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Akuffo-Addo Is The 14th Highest Paid President In Africa – Latest Report Reveals

A report released by the Business Insider Africa has placed Ghana’s Akuffo-Addo as the 14TH highest paid President in Africa.

The report listed 15 top earning leaders on the African Continent with Akuffo-Addo coming 14th behind Paul Kagame (13th), Rwanda’s President, and in front of Lazarus Chakwera (15TH) President of Malawi.

President Akuffo-Addo is mentioned in the report to be taking US$76,000 per annum, breaking down to US$6,300 per month.

Top five highest earners on the Business Insider Africa report are as follows;

  1. Paul Biya of Cameroon, - US$620,976
  2. King Mohammed IV of Morocco – US$488,604
  3. Cyril Ramaphosa of South Africa – US$223,500
  4. Uhuru Kenyatta of Kenya – US$192,200
  5. Yoweri Kaguta Museveni of Uganda – US$183,216

President Akuffo is however listed as the 3rd highest earning leader in West Africa,

According to the Business Insider Africa, data used in arriving at the salaries of the listed President were secured from country websites and organisations such as the International Monetary Fund and the CIA World Factbook.

“One thing of concern is that 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 their pay packets match the average salaries and GDP’s of other respective countries”, the report said.

The report pegged Ghana’s GDP as against President Akuffo-Addo’s earning as 2,188.

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