Report: 4 of the 5 lowest minimum wage countries are in Africa

The 5 African countries with the lowest minimum wage per hour in early 2024 are Egypt ($0.45), Uganda ($0.298), Angola ($0.25), Ethiopia ($0.23), and Rwanda ($0.070).

4 out of the 5 countries globally with the lowest minimum wages are in Africa, according to a January 2024 report by Yahoo Finance.

The report analyzed data from the International Labour Organization and other sources to determine the lowest minimum wages globally.

Low minimum wages in Africa have wide-ranging economic effects, worsening inequality and impeding growth and stability.

The minimum wage is an important economic factor in keeping citizens out of poverty and maintaining ethical work standards.