BRAZZAVILE, June 1 -- AFRICAS pension funds are set to play a bigger role in financing major infrastructure projects after the African Development Bank (AfDB) and the Association of African Social Security Funds (ASSA) signed a landmark cooperation agreement aimed at unlocking long-term domestic capital for development across the continent.

The agreement, signed on May 28, 2026 on the sidelines of the AfDB Annual General Meeting in Brazzaville, Republic of Congo, seeks to strengthen the participation of social security funds in financing strategic economic and social infrastructure projects, while improving returns, sustainability, and member benefits.

The deal was signed by ASSA Secretary General Meshach Bandawe and AfDB Director for t...