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*No SA, Nigeria Or Egypt? This New List Of Africa’s “Richest” Countries Has More Than A Few Surprises

In the last days of August 2019, World Population Review released updated data about the richest countries in Africa and the details may have sprung up more than a few surprises.

According to the latest data, the richest country in Africa is neither South Africa, nor Egypt, nor any of the usual suspects. Technically, Seychelles is the richest country in Africa in terms of collective national wealth, and countries like Equitoral Guinea and Gabon make up the rest of the top three.

One may begin to wonder how it is that these less-known, smaller African countries are topping the national wealth charts in the presence of the traditional heavyweights like Nigeria, South Africa, and Egypt, and it does beg some wonder. But the technicality supporting why those relatively smaller economies are considered richer countries is quite easy to grasp.