{"id":293701,"date":"2025-12-01T21:17:12","date_gmt":"2025-12-01T21:17:12","guid":{"rendered":"https:\/\/www.newsbeep.com\/uk\/293701\/"},"modified":"2025-12-01T21:17:12","modified_gmt":"2025-12-01T21:17:12","slug":"africa-takes-control-of-its-wealth-unlocking-close-to-1-trillion-in-assets-locally-managed","status":"publish","type":"post","link":"https:\/\/www.newsbeep.com\/uk\/293701\/","title":{"rendered":"Africa takes control of its wealth, unlocking close to $1 trillion in assets locally managed"},"content":{"rendered":"<p>\n        The shifting global financial landscape is underscoring a new era of economic autonomy for African nations, as per a new report from GlobalSWF.\n    <\/p>\n<p>\n        Increasingly, the continent is asserting greater direct control over its substantial financial assets, which are managed by key public institutions such as state-run public pension funds, national central banks, and <a href=\"https:\/\/africa.businessinsider.com\/local\/lifestyle\/burkina-faso-junta-tightens-grip-on-sovereignty-as-it-dissolves-electoral-body\/sfthrgk\" id=\"8e489065-db85-4096-bb14-35dd85cfc2f8\" data-link-role-code=\"open_new_tab\" target=\"_blank\" rel=\"nofollow noopener\">sovereign<\/a> wealth funds (SWFs).\n    <\/p>\n<p>\n        This new shift has resulted in the continent managing close to a record $1 trillion in assets, as reported by <a href=\"https:\/\/www.reuters.com\/world\/africa\/africa-nears-record-1-trillion-state-owned-assets-under-management-2025-12-01\/\" id=\"3a595050-9cc1-40cd-9129-c8042ad30bc9\" data-link-role-code=\"open_new_tab\" target=\"_blank\" rel=\"nofollow noopener\">Reuters<\/a>.\n    <\/p>\n<p>\n        Financial aid cuts are the primary reason for this trend, as Africa has been forced to look for domestic solutions to internal problems.\n    <\/p>\n<p>\n        &#8220;African (institutions) are at an all-time high, with circa $1 trillion in AuM,&#8221; the GlobalSWF report reads in part.\n    <\/p>\n<p>\n        &#8220;Most are designed to catalyze FDI into Africa,&#8221; it adds.\n    <\/p>\n<p>\n        Much of the money is handled by pension funds and central banks, but the continent is also experiencing a tremendous rise in the total amount of sovereign wealth funds investing in state assets.\n    <\/p>\n<p>\n        The GlobalSWF report showed that in 2025, alone, 5 new sovereign wealth funds popped up, including BSWF in Botswana, FIS-RDC in the Democratic Republic of Congo, ESWF in Eswatini, KSWF in Kenya, and OSWF in Nigeria&#8217;s Oyo state.\n    <\/p>\n<p>\n        The Libyan Investment Authority, with $68 billion in assets under administration, is the largest among <a href=\"https:\/\/africa.businessinsider.com\/local\/lifestyle\/the-african-union-ai-policy-framework-sets-standards-for-data-sovereignty\/n5dpnff\" id=\"73c68cd8-e534-4c8d-ad6e-ed00c740f50d\" data-link-role-code=\"open_new_tab\" target=\"_blank\" rel=\"nofollow noopener\">Africa&#8217;s<\/a> roughly 33 national wealth funds.\n    <\/p>\n<p>        Assets handled by Africa <\/p>\n<p>\n        As per the latest data from <a href=\"https:\/\/globalswf.com\/\" id=\"900a2110-4128-4da1-b3f0-b6d3fa143ca4\" data-link-role-code=\"open_new_tab\" target=\"_blank\" rel=\"nofollow noopener\">GlobalSWF\u2019s findings<\/a>, Sub-Saharan Africa holds 1% of the $ 17.0 trillion controlled by the world\u2019s central banks, which would put the figure at $170 billion.\n    <\/p>\n<p>\n        While the report tells of growth, this 1% is a far cry from continents such as Asia and Europe, which control 49% and 31% of the total funds, respectively.\n    <\/p>\n<p>\n        Africa possesses the lowest ratio at 1%, a figure mirroring its 1% share of the world&#8217;s $14.3 trillion in sovereign wealth funds, Africa controls.\n    <\/p>\n<p>\n        The number here amounts to $143 billion for Africa, distant from Asia\u2019s $5.148 trillion (36%) and <a href=\"https:\/\/africa.businessinsider.com\/local\/markets\/africa-to-receive-over-euro2b-from-european-investment-bank-for-renewable-energy\/er73fzx\" id=\"97853ba1-1b88-4ed6-8dee-4689a61641aa\" data-link-role-code=\"open_new_tab\" target=\"_blank\" rel=\"nofollow noopener\">Europe&#8217;s<\/a> $2.574 trillion (18%).\n    <\/p>\n<p>\n        And of the world\u2019s total public pension funds, which amounts to $25.9 trillion, Africa only controls $259 billion, which is also 1%.\n    <\/p>\n","protected":false},"excerpt":{"rendered":"The shifting global financial landscape is underscoring a new era of economic autonomy for African nations, as per&hellip;\n","protected":false},"author":2,"featured_media":293702,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[11],"tags":[84,1294,56,54,55],"class_list":{"0":"post-293701","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-economy","8":"tag-business","9":"tag-economy","10":"tag-uk","11":"tag-united-kingdom","12":"tag-unitedkingdom"},"_links":{"self":[{"href":"https:\/\/www.newsbeep.com\/uk\/wp-json\/wp\/v2\/posts\/293701","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.newsbeep.com\/uk\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.newsbeep.com\/uk\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/uk\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/uk\/wp-json\/wp\/v2\/comments?post=293701"}],"version-history":[{"count":0,"href":"https:\/\/www.newsbeep.com\/uk\/wp-json\/wp\/v2\/posts\/293701\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/uk\/wp-json\/wp\/v2\/media\/293702"}],"wp:attachment":[{"href":"https:\/\/www.newsbeep.com\/uk\/wp-json\/wp\/v2\/media?parent=293701"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.newsbeep.com\/uk\/wp-json\/wp\/v2\/categories?post=293701"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.newsbeep.com\/uk\/wp-json\/wp\/v2\/tags?post=293701"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}