• Login
NORVANREPORTS.COM |  Business News, Insurance, Taxation, Oil & Gas, Maritime News, Ghana, Africa, World
  • Home
  • News
    • General
    • Political
  • Economy
  • Business
    • Agribusiness
    • Aviation
    • Banking & Finance
    • Energy
    • Insurance
    • Manufacturing
    • Markets
    • Maritime
    • Real Estate
    • Tourism
    • Transport
  • Technology
    • Telecom
    • Cyber-security
    • Cryptocurrency
    • Tech-guide
    • Social Media
  • Features
    • Interviews
    • Opinions
  • Reports
    • Banking/Finance
    • Insurance
    • Budgets
    • GDP
    • Inflation
    • Central Bank
    • Sec/Gse
  • Lifestyle
    • Sports
    • Entertainment
    • Travel
    • Environment
    • Weather
  • NRTV
    • Audio
    • Video
No Result
View All Result
No Result
View All Result
NORVANREPORTS.COM |  Business News, Insurance, Taxation, Oil & Gas, Maritime News, Ghana, Africa, World
No Result
View All Result
Home Business

Top 10 African Countries With The Most Deficient Pension Situation

7 months ago
in Business, Features, highlights, Home, home-news, Insurance, latest News
2 min read
0 0
0
115
VIEWS
Share on FacebookShare on TwitterShare on Linkedin

RelatedPosts

Ghana’s DStv Standoff: A Warning Signal for Investors

When Prices Feel Like Power: Fix Competition, Not Just DStv 

Africa’s GDP to rise to $15trn on investment in agriculture, industry, service

Top 10 African Countries With The Most Deficient Pension Situation

With a growing population in many African countries and increased life expectancy, a solid pension system is essential not just for retiree well-being, but also for governments’ long-term economic stability.

This absence of adequate pension institutions has far-reaching ramifications, not only for pensioners but also for the countries’ overall economic and financial stability.

Due to an inadequate pension system, many African workers endure financial uncertainty in retirement, sometimes relying on family assistance or working past their prime years.

This diminishes total economic output and puts a further burden on younger generations, who must divert resources to assist aging family members rather than invest for their futures.

Additionally, pension funds play an important role in economic growth by raising long-term capital.

In countries with undeveloped pension systems, there is insufficient funding to support capital market growth.

Local financial markets remain weak due to a lack of pension assets, making large-scale investments in infrastructure, housing, and industrial growth difficult to fund.

The lack of significant pension fund investment in domestic economies decreases liquidity in financial markets.

In countries with undeveloped pension systems, there is insufficient funding to support capital market growth.

Local financial markets remain weak due to a lack of pension assets, making large-scale investments in infrastructure, housing, and industrial growth difficult to fund.

The lack of significant pension fund investment in domestic economies decreases liquidity in financial markets.

Furthermore, a poorly established pension system exacerbates income disparity and social instability.

When workers do not have appropriate retirement savings, they become more exposed to poverty, increasing the strain on government social assistance programs.

This, in turn, puts pressure on national budgets and diverts resources away from more pressing issues like education and healthcare.

The Absa study rates the accessibility, transparency, and openness of financial markets in 29 African nations based on six major pillars, including pension fund development.

This pillar evaluates the ability of institutional investors to encourage capital market growth by examining the size of pension fund markets, both per capita and in contrast to locally listed securities.

With that said, here are the African countries with the worst pension situation according to the Absa Africa Financial Markets Index.

Top 10 African countries with the most deficient pension situation

RankCountryPension fund development scorePension fund sizePension fund assets to domestically listed assets
1.DRC101010
2.Madagascar101010
3.Benin111011
4.Ethiopia111210
5.Zambia121112
6.Tunisia121014
7.Côte d’Ivoire121113
8.Senegal121014
9.Angola121113
10.Malawi141215
Tags: African CountriesDeficient Pension SituationTop 10 African Countries With The Most Deficient Pension Situation

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

I agree to the Terms & Conditions and Privacy Policy.

No Result
View All Result

Highlights

India Rejects U.S. Crude for Nigerian Oil as Sanctions on Russia Reshape Supply

Elon Musk is a Step Closer to Becoming a Trillionaire. Here’s a Look at His Rising Wealth

Gov’t to Proceed With MultiChoice Ghana Shutdown if Company Fails to Cut Prices Today

Hearts of Oak Clinch 2025 Democracy Cup with Narrow Victory Over Great Olympics

Alcaraz Outclass Djokovic to Reach Men’s Final; Dabrowski and Gabriella Capture Women’s Double Title

Morocco Secures 2026 World Cup Spot; Egypt, South Africa Close in on Qualification

Trending

Features

Ghana’s DStv Standoff: A Warning Signal for Investors

September 6, 2025

Ghana’s DStv Standoff: A Warning Signal for Investors What Happened? In August 2025, Ghana’s Minister of Communications,...

When Prices Feel Like Power: Fix Competition, Not Just DStv 

September 6, 2025

Africa’s GDP to rise to $15trn on investment in agriculture, industry, service

September 6, 2025

India Rejects U.S. Crude for Nigerian Oil as Sanctions on Russia Reshape Supply

September 6, 2025

Elon Musk is a Step Closer to Becoming a Trillionaire. Here’s a Look at His Rising Wealth

September 6, 2025

Who we are?

NORVANREPORTS.COM |  Business News, Insurance, Taxation, Oil & Gas, Maritime News, Ghana, Africa, World

NorvanReports is a unique data, business, and financial portal aimed at providing accurate, impartial reporting of business news on Ghana, Africa, and around the world from a truly independent reporting and analysis point of view.

© 2020 Norvanreports – credible news platform.
L: Hse #4 3rd Okle Link, Baatsonaa – Accra-Ghana T:+233-(0)26 451 1013 E: news@norvanreports.com info@norvanreports.com
All rights reserved we display professionalism at all stages of publications

No Result
View All Result
  • Home
  • Business
    • Agribusiness
    • Aviation
    • Energy
    • Insurance
    • Manufacturing
    • Real Estate
    • Maritime
    • Tourism
    • Transport
    • Banking & Finance
    • Trade
    • Markets
  • Economy
  • Reports
  • Technology
    • Cryptocurrency
    • Cyber-security
    • Social Media
    • Tech-guide
    • Telecom
  • Features
    • Interviews
    • Opinions
  • Lifestyle
    • Entertainment
    • Sports
    • Travel
    • Environment
    • Weather
  • NRTV
    • Audio
    • Video

Welcome Back!

Login to your account below

Forgotten Password?

Create New Account!

Fill the forms bellow to register

All fields are required. Log In

Retrieve your password

Please enter your username or email address to reset your password.

Log In
NORVANREPORTS.COM | Business News, Insurance, Taxation, Oil & Gas, Maritime News, Ghana, Africa, World
This website uses cookies. By continuing to use this website you are giving consent to cookies being used. Visit our Privacy and Cookie Policy.
We use cookies to ensure that we give you the best experience on our website. If you continue to use this site we will assume that you are happy with it.