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Top 10 wealthiest francophone nations in sub-Saharan Africa

Rose Milan by Rose Milan
July 5, 2024
in Billionaires
Top 10 wealthiest francophone nations in sub-Saharan Africa

According to the pan-African organization, the nation has tripled its GDP in 12 years, and by the end of this year, it is predicted to reach $44.7 billion. In 2017, it was ranked as the 12th richest African nation, behind Libya ($47 billion). Thus, the largest copper producer in Africa should see a 2.4% increase. The Francophone SSA ranking has Côte d’Ivoire in second place. This year, the GDP of the second-biggest economy in West Africa is expected to surpass $38 billion, despite the fact that its primary export, cocoa, saw a 35% decline in worldwide prices. After Ethiopia and Myanmar, the nation is expected to have the third-highest growth rate globally. Cameroon follows Ivory Coast, having withstood the global decline in oil prices.

This year, the GDP of the nation should surpass $32 billion. Senegal ($16.963 billion), Gabon ($16.186 billion), Mauritius ($14.4 billion), and Burkina Faso ($14.2 billion) are the next highest earning countries. Surpassing Benin, which is expected to have a GDP of approximately $10.4 billion by the end of 2017, Mali now stands as the eighth largest economy in the reference region with a GDP of over $13 billion.

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Madagascar comes in last place among the ten richest countries in the Francophone sub-Saharan Africa region, with an estimated GDP of $10.3 billion. It should be noted that only SSA nations whose native tongue is French are included in this ranking. This explains why, despite having French as a second language, Equatorial Guinea, whose GDP is expected to exceed $15 billion this year, does not make the list. Furthermore, the ranking evaluates only the GDP of the economies and gives no indication of how well people in the specified countries live. French is the official language of ten of the richest sub-Saharan African nations.

  1. DR Congo ($44.73 billion)
  2. Côte d’Ivoire ($38.496 billion)
  3. Cameroon ($32.625 billion)
  4. Senegal ($16.963 billion)
  5. Gabon ($16.186 billion)
  6. Mauritius ($14.406 billion)
  7. Burkina Faso ($14.275 billion)
  8. Mali ($13.827 billion)
  9. Benin ($10.425 billion)
  10. Madagascar ($10.318 billion)

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