Seven richest Africans have more wealth than the poorest half of the continent’s population

Africa’s richest 1 percent own nearly half of the continent’s total financial wealth. A tax of up to 5 percent on Africa’s super-rich could generate an annual amount of $11.9 billion, nearly enough to pay for the 2023 humanitarian requirements for Eastern and Southern Africa Oxfam urges a new era of public action, including public…

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