This note assesses the short-to-medium term impact of the COVID crisis on emerging African pension fund sectors’ portfolio management approaches and related challenges and opportunities that the crisis has brought to light. From a policy-response perspective overall, the crisis has underscored the need to give greater priority going forward to increasing the level of longer-term domestic savings in African economies and providing for more extensive participation, including by those in the informal sector. The crisis has also elevated the broader policy discussion on determining the best means of tapping into pools of domestic capital, where they exist, which will be important to a sustainable economic recovery.
