It's probably cattle horn; there really aren't any water buffaloes around.
This style, commonly referred to as nimcha, is called saif (sayf) by its users. It is commonly thought of as Moorocan, but if found down the Swahili coast and in Arabia (where it may or may not originate). Based on the handle and especially the guard, this one appears to be from Mooroco or the Magreb. The blade may well be native, and in my limitted experiece, likely to be spring tempered.
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