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Algeria: Holding an impressive 174 metric tons of gold, Algeria stands strong as the leading African nation in gold reserves.
South Africa: Following closely behind, South Africa maintains a substantial gold reserve of 125 metric tons.
Libya: With a commendable gold holding of 117 metric tons, Libya secures the third spot on the list.
Egypt: Holding 80.73 metric tons, Egypt consolidates its position as one of the key players in the African gold market.
Morocco: Boasting 22.12 metric tons of gold, Morocco solidifies its status as a noteworthy contender in the African gold scene.
Nigeria: With a respectable gold reserve of 21.37 metric tons, Nigeria demonstrates its growing interest in the precious metal.
Mauritius: Holding 12.44 metric tons of gold, Mauritius makes its mark as a nation with a strategic focus on diversifying its reserves.
Ghana: With 8.74 metric tons of gold, Ghana maintains a significant position in Africa's gold landscape.
Tunisia: Holding 6.84 metric tons, Tunisia showcases its presence as a country keen on harnessing the value of gold.
Mozambique: Securing the tenth spot, Mozambique holds 3.94 metric tons of gold, contributing to the continent's overall gold reserves.
As African nations continue to bolster their gold holdings, these strategic moves position them to navigate the ever-changing global economic landscape and safeguard their economies against potential shocks. The allure of gold as a reliable store of value persists, offering stability and confidence to both governments and investors alike.

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