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On July 9, 2025, I was overwhelmed by a profound sense of despair and disappointment upon reading a report from Oxfam International, a globally recognised NGO, revealing that just four of Africa’s richest billionaires hold a combined wealth of $57.4bn. According to Oxfam, this figure exceeds the total wealth of approximately 750 million Africans, roughly half of the continent’s population.
Moreover, the top 5 percent of Africans now control nearly $4 trillion in wealth, more than double the combined assets of the remaining 95 percent.
Titled Africa’s Inequality Crisis and the…
