Africa’s top 5 highest-paid presidents have a combined income of over USD 1.7 million annually.
This is according to an article in Business Insider, which claims that Paul Biya, the president of Cameroon, earns by far the most with over USD 620,000 annually.
King Mohammed IV of Morocco, Cyril Ramphosa of South Africa, Uhuru Kenyatta of Kenya and Yoweni Museveni of Uganda make up the top 5.
The highest paid African executives
- Paul Biya of Cameroon – USD 620,976
- King Mohammed IV of Morocco – USD 488,604
- Cyril Ramaphosa of South Africa – USD 223,500
- Uhuru Kenyatta of Kenya – USD 192,200
- Yoweri Kaguta Museveni of Uganda – USD 183,216
The article says the following about the top 3 earners:
Paul Biya is a politician from Cameroon who has served as the country’s president since 6 November 1982. He is the second longest-serving president in Africa, and Africa’s oldest head of state.
His Majesty King Hassan IV is the current King of Morocco. He ascended the country’s throne in 1999 when his father, King Hassan II, passed away.
According to Forbes, his palace has daily operating expenses of USD 960,000 paid by the Moroccan state as part of an annual budget of 2,576 Dirhams, largely due to out-of-pocket expenses such as staff, clothing and car repairs.
Matamela Cyril Rsmaphosa is a South African businessman and politician serving as the country’s fifth president since 2018 and of the National Assembly since 2017.
He is widely recognised as one of South Africa’s richest people, with a fortune of more than USD 450 million and has been featured in financial magazines such as Forbes Africa and Bloomberg.
