Africa’s pension assets represent less than 1% of global assets, with a pension coverage of only 9.6%, putting a significant percentage of the elderly at risk of old age poverty.

The Programme aims to support holistic interventions that will ultimately encourage long-term (retirement) savings and create facilitative policy, regulatory and industry environment to support appropriate deployment and investment of the pension assets into the real sector. The Programme will convene pension sector actors across Africa to resolve common challenges in SSA’ pensions sector.

The interventions will ultimately encourage long-term savings, appropriate deployment, and investment of pension assets. The initiative also aims to increase pension literacy and awareness of retirement products and investments.