Monday, September 19, 2022

Fact of the Day

 According to this year’s Africa Wealth Report, South Africa, Egypt, and Nigeria which respectively command $651 billion, $307 billion, and $228 billion in private wealth make up $1.18 trillion, translating to 56% of Africa’s $2.1 trillion total wealth, which is different from GDP, a monetary measure of the market value of all the goods and services produced in a specific time period in a country.

 Morocco and Kenya close the top five list in the continent with total private wealth worth $125 billion and $91 billion, respectively.

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