October 4, 2024
Leading the list is Morocco, with an average salary of $2,031,
A recent report by Business Insider highlights the top African nations where workers earn the highest salaries, largely influenced by the strength of local economies and demand for skilled labor.
Leading the list is Morocco, with an average salary of $2,031, followed by South Africa at $2,026. Other countries include Tunisia, Kenya, Algeria, Namibia, and Botswana. Nigeria ranks eighth with an average salary of $814, driven by oil and gas, while Ghana and Uganda complete the top 10.
Morocco workers earn an average salary of $2,031. This is attributed to its diverse economy, which includes thriving sectors like tourism, textiles, and mining. Strategic investments in infrastructure and policies aimed at attracting foreign investment have further strengthened the country’s economic landscape. Gaining independence in 1956, Morocco has since focused on fostering a favorable environment for business and international partnerships, leading to wage growth in key industries.
South Africa boasts an average salary of $2,026, driven by its developed financial, mining, and manufacturing industries. Having gained independence in 1910, it benefits from being one of the continent’s most industrialized nations.
Tunisia’s healthcare, education, and manufacturing sectors contribute to an average salary of $1,348. Its proximity to Europe and focus on tourism and technology also boost wages.
Kenya – With a growing economy, sectors like agriculture, telecommunications, and fintech raise Kenya’s average salary to $1,291.
Algeria’s oil and gas exports significantly contribute to its average salary of $1,273, while its independence dates back to 1962.
Namibia’s mining and agricultural sectors, alongside a small population, yield an average salary of $1,168. The country achieved independence in 1990.
Botswana benefits from diamond mining and political stability, contributing to an average salary of $1,000.
Nigeria
Nigeria, Africa’s largest oil and gas producer, offers an average salary of $814, with additional contributions from banking and telecommunications sectors.
Ghana, earning $748 on average, is fueled by its growing oil industry, gold mining, and cocoa exports.
Uganda’s average salary stands at $738, driven by expanding services, agriculture, and efforts to develop its energy sector.
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