Wealth and income inequalities in West Africa are staggering. West Africa houses three of the ten wealthiest countries in Africa.
In 2017, wealth held by individuals in West Africa’s wealthiest economy, Nigeria, exceeded US$250 billion. Individual wealth held by the second largest economy in the sub-region, Ghana, exceeds US$60bn.
A large part of this wealth is derived from natural resources. The inequities in the distribution of this wealth are stark.
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