Nigeria remains Africa’s top economy as Egypt and South Africa shuffle places again

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In the 3-way see-saw to be at the top African economy, Egypt beat out South Africa again taking its place as the continent’s second-biggest economy, leaving Nigeria at the top, a position it has held since 2020 when it overtook South Africa.

The International Monetary Fund records show that for years the three counties have been in constant competition for the #1, #2 and #3 spots.

By Milan Sime Martinić