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Understanding Africa’s pensions system

PUBLISHED: Tue, 31 Jul 2018 14:44:19 GMT

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The World Bank estimates Africa should spend $93bn – 5 per cent of the GDP each year on infrastructure whereas the AfDB notes a $50billion financing gap to reach this. Pension funds across the continent have been created to help fill this gap. Joining CNBC Africa to discuss the pension system within the region is Eric Quartey, CEO of Axis Pensions East Africa.


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