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By 2000, Africa had no dollar billionaires. The continent now has 23. But what is more shocking, however, is that just four individuals now own more wealth than 750 million Africans combined.
By 2000, Africa had no dollar billionaires. The continent now has 23. But what is more shocking, however, is that just four individuals now own more wealth than 750 million Africans combined.

Africa’s Inequality Crisis: A Few are Growing Richer Amid a Rising Army of Poor People

It’s just after sunrise in the hills of Kapchorwa, eastern Uganda. A smallholder farmer, barefoot and bent over with age, tends to her coffee shrubs. She’s been growing the crop for over
July 13, 2025

 

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