Connect with us

LIFESTYLE

List of the Richest Countries in Africa: Nigeria Didn’t Make Top 10 |See Full List

Published

on

Richest Countries in Africa: Nigeria Didn't Make Top 10

Trade, agriculture, human resources, and industry are the major components of the African economy. As of 2012, Africa housed 1.07 billion people in the 54 countries of the continent. Though the country is rich in resources, the people of the country have been exploited for decades and are poverty stricken. It is expected that the African economy will reach a GDP of $29 trillion by 2050. However, it is also estimated that the disparity in income will deter the wealth distribution among the people of the continent. Currently, a number of African countries are among the poorest while others have some of the fastest growing economies in the world.

 
Here we discuss the ten richest countries in Africa and the nature of their economies.

10. Namibia – $11,800

List of the richest countries in the world - You Won't Belive Where Nigeria is ranked

Namibia can be found in Southern Africa. With a per capita GDP of $11,800, it is the tenth richest country in Africa. Mining, agriculture, manufacturing, and tourism all play large parts in the country’s economy. The country is sparsely populated, with a population of around 2 million.

However, cost of living in Namibia remains relatively high. Many goods that are consumed within the country are imported, which contributes to their high costs. Furthermore, there is a monopoly over many commodities, which also further escalates this cost. The unemployment rate in Namibia is also high, at around 27.4%. The country today is characterized as an emerging economy.

9. Egypt – $12,100

List of the richest countries in the world - You Won't Belive Where Nigeria is ranked

Egypt is a transcontinental country with territories stretching from Africa’s northeast corner to Asia’s southwest corner across the Sinai Peninsula. Egypt shares its borders with the Gaza Strip and Israel, the Red Sea, Gulf of Aqaba, Red Sea, Sudan, and Libya. Cairo is the capital of the country. It ranks ninth on our list with a per capita GDP of $12,100.

The economy of Egypt depends on agriculture, tourism, natural gas, and petroleum imports, as well as revenues from the Suez Canal. A large number of Egyptians also work abroad. The remittances of these workers contribute to the wealth of the nation. Despite the abundant natural resources and nearness to the sea, overpopulation, desertification and decreasing water levels of the Nile are the major factors threatening the Egyptian economy. The infiltration of terrorist groups and internal rebellions also serve to damage the country’s economic stability.

8. South Africa – $13,500

List of the richest countries in the world - You Won't Belive Where Nigeria is ranked

South Africa, the southernmost country on the continent, is bordered by Namibia, Zimbabwe, Botswana, Swaziland, Lesotho, and Mozambique. The country has a mixed type of economy and has a relatively high GDP compared to other African countries. Despite this fact, South Africa has high rates of unemployment, poverty, and a wide gap between the rich and the poor. Nonetheless, it ranks eighth on the list with an average per capita income of $13,500.

 
South Africa is enlisted among the top 10 countries in the world for income inequality. The economic disparity among South Africa’s population is primarily a result of the apartheid regime in the country which ended in 1994. Gradual improvements in the country’s economy have occurred since then. Tourism is one of the biggest revenue generating industries in South Africa. Germany, US, Japan, and China are the biggest trade partners of South Africa outside of Africa.

7. Libya – $14,200

List of the richest countries in the world - You Won't Belive Where Nigeria is ranked

Libya is located in North Africa. It is the fourth largest country in Africa by land area. The population is around 6 million, and the per capita GDP is $14,200.

A country rich in oil reserves, Libya ranks as the 7th richest country in Africa by per capita GDP. Its oil reserves account for almost all of the country’s exports, and make up the fast majority of the country’s GDP as well. Libya is also rich in natural gas and gypsum. Libya is defined as being an “Upper Middle Income Economy” by the World Bank.

Like most entries on this list, the GDP of Libya is greatly due to its oil reserves and relatively small population. Per capita GDP does not take income inequality into consideration. Unemployment in Libya is high, and wavers around 21%.

6. Algeria – $15,000

List of the richest countries in the world - You Won't Belive Where Nigeria is ranked

Algeria, the largest country in Africa, is located in the Northern part of the continent. It is the 6th richest country in Africa with a GDP per capita of $15,000. The country has a population of over 40 million. Like many countries on this list, it is considered by the World Bank to be an upper middle country.

Traditionally, the state has played a large role in the economy of Algeria. However, in recent years, the economy has diversified. To date, unemployment rates remain high, especially among youth. The country’s economy relies greatly on hydrocarbons (petroleum and natural gas).

5. Botswana – $16,900

List of the richest countries in the world - You Won't Belive Where Nigeria is ranked

Botswana is located in southern Africa. The country is known for its reputation as a stable democracy. It has a population of around 2.1 million, and a land area of around 224,610 square miles.
The economy of Botswana grew very quickly. It is considered to be a middle-income country. The country is also home to a highly sophisticated banking system and a low level of foreign debt. Metals and gemstones are important to the economy of Botswana, and include resources such as uranium, gold, diamonds, copper, and, to a lesser extent, gold.

4. Gabon – $19,300

List of the richest countries in the world - You Won't Belive Where Nigeria is ranked

A Central African country, Gabon is located on the west African coast and is bordered by Equatorial Guinea, Cameroon, and the Republic of the Congo. Libreville is the capital and biggest city of the country. It ranks fourth on this list with an average GDP of $19,300.

The economy of Gabon centers around oil. However, over recent decades, oil production in Gabon has been declining, with some experts predicting that it is soon to run out. The Gabonese government has been accused of overspending. Again, it is important to note that income inequality is not taken into consideration when per capita GDP is reported. A low population of 1,475,000 and a high amount of oil revenue explains Gabon’s position on the list of richest countries. However, many of its residents continue to live in poverty.

3. Mauritius – $20,500

List of the richest countries in the world - You Won't Belive Where Nigeria is ranked

Mauritius is an island country located in the Indian Ocean off of the southeast coast of the African continent. Throughout its history, the country has been at times a Dutch colony, a French colony, and a British colony. It has been independent since 1968 and has a population of around 1.3 million. It is the third richest country in Africa with a GDP per capita of $20,500.

The economy of Mauritius is greatly centered around tourism. Although agriculture used to play an important role in the country’s economy, its important has shrunken. The World Bank refers to Mauritius as an “upper middle income economy”. It has been applauded for its free economy. Tourists are drawn to Mauritius for its pleasant climate, beautiful beaches, and warm ocean water.

2. Seychelles – $28,000

List of the richest countries in the world - You Won't Belive Where Nigeria is ranked

Seychelles is also an island country found in the Indian Ocean. It is actually made up of around 115 small islands. With a population of only 92,000, it has the tiniest population of any country in Africa. It ranks as the second richest country of Africa, with a reported per capita GDP of $28,000.

Seychelles is characterized as a highly developed country. However, income inequality is also rampant. The country’s economy is largely based on tourism, by an overwhelming margin. Fishing and the processing of natural resources such as coconut also play a part. Before tourists began to visit the country, plantations used to drive the economy of Seychelles. In recent decades, the government has tried to come up with initiatives of how they can reduce their dependence on tourism. Although it has been suspected that Seychelles may harbor offshore oil reserves, to this date none have been found. 

1. Equatorial Guinea – $38,700

List of the richest countries in the world - You Won't Belive Where Nigeria is ranked

Equatorial Guinea is a country located in Central Africa. It is relatively small, covering only around 10,830 square miles. The population measures at around 1,222,245. It is partly this low population that helps the GDP to remain relatively high. It comes in first place with a GDP per capita of $38,700.

Although this number may appear to be high, on the UN’s Human Development Index, Equatorial Guinea ranks 136th. This is mostly due to the extreme income inequality that is found within the country. It is difficult to determine what exactly the median income for those living in Equatorial Guinea would be, as access to the country is still rather limited. Although the country’s GDP is very high, it has been noted that many residents of Equatorial Guinea lack basic rights such as access to clean water. 

The Richest Countries In Africa

Rank Country Name GDP Per Capita (International Dollar)
1 Equatorial Guinea $38,700
2 Seychelles $28,000
3 Mauritius $20,500
4 Gabon $19,300
5 Botswana $16,900
6 Algeria $15,000
7 Libya $14,200
8 South Africa $13,500
9 Egypt $12,100
10 Namibia $11,800
11 Tunisia 11,700
12 Swaziland $9,800
13 Morocco $8,400
14 Angola $6,800
15 Republic of the Congo $6,800
16 Cape Verde $6,700
17 Nigeria $5,900
18 Sudan 4,500
19 Ghana $4,400
20 Mauritania $4,400
21 Zambia $3,900
22 Côte d’Ivoire $3,600
23 Djibouti $3,400
24 Kenya $3,400
25 Cameroon $3,300
26 São Tomé and Príncipe $3,300
27 Lesotho $3,100
28 Tanzania $3,100
29 Senegal $2,600
30 Chad $2,600
31 Mali $2,300
32 Benin $2,200
33 Uganda $2,100
34 Rwanda $1,900
35 Ethiopia $1,900
36 Burkina Faso $1,800
37 South Sudan $1,700
38 Zimbabwe $1,700
39 The Gambia $1,700
40 Sierra Leone $1,700
41 Guinea-Bissau $1,600
42 Comoros $1,500
43 Togo $1,500
44 Madagascar $1,500
45 Guinea $1,300
46 Eritrea $1,300
47 Mozambique $1,200
48 Niger $1,100
49 Malawi $1,100
50 Liberia $900
51 Burundi $800
52 Democratic Republic of the Congo $800
53 Central African Republic $700
54 Somalia $400

ENTERTAINMENT

Tanzanian Singer, Juma Jux Dedicates Award To Fiancée, Priscilla Ojo

Published

on

Juma Jux Dedicates Award To Fiancée, Priscilla Ojo | fab.ng

Tanzanian artist Juma Jux delighted fans once again by publicly honouring his fiancée, Nigerian influencer Priscilla Ojo, popularly known as Priscy, during his acceptance speech at the Jaylia Awards.

Recently, the couple had expressed their longing for each other on Instagram after returning to their respective countries. However, they joyfully reunited just days before the event, where Juma Jux proudly received the award for Best Artist/Group Eastern Africa 2024.

In his acceptance speech, Juma Jux warmly acknowledged Priscy, referring to her as his “beautiful wife-to-be” and even pointed her out in the crowd. His heartfelt words drew applause from the audience and added a personal touch to the celebratory moment.

Priscy’s mother, renowned Nigerian filmmaker and businesswoman Iyabo Ojo joined in the celebration. She shared a video of the touching moment on Instagram to commend Juma’s achievement.

 

View this post on Instagram

 

A post shared by Queen Mother (@iyaboojofespris)

The romance between Priscilla Ojo and Juma Jux first sparked public curiosity in July when a video of the two dancing at a club went viral.

Following the video’s spread, Juma fueled speculation by sharing romantic photos of them on Instagram. This led Priscy to confirm their relationship in a comment where she vowed their connection would be “forever.”

Soon after, she officially shared the relationship news on her own Instagram, cementing their bond in the public eye.

In August, Priscy further solidified their relationship. She invited Juma Jux to Nigeria to celebrate his birthday, where her family greeted him warmly. Shortly after, Juma endeared himself to fans even more by releasing a love song dedicated to Priscy.

The song’s music video features the couple dancing intimately, with Juma captioning that he wrote the song specifically for them.

As a result, the track quickly gained popularity across social media platforms, inspiring the “Ololufe Mi Challenge.” Further, the couples joined in to celebrate their own love stories.

With each public display, Juma Jux and Priscy continue to captivate fans. This blends their cultures and passions into a love story cherished by many across East and West Africa.

Check out more updates here.

Continue Reading

FASHION

5 Feminine Fashion Items Originally Made For Men

Published

on

Female Fashion Items Originally Made For Men | fab.ng

Today, if you spot a man wearing high heels, a thong, and carrying a handbag, it might seem like he’s dressing in a very feminine way. Yet, these female fashion items originally made for men were once standard in men’s wardrobes.

In earlier eras, high heels, thongs, and handbags were functional and stylish choices for men, symbolizing status and class rather than gender expression.

Gender, as we understand it now, exists on a broad spectrum, where behaviours or styles often labelled as “feminine” or “effeminate” don’t belong exclusively to one gender.

Many traits and styles we consider feminine today have roots in male fashion, showing that what society defines as masculine or feminine has shifted significantly over time.

1. High Heels

High heels are perhaps the most surprising item on this list of female fashion items originally made for men. Today, they are icons of femininity, yet their origins are deeply rooted in practical military use for men.

In the 10th century, Persian soldiers wore high heels to secure their feet in stirrups while on horseback, which allowed for better balance and accuracy in combat.

High heels made their way into European fashion in the 17th century when male aristocrats embraced them not only for practicality but also as a status symbol. High heels gave men an imposing height, adding a powerful edge to their appearances.

Over time, high heels evolved into symbols of sophistication and grace, becoming strongly associated with women’s fashion.

2. Handbag

5 very feminine fashion items originally made for men - Live Ghana TV

The handbag, a staple in modern women’s wardrobes, is another example of female fashion items originally made for men. In the early 1900s, hand-held bags were popular among men who needed a practical way to carry personal items.

Over time, designers began adapting these bags for women by adding feminine touches like closures, zippers, and multiple compartments, making them more functional and stylish.

By the mid-20th century, handbags had become an essential female accessory, reflecting the daily needs and lifestyles of women. This shift not only transformed the design but also redefined handbags as symbols of feminine fashion.

3. Thongs

Another surprising entry on the list of female fashion items originally made for men is the thong. Long before they became a popular choice of women’s underwear, thongs were worn by men, specifically designed to cover the private areas while leaving the buttocks exposed.

Archaeological evidence shows that thongs date back to around 42,000 BC in Africa, and similar garments were later seen in ancient Egypt, Greece, Crete, and Japan.

These early thongs were both functional and symbolic, often worn by men of higher status or those involved in athletic or ritual activities. Over centuries, this minimalist garment evolved, eventually becoming popular among women as a stylish and versatile undergarment.

4. Stockings

Stockings now considered a delicate, feminine accessory, were actually a male fashion staple for centuries. Consequemtly, this makes them another fascinating example of female fashion items originally made for men.

Dating back to the 9th century, men wore various forms of legwear, from breeches to pantyhose, primarily as practical garments for warmth and comfort. Stockings were commonly worn by men of the upper classes. They often wear white or vibrant colours to denote wealth and status.

Meanwhile, working-class men wore simple black stockings. By the 16th century, stockings were an essential element of a man’s wardrobe, showcasing his social standing and style. Over time, this style transitioned to women’s fashion, where stockings became a symbol of elegance and allure.

5. Menstrual Pad

Among the most surprising female fashion items originally made for men are disposable menstrual pads. Although primarily thought of as a product designed for women’s hygiene, the disposable pad has roots in military medicine.

Invented by Benjamin Franklin, these pads were initially developed to help injured soldiers stop bleeding more effectively. Their absorbent and easy-to-use nature caught the attention of nurses, who began using them as menstrual pads. They recognized their practical benefits for women’s hygiene.

This dual purpose led to the eventual evolution of the menstrual pad into a women’s health product. It transformed a wartime invention into an everyday essential for women.

Rethinking Masculinity and Femininity in Fashion

These five female fashion items originally made for men challenge the notion of fashion as being inherently “masculine” or “feminine.” Rather, the ways these items transitioned from male to female wardrobes reflect a shift in cultural attitudes and values over time.

Fashion remains a dynamic expression, evolving as society redefines gender norms and personal identity. In the end, these female fashion items originally made for men remind us that fashion has always been. Indeed, it continues to be, a rich blend of practicality, style, and self-expression.

Read more here.

Continue Reading

OPINION

10 Ways To Let Go Of Negative Thoughts In A Relationship

Published

on

Letting Go Of Negative Thoughts In A Relationship | fab.ng

What causes negative thoughts in a relationship?

Negative thoughts in a relationship often arise when a partner says or does something that upsets you, and instead of addressing the issue openly, you bottle up those emotions.

Rather than having an honest discussion or a healthy argument to resolve the matter, you choose to internalize the hurt, allowing negativity to fester.

Several factors can lead to negative thinking in a relationship. This includes unresolved conflicts, poor communication, trust issues, past traumas, unrealistic expectations, or a generally pessimistic mindset from one or both partners. Each of these can strain the relationship and lead to further emotional distance if not addressed.

You must express your hurt or frustration openly, rather than letting those feelings build up into negative thoughts that erode the connection between you and your partner.

Keeping these emotions bottled up leads to misunderstanding and resentment, causing both partners to drift apart. If these issues remain unresolved, they can eventually cause the relationship to fall apart.

By tackling these negative patterns head-on, couples can rebuild their emotional bond and strengthen their connection.

Redirect negative thoughts in your relationship into positive, constructive ones by following steps that let you acknowledge, process, and then release them. Studies highlight a “magic relationship ratio” that can transform negativity into positivity, improving relationship satisfaction.

How to Overcome Negative Thoughts in a Relationship

Negative thought patterns can cast a shadow over even the strongest relationships. By understanding the root causes and implementing practical strategies, you can break free from these harmful cycles and cultivate a more positive and fulfilling connection.

1. Step Back and Regain Perspective

Recognize that your thoughts are not an intrinsic part of you. They are fleeting visitors that can be acknowledged and set aside without immediate reaction. By creating distance between yourself and negative thoughts, you gain a clearer perspective and realize their temporary nature.

2. Identify the Culprits

The first step to overcoming negative thoughts is to identify them. Pay attention to recurring patterns, such as self-doubt, resentment, or fear. Journaling or meditation can be helpful tools for uncovering the underlying causes of these thoughts, whether they stem from past experiences or present-day challenges.

3. Embrace Your Emotions

Many people suppress their emotions, believing that ignoring them will make them disappear. However, this approach can lead to increased stress and anxiety. Instead, allow yourself to feel your emotions fully. By acknowledging and accepting your feelings, you can process them healthily and let them go.

4. Express Gratitude and Release Control

Negative thoughts often serve as a protective mechanism, alerting us to potential threats. However, it’s important to balance this protective function with gratitude and acceptance. By appreciating the positive aspects of your relationship and releasing the need to control every situation, you can alleviate unnecessary stress and anxiety.

5. Seek Support and Gain Fresh Perspectives

Don’t hesitate to reach out to trusted friends, family, or a therapist for support and guidance. Sharing your concerns with others can provide valuable insights and alternative viewpoints. A therapist can offer professional advice and tools to help you overcome negative thought patterns and build a stronger relationship.

6. Practice Forgiveness and Let Go of Grudges

Holding onto grudges can poison your mind and your relationship. By forgiving your partner for past mistakes, you free yourself from resentment and create space for growth and understanding.

7. Prioritize Self-Care

To cultivate a healthy relationship, you must first nurture your own well-being. Engage in activities that bring you joy, practice self-compassion, and prioritize self-care. When you feel good about yourself, you’re better equipped to handle challenges and maintain a positive outlook.

8. Replace Negativity with Positivity

Challenge negative thoughts by consciously replacing them with positive affirmations. Focus on your partner’s strengths and express gratitude for their positive qualities. By consistently affirming the positive aspects of your relationship, you can rewire your brain to think more positively.

9. Harness the Power of Mindfulness and Meditation

Mindfulness and meditation can help you quiet your mind, observe your thoughts without judgment, and let go of negativity more easily. Regular practice can promote emotional resilience and a healthier mindset.

10. Set Realistic Expectations

Unrealistic expectations can lead to disappointment and frustration. Instead, set realistic goals for yourself and your partner. Remember that relationships are imperfect and require effort from both parties. By embracing imperfections and approaching challenges with patience and understanding, you can build a stronger and more resilient bond.

By implementing these strategies, you can transform your relationship and create a more positive and fulfilling future together.

Can negative thoughts ruin your relationship?

Yes, negativity can significantly damage a relationship. It can erode trust, breed resentment, and hinder open communication. Over time, constant negativity can create a toxic environment that stifles emotional intimacy and overall happiness.

What happens if your partner is too negative?

A consistently negative partner can strain a relationship to its breaking point. Their negativity can lead to increased conflict, decreased emotional intimacy, and a general lack of fulfilment. In severe cases, it can even lead to feelings of isolation and depression.

Negative thought patterns can create a vicious cycle, gradually eroding a once-healthy relationship. If your partner is unwilling to acknowledge their negative behaviour or respond to constructive communication, seeking professional help through couples counselling may be the best course of action.

This can provide a neutral space for open dialogue and help both partners develop healthier communication and conflict-resolution skills.

If you would like to read more on love and relationships, check here.

Continue Reading

Latest

143 to hit cinemas this November | fab.ng 143 to hit cinemas this November | fab.ng
MOVIES9 mins ago

Diana Childs Ajayi’s Upcoming Film, “143” To Hit Cinemas This November

Filmmaker Diana Childs recently released the trailer for her upcoming movie “143”, directed by Jide “Jblaze” Onyegbile. The film will...

Usman Abdallah urges inclusion of Musa in Nigeria’s CHAN | fab.ng Usman Abdallah urges inclusion of Musa in Nigeria’s CHAN | fab.ng
SPORTS21 hours ago

Kano Pillars’ Usman Abdallah Urges Inclusion Of In-Form Musa In Nigeria’s CHAN Squad

Kano Pillars head coach, Usman Abdallah (50), is making a strong case for the inclusion of veteran winger Ahmed Musa...

Juma Jux Dedicates Award To Fiancée, Priscilla Ojo | fab.ng Juma Jux Dedicates Award To Fiancée, Priscilla Ojo | fab.ng
ENTERTAINMENT22 hours ago

Tanzanian Singer, Juma Jux Dedicates Award To Fiancée, Priscilla Ojo

Tanzanian artist Juma Jux delighted fans once again by publicly honouring his fiancée, Nigerian influencer Priscilla Ojo, popularly known as...

Bobrisky granted bail after denying N15m bribery allegation | fab.ng Bobrisky granted bail after denying N15m bribery allegation | fab.ng
NEWS23 hours ago

Bobrisky Released On Bail After Denying 15 Million Naira Bribery Allegations

The Economic and Financial Crimes Commission (EFCC) recently granted bail to Idris Okuneye, popularly known as Bobrisky, following his detention....

Quincy Jones, Michael Jackson's producer, dies at 91 | fab.ng Quincy Jones, Michael Jackson's producer, dies at 91 | fab.ng
BREAKING NEWS1 day ago

Quincy Jones, Michael Jackson’s Producer, Dies At 91

Quincy Jones, a legendary music producer renowned for his collaborations with iconic artists, passed away on November 4, 2024, at...

AMAA 2024: The Weekend & Jagun Jagun Wins Big | fab.ng AMAA 2024: The Weekend & Jagun Jagun Wins Big | fab.ng
MOVIES1 day ago

AMAA 2024: “The Weekend” & “Jagun Jagun” Take Home Major Wins

The 20th edition of the Africa Movie Academy Awards (AMAA) took place yesterday, November 2nd, 2024, at the Balmoral Convention...

Best Cities To Start A Business In Nigeria | fab.ng Best Cities To Start A Business In Nigeria | fab.ng
BUSINESS1 day ago

Top 10 Best Cities To Start A Business In Nigeria

Discovering the best cities to start a business in Nigeria requires careful consideration of the country’s unique advantages. Nigeria’s massive...

Female Fashion Items Originally Made For Men | fab.ng Female Fashion Items Originally Made For Men | fab.ng
FASHION2 days ago

5 Feminine Fashion Items Originally Made For Men

Today, if you spot a man wearing high heels, a thong, and carrying a handbag, it might seem like he’s...

Letting Go Of Negative Thoughts In A Relationship | fab.ng Letting Go Of Negative Thoughts In A Relationship | fab.ng
OPINION2 days ago

10 Ways To Let Go Of Negative Thoughts In A Relationship

What causes negative thoughts in a relationship? Negative thoughts in a relationship often arise when a partner says or does...

3 Eggless Cake Recipes To Try At Home 3 Eggless Cake Recipes To Try At Home
FOOD2 days ago

3 Eggless Cake Recipes To Try At Home

An eggless cake is a treat for everyone, especially those who avoid eggs. They’re just as moist, fluffy, and delicious...

-Ad-

under40ceos-starting-a-business
under40ceos-starting-a-business

Trending