Africa’s Pension Funds Are Already Allowed to Invest at Home. They Don’t.

Reformers keep asking governments to raise the ceilings on where domestic institutional capital can go. The ceilings are nowhere near being reached and one December in Ghana explains why. This article is published on African Arguments ahead of the African Development Summit which takes place on 18 September 2026. Nigeria’s pension regulator permits funds to hold up to 15 per cent of assets in private equity. Industry assets now stand above ₦31 trillion. Actual take-up sits far below the ceiling. Ghana’s regulator allows up to 25 per cent in private funds; actual allocations to alternatives stand at just 0.58 per cent. In […] The post Africa’s Pension Funds Are Already Allowed to Invest at Home. They Don’t. appeared first on African Arguments.