At a Glance: MFW4A’s Activities on Long-Term Finance
MFW4A supports the mobilisation of domestic long-term resources for investment, with a particular focus on the role of institutional investors and capital markets in the supply of long-term finance.Through the Africa Pension Funds Network (APFN), established in 2014, MFW4A fosters co-operation and exchange of best practices amongst African pension funds.
MFW4A also facilitates capacity-building initiatives, and facilitates opportunities for collaboration between DFIs and African institutional investors. The network, is currently focused on industry associations and pension funds from Botswana, East Africa, Namibia, Nigeria, and South Africa, given their similarities. The Partnership is now looking to promote exchanges at a pan‐African level by extending its activities to francophone Africa. In November 2017, MFW4A partnered with the African development Bank (AfDB) and APFN to organize a roundtable titled ‘’ Unlocking Domestic Institutional Capital in Support of AfDB’s Hi5 Agenda ’‘.MFW4A committed to support plans to establish co-investment platforms for local pension funds with capacity building programsThe Secretariat is currently supporting a consortium of 10 local pension funds in Kenya with capacity building in infrastructure and housing. With several African countries undertaking regulatory reform and expanding opportunities for pension funds to invest in alternative assets, the Secretariat has started consultations to establish a platform for dialogue between pension funds regulators. The proposal is to establish a network of African pensions regulators which will support the exchange of information, peer-to-peer learning, and collaboration. MFW4A
is also leading the Institutional Investors workstream of the AfDB’s Africa Investment Forum (AIF). AIF is a multi-stakeholder, multi-disciplinary platform dedicated to advancing projects to bankable stages, raising capital, and accelerating the financial closure of deals.
The institutional investors workstream is focussed on
determining their investment needs, facilitating tailored structures and showcasing Africa’s investment successes and enabling policies that would be attractive to both global and domestic institutional investors.