The Serbian trainer was unveiled on Friday as the head coach of the Black Stars for the next two years at the Ghana FA headquarters.
Rajevac is coming for a second stint as Ghana's coach replacing Charles Akonnor who was dismissed about a fortnight back.
The 67-year-old tactician will be earning US$30,000 every month as salary and is the 10th highest earner on the continent.
Morocco head coach Vahid Halilhodzic is the highest paid in Africa as he gets US$89,000 every month.
Recently appointed Egypt head coach Carlos Queiroz is on US$85,000 per month salary.
Below is the list of the top-earning national team coaches in Africa:
1. Morocco - Vahid Halilhodzic - $89K
2. Egypt - Carlos Queiroz - $85K
3. Algeria - Djamel Belmadi - $65K
4. Cameroon - Antonio Conceiçao - $59K
5. Libya - Javier Clemente - $59K
6. DR Congo - Hector Cuper - $55K
7. Nigeria - Gernot Rohr - $55K
8. South Africa - Hugo Broos - $50K
9. Ivory Coast - Patrice Beaumelle - $35K
10. Ghana - Milovan Rajevac - $30K
11. Mauritania - Corentin Martins - $30K
12. Uganda - Micho Sredojevic - $24K
13. Benin - Michel Dussuyer - $28K
14. Senegal - Aliou Cisse - $27K
15. Guinea - Didier Six - $20K
16. Angola - Pedro Goncalves - $20K Read Full Story