President Nana Addo Dankwa Akufo-Addo has made it to the list of highest paid Presidents in Africa, InsiderGH.com can report.
According to reports by Business Insider, Cameroonian President Paul Biya tops the list of African leaders with an annual salary of $620,976.
Mr Biya is followed by Morocco’s King Mohammed and South Africa’s Cyril Ramaphosa, with an annual salary of $488,604 and $223,500, respectively.
The data was data scoured from country websites and data from organisations such as the International Monetary Fund and the CIA World Factbook.
Who are the highest-paid African leaders at the moment? This is probably one of the most asked questions around the continent. Without any doubt, African leaders are generally considered the number one citizens of their respective countries, and understandably so, the leadership role bestows a lot of prestige on the person honoured with it and places them far above the average citizen.
In fact, many of these leaders are thought to be very wealthy individuals who take home fat paycheques just because they can. This is why many politicians fight tooth and nail to be elected leaders of their different countries during their election seasons.
They’re simply attracted by the affluent lifestyle of these individuals who make a lot of money from their salaries, bonuses, and in many cases, excessive allowances.
One thing of concern is that the annual salaries of most leaders are well above the country’s GDP per capita or average wages.
This is why many young citizens are curious to discover how much African leaders earn so that they can compare their pay packets with the average salaries and GDPs of other respective countries.
Using data scoured from country websites and data from organisations such as the International Monetary Fund and the CIA World Factbook, here are 15 of the highest-paid African leaders in 2021.
Per the report, with an annual salary of $76,000, President Akufo-Addo is the thirteenth highest paid African leader in 2021. This amount, when converted into the Ghanaians currency amounts to 442,222.72 Ghanaian Cedis.
Below is the full list;