South Africa to Briefly Become Africa's Largest Economy in 2024, IMF Predicts

South Africa projected to briefly surpass Nigeria and Egypt as Africa's largest economy in 2024, according to IMF forecasts.

South Africa's GDP expected to reach $401 billion in 2024, ahead of Nigeria's $395 billion and Egypt's $358 billion.

Shift predicted to be temporary, with South Africa holding top spot for just one year before Nigeria regains lead.

Nigeria facing challenges like declining oil output, high inflation, weak currency affecting growth.

Egypt also grappling with foreign exchange shortage, currency devaluation, seeking IMF aid.