In Africa, the country that mines the most gold (Ghana, producing 6 million ounces annually) does not hold the largest gold reserves; instead, Algeria holds the continent's largest central bank gold reserves at 173 tons, followed by Libya with 146 tons, demonstrating that mining production and reserve accumulation are separate economic activities.
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THE GOLDEN PARADOX OF AFRICA 🌍✨#mapanimation #africaAdded:
You'd think the country that digs the most gold out of the ground in Africa would hold the largest gold reserves, but you'd be dead wrong. While Ghana is Africa's absolute king of gold mining, producing a record 6 million oz, they don't keep it. They sell [music] it for immediate cash. Instead, the nation sitting on Africa's largest central bank gold reserves is right here, Algeria.
Algeria holds a massive 173 tons of pure bullion as a financial shield, closely followed by [music] war-torn Libya at 146 tons. Mining the wealth is one thing, keeping it is another. Did this map [music] surprise you? This animation was created in minutes using mapanimation.io.
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