $192,200, William Ruto is one of the highest-paid presidents in Africa; and with an estimated $2.5 billion, his family is among the richest in the country.

William Ruto has a personal net worth of about $322 million; making him one of the richest in the country.

Even though there is still time for William Ruto to prove his political mettle by initiating some long-lasting reforms, he has already proved himself as an astute investor and businessman.

 

3. Cyril Ramaphosa, South Africa – $223,500



South Africa is led by President Cyril Ramaphosa. He is also a businessman who was formerly a labour leader.

Cyril Ramaphosa, the President of South Africa, makes $223,500 per year, making him one of the highest-paid presidents in Africa.

He is reported to be worth $500 million, and his fortune is unrelated to his job as president.

He is one of South Africa's wealthiest and most influential people.

Cyril Ramaphosa is a savvy politician and businessman.


2. King Mohammed VI, Morocco – $480,000

King Mohammed VI of Morocco is Africa's second highest-earning sovereign and, without a question, one of the most powerful.

After his father, King Hassan II, died on July 23, 1999, he ascended to the throne.

Because Morocco is a hereditary monarchy, he ascended to the throne after his father died.

He will also reign on the throne until death, making him Africa's longest-serving ruler.

King Mohammed VI’s palace has a daily operating budget of $960,000.

Every year the state pays 2.576 billion Dirhams to the palace; this covers staff salaries, clothes, cars, as well as maintenance of equipment. 


1. Paul Biya, Cameroon – $620,976

Paul Biya, the president of Cameroon, is paid $620,976 a year, ranking him first among the highest-paid presidents in Africa. 

But that's not all; he is also the second-longest-ruling president in Africa, having presided over Cameroon since November 6, 1982.

He is also the oldest head of state in the world and the current non-royal national leader with the second-longest continuous tenure.

Paul Biya earns an estimate $620,976 in a year, this does not include fixed premiums, fees of sovereignty, and weekly wages.    

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