Prior to then, he has served the country from 1999 to 2006. Sahle-Work Zewde is the President of Ethiopia and the third poorest president in Africa. Poor leadership, massive embezzlement, and diversion of public funds, civil wars, international interference, years of unrest and poor economic and development policies are the most common causes of the poverty in these African countries. READ ALSO: Top 10 poorest country in Africa If life was a thing money could buy, these 25 poorest countries in Africa would be either dead or on life support. Efunnuga Oluwaseun 3 days ago In : Information. Much has been debated about this because it’s unlikely that he is that poor due to his assets. worth of 1 million dollars. The poorest countries in Africa are also among the poorest countries in the world. A president is a person selected to lead a country and is given different duties to perform in his or her post. Africa boasts of leaders who enrich themselves through their access to power. Interesting details on those who are the poorest presidents in the world 2020 presently. She is the first woman to hold the office and the only woman on our list. has been dubbed the Poorest President In Africa with an estimated net worth of $150,000. Countries with higher population sizes and lower life expectancies tend to have a lower overall gross national income value and GDP value than countries with fewer people and higher life expectancy rates. 1 56 1 min read . Muhammadu Buhari is the Nigeria. The current President of Nigeria, Muhammadu Buhari, has been proclaimed as the poorest On a wealth per capita basis, the fastest growing countries in Africa during the past 15 years (2000 – 2015) have been Angola and Ghana. Despite the continent being potentially endowed with natural resources, many people continue to live in absolute poverty. But there are other African leaders who are considered poor. Poverty as well as people being killed on a daily are cases that are associated to him being in power. Muhammadu Buhari (Estimated Net Worth $150,000 ) – Who are the poorest presidents in Africa? These duties include signing of bills into law, negotiating foreign treaties and appointing top government officials. Being “the poorest” among African presidents does not mean that this president does work hard. Muhammadu Buhari Net Worth $150,000 (N30m) Country: Nigeria. Decades of bad leadership, political instability and low rate of economic growth have worsened the poverty levels in the continent. Years in Power: 3 Years by 29th of May Looking at Africa, Mauritius is by far the richest on a per capita basis with $21,700 averaged per person, while South Africa ranks second with $10,300 which is down from $11,000 a year ago, and is closely followed by Namibia with $10,200. Poorest Presidents In Africa And Their Net Worth. Top Poorest President in Africa 2018 1. 1. Among the over fifty countries in Africa, most of them are considered as the world’s poorest. 2020. Presidential Term: 6 November 1982 – President; At number one is no other person than Paul Biya, the Current President of the oil-rich West African nation, Cameroon. It may sound surprising, but the poor African president has no private companies, factories and accounts in any foreign banks. Muhammadu Buhari. President Sahle-Work receives a monthly salary of $3,686.17 and has an estimated net. The president made it to the list despite the fact that people of the country are not finding it so easy. A career diplomat, she was elected president unanimously by members of the Federal Parliamentary Assembly on 25 October 2018. Here is an update on the Poorest President In Africa this 2020 1. Besides being the oldest African President, Paul Biya is also the second longest-serving Africa President having been in power since November 6, 1982. 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