Ghana’s pension funds hold $1bn private capital opportunity, but regulation and caution limit growth
- Ghana's pension funds could unlock up to $1 billion for private capital investment according to the AVCA report.
- Assets under management by Ghana's pension funds grew from GH₵33.5 billion to GH₵86.4 billion between 2020 and 2024.
- The allocation of pension assets to government securities increased from 64% in 2020 to 72.9% in 2024.
While Ghana's pension funds show promising growth potential, the heavy reliance on government securities and the barriers to private capital investment highlight a need for regulatory reform and improved transparency. Addressing these issues could enhance investor confidence and diversify asset allocation, ultimately benefiting the economy.
