African Pension Funds shift more capital into private equity

Ghana is a leading West African example of private capital market development and ecosystem building, where strong policy advocacy, public education, capacity building, regulatory reform, local fund management and pension trustee participation in alternative assets have converged into a formidable investment ecosystem.

Ghana is increasingly being recognised as one of Africa’s most credible examples of how domestic pension savings can be invested in more diverse alternatives and channelled into assets such as private equity, venture capital and SME growth financing.

Ghana’s pension investment guidelines permit up to 25 percent of pension assets to be invested in alternative instruments, creating one of the continent’s more enabling frameworks for institutional participation in private capital.