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The list of the least wealthy African heads of state has been updated. When in power, African government officials often steal as much money as they can. Politics is seen by them as a lottery, an opportunity to become wealthy and enjoy a lavish lifestyle. It's not surprising that higher-ups take funds meant for social programs or infrastructure development, and it's not surprising that presidents steal millions of dollars from their own countries.
However, this thread isn't about the wealthiest presidents in the world; rather, it's about the ones who have very little or none at all. To counteract the continent's present "take as much as you can" mentality, we believe it is important to recognize African leaders who have made it their mission to leave a legacy of accountability and frugality.
One Million Dollars to Muhammadu Buhari
He has been called "Africa's poorest leader," and his wealth is estimated at slightly more than $150,000. Due to the fact that he owns five regular houses and two mud huts in his native Daura, Katsina State, Nigeria, this presents significant challenges. On top of his ranch and orchard, he also has 270 cattle, 25 sheep, 5 horses, and poultry farms. Many of his offspring followed in his footsteps and studied at top institutions in London. He claims he spent his own money on everything.
Two million dollars for John Magufuli.
Like Che Guevera and Julius Nyerere, Tanzania's President John Magufuli is a radical figurehead. In Tanzania, he is better known as the Bulldozer. He was responsible for his $4,008 salary that he received every month. His predecessor was making $15,000 a month, but as soon as he got office he slashed his own income in half. Paying himself nine million Tanzanian shillings every month, he said as much in a television interview. Since my only goal is to help the people of Tanzania, I have not and will not pursue any form of advancement. His estimated net worth is one million dollars.
3. Sahle-Work Zewde .
Sahle-Work When it comes to African heads of state, President Zewde of Ethiopia ranks third poorest. She is the only woman on our list, as well as the first woman to occupy the role. On October 25, 2018, the Federal Parliamentary Assembly elected her, a career diplomat, to serve as its president. It's good that our country's first female leader has refrained from using her position to steal the nation's money. Her monthly salary is $3,686.17, and her estimated net worth is under $1 million.
Number four, Edgar Lungu.
The President of Zambia is named Edgar Lungu. He receives a salary of K51,437.67 each month. Zambian President Edgar Lungu has caused a great lot of debate, as he has been attacked for every word and action he has done. Many people think he is not as wealthy as he claims to be and that he has hidden a large sum of money. However, he is still likely to have a net worth of at least $1 million.
5 Joao Manuel Gonçalves Lourenço
As of now, Joo Manuel Gonçalves Lourenço is serving as president of Angola. This position has been his since September 26, 2017. During the years 2014–2017, he served as the country's Defense Minister. As of September 2018, he has been serving as the Chairman of the People's Movement for the Liberation of Angola (MPLA). Since becoming president, he has publicly disclosed his salary and taken a strong stand against corruption. His monthly salary is $168.50, and he has a net worth of almost $1 million.
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Source: The Opera News.