Several African nations possess significant gold reserves, contributing to their national wealth and financial stability. These reserves represent the amount of gold held by a country's central bank or monetary authority, often used as a hedge against inflation and economic uncertainty.
African Countries with Gold Reserves
Based on recent data, the following African countries hold notable gold reserves:
| Country | Gold Reserves (Tonnes) |
|---|---|
| Egypt | 127 |
| South Africa | 125 |
| Morocco | 22.12 |
| Nigeria | 21.37 |
Data as of recent measurements, subject to change.
These figures highlight the strategic importance of gold as an asset for countries across the continent. Egypt currently leads with the largest reported gold reserves in Africa, closely followed by South Africa, a nation historically renowned for its gold mining industry. Countries like Morocco and Nigeria also hold substantial reserves, showcasing a broader distribution of gold wealth across diverse regions of Africa.
For more detailed and up-to-date information on gold reserves by country, you can refer to economic data platforms such as Trading Economics.
