Browsing Tag

Outranking

Africa’s Top Four Billionaires Amass $57.4 Billion, Outranking Half the Continent

In a stark illustration of economic disparity, four of Africa's wealthiest individuals possess a staggering $57.4 billion—an amount that surpasses the combined wealth of approximately 750 million people. This figure accounts for nearly half of the continent's total population. These eye-opening statistics stem from Oxfam's recent report, which explores the rapidly escalating issue of inequality in Africa. The report, Africa’s Inequality Crisis and the Rise of the Super-Rich, lays bare a troubling narrative of…

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