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Originally published by Capital Newstop
March 16, 2026
4h ago
Mobilising pension savings for development without risking workers’ futures
Can pension funds help close Africa’s infrastructure gap? Lessons from Canada, Chile and Singapore show how Kenya could unlock long-term capital safely...
✨ Key Highlights
Governments globally are exploring the use of pension funds as a significant source of long-term capital for national development, particularly for infrastructure projects. While successful examples exist, the article warns against misusing these funds and emphasizes the need for strong governance to protect workers' retirement savings.
- Pension assets worldwide represent a substantial pool of capital, exceeding $500 billion across Africa.
- Examples of successful pension fund investment in development are cited from countries like Chile, Canada, Australia, Singapore, Malaysia, India, and South Africa.
- Cautionary tales from Argentina and Malaysia (1MDB scandal) highlight the risks of political interference and weak governance leading to the misuse of retirement savings.
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