Urgent.News

What's breaking now, across thousands of outlets.

World

Domestic Capital Africa campaign targets US$600bn pension funds for SME growth

Africa’s more than US$600 billion in pension assets could play a greater role in financing small and medium-sized enterprises (SMEs), infrastructure, and climate solutions if investors, regulators, and policymakers address the structural barriers limiting domestic investment.

Domestic Capital Africa campaign targets US$600bn pension funds for SME growth

The Domestic Capital Africa (DCA) campaign aims to direct more than US$600 billion in African pension assets towards financing small and medium-sized enterprises (SMEs), infrastructure, and climate solutions. The initiative, launched on October 8, 2026, brings together stakeholders to address the barriers limiting domestic investment and the financing needs of African businesses.

With African SMEs accounting for 92% of enterprises, employing 80% of the workforce, and generating 70% of GDP, there is a US$331 billion financing gap that needs to be addressed. African pension funds hold more than US$600 billion in assets, but less than one percent of Ghana's pension assets is invested in alternative assets. The campaign seeks to create market infrastructure, investment vehicles, and policy alignment to connect capital with businesses and development priorities.

Written by urgent.news from MyJoyOnline Ghana's reporting — not their text. Machine-written — may contain errors; check the original before relying on it.

This story

This is one outlet's version. Read the fullest account.

Read the original at myjoyonline.com →

More in World

More from Wednesday 14 October →