A new report from the African Private Capital Association (AVCA) reveals that 65% of Ghanaian pension funds intend to increase their exposure to private equity within the next five years, marking a significant shift in capital deployment strategies across one of Africa’s fastest-growing pension markets.
The Pension Funds and Private Capital in Ghana report, released in partnership with The Chamber of Corporate Trustees of Ghana and British International Investment (BII) through the Ghana Investment Support Programme (GHISP), offers the most comprehensive assessment to date of how domestic pension assets can be mobilized to fuel long-term investment in productive sectors.
This momentum is further supported by the Ghanaian government’s May 2025 directive, which encourages pension funds and insurers to allocate at least 5% of their assets to private equity and venture capital by 2026—a move aimed at unlocking domestic capital for national development.