Business

iPhone 16 Price vs Minimum Wage in 10 African Countries: A Detailed Comparison

Published

Wednesday, 30 April 2025, 12:58 am

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iPhone 16 Price vs Minimum Wage in 10 African Countries: A Detailed Comparison, These products come with Apple’s custom-built A18 chip and incredible new camera capabilities that raise the bar for the iPhone’s futuristic potential. Pre-ordering starts today, Friday, September 13, 2024, while products will be available from September 20, 2024.

The iPhone 16 has been touted as an AI wonder due to its numerous AI-powered software features built for Apple Intelligence. Apple explains this as “the easy-to-use personal intelligence system that understands personal context to deliver intelligence that is helpful and relevant while protecting user privacy”.

When it comes to pricing, market forces come into play due to foreign exchange and tax rates across the world. This means the pricing and affordability of the new iPhone 16 will vary across countries.

According to Androidauthority, the cheapest iPhone 16 can be purchased in China, Japan and the United States at $842, $877 and $879 respectively. Those prices in Nigeria, will, however, still fall under the “very expensive” category due to the low purchasing power parity and foreign exchange crisis which has greatly influenced the ability of Nigerian workers on minimum wage to own such gadgets.

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In this report, the starting cost of the iPhone 16 ($799) has been compared with the minimum wages in 10 African countries, with an analysis of the estimated number of months a worker will need to earn a salary to afford the product. We will be using the price of the standard iPhone 16 which stands at $799 (₦1.3 million at ₦1,640/$) for the 128GB model.

S/N	Country	Min Wage ($)	Estimated wait time
1	Seychelles	465.4	2 months
2	Libya	321.8	2 months
3	Morocco	314.7	2 months
4	Gabon	270.5	3 months
5	Equatorial Guinea	211.54	4 months
6	Algeria	140.14	6 months
7	Cape Verde	139.46	6 months
8	Kenya	130.37	6 months
9	Mozambique	113.8	7 months
10	Lesotho	109.62	7 months

As seen from the table, African countries with a better minimum wage scale will have fewer challenges with purchasing the new iPhone 16 compared to countries with more tumultuous economies.

In Seychelles, Libya and Morocco, the phone would cost just about two months of minimum wage while it would take about six to seven months for Algeria, Cape Verde, Kenya, Mozambique and Lesotho.

For Government workers in Nigeria earning ₦30,000 minimum wage ($18.18), who are also expecting to purchase the iPhone, they will have to wait for nearly four years to purchase the phone.

However, with the implementation of the new minimum wage which has been increased to ₦70,000 ($42.42), the cheapest iPhone 16 model equals 18 months of minimum wage earnings for a worker in Africa’s biggest oil producer.

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Business

Adamawa govt approves recruitment of 4,000 into civil service

Published

4 hours ago

April 29, 2025

John

In an effort to tackle unemployment and boost economic growth, the Adamawa State Governor, Ahmadu Umaru Fintiri, has approved the

read more Adamawa govt approves recruitment of 4,000 into civil service

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Business

U20 AFCON: Flying Eagles begin quest for 8th title against Tunisia

Published

7 hours ago

April 29, 2025

John

Nigeria’s Flying Eagles will kick off their campaign for an eighth U20 Africa Cup of Nations (AFCON) title on Thursday

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Business

“Our Disability is only in our body, not our minds” says participant at the Jobberman Forum for Persons with Disabilities, Kano

Published

10 hours ago

April 29, 2025

John

Participants at the recently concluded Jobberman Forum for Person with Disabilities in Kano have expressed appreciation to the organisers for their inclusive approach to empowerment and career advancement.

According to Binta Abdulahi Usman,

Our disability is only in our body, not in our minds. From this program, I have learnt that we can do anything we put our minds to if we have the right tools and opportunity.

The Jobberman Forum for Persons with Disabilities, organised in partnership with the Mastercard Foundation, offered a unique opportunity for participants to learn from experienced professionals, engage in meaningful networking, and receive personalised career and business advisory.

Delivering the keynote address during the event, Dr Binta Bala (PhD), Director, Department of Persons with Disabilities, Ministry of Women Affairs, Children and Disabled, Kano State highlighted the importance of collaboration between government, civil society and the private sector.

Accessibility design must no longer be optional; it must be mandatory. By investing in accessible vocational and skills training, we can empower persons with disabilities with tools to thrive in a rapidly changing world, she said.

Registration of participants at Jobberman Forum for PWD

The event featured a goodwill message from Hajia Sadiya Abdu Bichi, Special Adviser to the Kano State Governor for Women, Children and the Disabled; a panel session with panelists including Engr Musa Shaga, Chairman JONAPWD, Kano State; Hajiya Mariya Ishaq, Leader, Albino Foundation; and Hussaina Umar, Deputy Director, Kanawa Educational Foundation for the Disabled.

The Entrepreneurship Workshop, led by David Okoroafor, Program Officer at Sightsavers focused on teaching essential steps to starting and growing their businesses. He encouraged participants “…not to give up. Try to register your business with the Corporate Affairs Commission. Starting a business is difficult, but it is fun,” he said.

The Forum for Persons with Disabilities, Kano Edition is in line with Jobberman Nigeria’s mission to reduce unemployment in Nigeria, not just by connecting job seekers to quality jobs, but by ensuring that every individual is equipped with the skills and confidence they need to thrive. The event offered a unique opportunity for participants to learn from experienced professionals, engage in meaningful networking, and receive personalised career and business advisory.

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