https://en.sputniknews.africa/20251107/africas-700-bln-awakening-pension-power-redefining-continental-future-1080247317.html
Africa’s $700 Bln Awakening: Pension Power Redefining Continental Future
Africa’s $700 Bln Awakening: Pension Power Redefining Continental Future
Sputnik Africa
Across Africa, a new financial awakening is unfolding. With over $700 billion in pension assets under management, according to figures presented at the... 07.11.2025, Sputnik Africa
2025-11-07T16:20+0100
2025-11-07T16:20+0100
2025-11-07T16:32+0100
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Africa’s $700 Bln Awakening: Pension Power Redefining Continental Future
Sputnik Africa
Across Africa, a new financial awakening is unfolding. With over $700 billion in pension assets under management, according to figures presented at the All-Africa Pension Funds Summit led by Uganda's National Social Security Fund (NSSF), the continent is beginning to view its own savings as a force for shared prosperity and growth.
The idea of pooling these funds into a joint African investment platform has increased momentum as leaders seek to reduce reliance on external borrowing. By directing pension resources into regional infrastructure, energy, and technology projects, African nations could turn retirement savings into drivers of inclusive development.
The idea of pooling these funds into a joint African investment platform has gained momentum as leaders seek to reduce reliance on external borrowing. By directing pension resources into regional infrastructure, energy, and technology projects, African nations could turn retirement savings into drivers of inclusive development. Nigerian economist and Awabah CEO Tunji Andrews says such a shift could redefine how Africa finances its future.He noted that most pension funds on the continent remain tied to low-yield domestic bonds, while nations continue to borrow from abroad for development. Andrews emphasized that cross-border collaboration among regulators could unlock long-term financing for roads, power grids, and agriculture, all while safeguarding contributors’ savings.To find out more about Africa's pension funds, tune in to the Global South Pole podcast, brought to you by Sputnik Africa.In addition to the website, you can also catch our episodes on Telegram.► You can also listen to our podcast on Apple Podcasts, Spotify, Deezer, Castbox, Pocket Casts, Afripods, Podcast Addict, Overcast, and Mave Stream.► Check out all the episodes of Global South Pole
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podcasts, africa, uganda, pension, infrastructure, work, investment, west africa, east africa, economy, business, usaid, humanitarian aid , unaids, аудио, loan
Africa’s $700 Bln Awakening: Pension Power Redefining Continental Future
Aliyu Bello
Correspondent, Podcast Host
Across Africa, a new financial awakening is unfolding. With over $700 billion in pension assets under management, according to figures presented at the All-Africa Pension Funds Summit led by Uganda’s National Social Security Fund (NSSF), the continent is beginning to view its own savings as a force for shared prosperity and growth.
The idea of pooling these funds into a joint African investment platform has gained momentum as leaders seek to reduce reliance on external borrowing. By directing pension resources into regional infrastructure, energy, and technology projects, African nations could turn retirement savings into drivers of inclusive development. Nigerian economist and Awabah CEO Tunji Andrews says such a shift could redefine how Africa finances its future.
He noted that most pension funds on the continent remain tied to low-yield domestic bonds, while nations continue to borrow from abroad for development. Andrews emphasized that cross-border collaboration among regulators could unlock long-term financing for roads, power grids, and agriculture, all while safeguarding contributors’ savings.
“If we're going to build infrastructure, it is always a little better if we build roads that connect West Africa and roads that connect East Africa […] or power stations that serve a region as against serving a state, and it's able to be more profitable per unit cost. So I think if you look at it from those perspectives, it does make a lot of sense. And you also look at the risk diversification for the continent. It helps pension funds to be able to double down on building the continent to which the pension funds are being collected from. So, the people are not only saving for the future, they are also building the future on the same side,” Andrews said.
To find out more about Africa's pension funds, tune in to the Global South Pole podcast, brought to you by Sputnik Africa.
In addition to the website, you can also catch our episodes on
Telegram.► Check out all the episodes of Global South Pole 
