South Africa is widely regarded as the economic powerhouse of the African continent.
There are academic debates about whether South Africa is the largest economy in Africa, with some arguing that Nigeria and Egypt overtook the country a long time ago. Officially, the Nigerian and the Egyptian economies are ranked ahead of South Africa; with Nigeria ranked the 31st largest economy in the world, followed by the Egyptian economy as the 33rd largest economy and the South African economy ranked the 36th largest economy, albeit with South Africa having a marginally higher GDP than Egypt.
The academic