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Akufo-Addo is third highest paid President in West Africa, new report

President Nana Addo Dankwa Akufo-Addo has been listed as the third highest-paid president in West Africa according to a report shared by Ghanaweb.

In the report originally shared by Business Insider Africa report, Akufo-Addo’s annual earnings is pegged at US$76,000 – an equivalent of about US$6,300 per month.

Overall, the Ghanaian president is placed at the 14th spot on the whole continent which is led by Paul Biya of Cameroon.

“One thing of concern is that the 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 they can compare their pay packets with the average salaries and GDPs of other respective countries,” the report read in part.

Data used to determine the salaries were “scoured from country websites and data from organisations such as the International Monetary Fund and the CIA World Factbook,” the report added.

Here are the top five highest-paid African leaders

a. Paul Biya of Cameroon – US$620,976

b. King Mohammed IV of Morocco – US$488,604

c. Cyril Ramaphosa of South Africa – US$223,500

d. Uhuru Kenyatta of Kenya – US$192,200

e. Yoweri Kaguta Museveni of Uganda – US$183,216

SOURCE: www.Ghbase.com

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