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Why does Egypt and south Africa have the most billionaires in the Africa?
Wiki User
∙ 11y ago
South Africa and Egypt
Are the ONLY 2 countries in Africa which has billionaires!So why is this?Economic development- 2006 was the fourth consecutive year of economic growth above four per cent in Africa. Oil and mineral exporting countries are outpacing the others by a substantial margin. Botswana and South Africa have experienced economic success. The economies of Ghana, Kenya, Cameroon and Egyptare all growing. This shows that they both have/ are having an economic success. This has obviously continued so every year these countries would become richer and richer through oil and mineral exporting.
Wiki User
∙ 11y ago
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