A new report by Oxfam reveals a stark rise in inequality across Africa, showing that just four of the continent’s richest billionaires now hold a combined wealth of $57.4 billion, more than the total wealth of 750 million people, or half of Africa’s population.

Titled “Africa’s Inequality Crisis and the Rise of the Super-Rich,” the report attributes this trend to economic and political systems that disproportionately benefit the wealthy, while undermining investment in essential public services such as healthcare, education, and social protection.

For more on this, Kwesi Obeng, Accountable Governance Lead for Oxfam in Africa, spoke to us.

A new report by Oxfam reveals a stark rise in inequality across Africa, showing that just four of the continent&rsquo;s richest billionaires now hold a combined wealth of $57.4 billion, more than the total wealth of 750 million people, or half of Africa&rsquo;s population.
Titled &ldquo;Africa&rsquo;s Inequality Crisis and the Rise of the Super-Rich,&rdquo; the report attributes this trend to economic and political systems that disproportionately benefit the wealthy, while undermining investment in essential public services such as healthcare, education, and social protection.
For more on this, Kwesi Obeng, Accountable Governance Lead for Oxfam in Africa, spoke to us.