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Pension Assets Boosting African Economies

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  • Claudio Achadinha

    (RisCura)

Abstract

Two of Africa’s biggest economies have the lowest pension assets as a percentage of GDP on the continent, but pension reforms and technological improvements are expected to increase these numbers. The economies – Nigeria and Egypt – have pension assets as a percentage of GDP as low as 7% and 2%, respectively. This is according to investment firm RisCura’s latest Bright Africa research. The Bright Africa 2019 research looked at ten countries in Africa in this regard, representing approximately half of Africa’s 2017/2018 GDP as measured by the IMF.

Suggested Citation

  • Claudio Achadinha, 2020. "Pension Assets Boosting African Economies," Africagrowth Agenda, Africagrowth Institute, vol. 17(2), pages 1-18.
    • Handle: RePEc:afj:journ2:v:17:y:2020:i:2:p:18
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    File URL: https://journals.co.za/content/journal/10520/EJC-1f0256b7dd
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