The economic Business Insider Africa stated that Libya ranks third in Africa with the largest reserves of gold in 2023, with gold reserves estimated at 117 tons.
The website added that Algeria comes on top of the African countries with 174 tons, followed by South Africa in second place with 125 tons.
The website continued by saying that African countries have taken important steps to enhance their reserves of gold, which put them in a positive position amid a state of global political and economic instability.
