In Africa, the amount people earn as the lowest wage can be very different from one country to another. Some countries pay more, with Seychelles leading the way in Africa.
Who Pays the Most?
According to a report, Seychelles has the highest minimum wage in Africa, at $465.4 a month. This is the highest compared to other African countries. Libya and Morocco also pay pretty well.
Seychelles
- Minimum Wage: $465.4
- Seychelles pays the most in Africa. It’s an island country and is doing pretty well economically.
Libya
- Minimum Wage: $321.83
- Libya, even with its challenges, pays a good minimum wage, thanks to its oil industry.
Morocco
- Minimum Wage: $314.7
- Morocco has a mix of businesses like farming and tourism, which helps it pay a decent minimum wage.
Gabon
- Minimum Wage: $270.5
- Gabon, another country that benefits from oil, also pays a good minimum wage.
Equatorial Guinea
- Minimum Wage: $211.54
- Known for its oil, Equatorial Guinea is fifth in Africa for its minimum wage.
Algeria
- Minimum Wage: $140.14
- Algeria’s economy is mostly about oil and gas, which allows it to pay a moderate minimum wage.
Cape Verde
- Minimum Wage: $139.46
- Cape Verde is growing in tourism and offers a pretty good minimum wage.
Kenya
- Minimum Wage: $130.57
- Kenya has a variety of businesses, including farming and manufacturing, which supports its minimum wage.
Mozambique
- Minimum Wage: $113.8
- Mozambique, with its natural resources and farming, offers a minimum wage that shows it’s still developing.
Lesotho
- Minimum Wage: $109.62
- Lesotho’s economy is based on farming, manufacturing, and mining, which influences its minimum wage.
Conclusion
The different minimum wages in Africa show how varied the continent’s economy is. While some countries like Seychelles are at the top, others are working their way up, improving how much they pay people.
For more news about money and jobs in Africa and around the world, check out MandyNews.com. We’ve got lots of info on how different places are doing economically.
