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APSA Conference Report 2022

The African Pension Supervisors Association (APSA) is a membership formed in 2019 during the inaugural conference held in Nairobi, Kenya. The Forum is still at its infancy stages and spearheaded by an interim committee appointed from among the founder member countries to oversee its institutionalization. It brings together pension regulators and supervisors from across Africa to canvass issues of common interest. The goal of APSA is to provide a platform for collaboration, co-operation and exchange of information and ideas to better supervise, regulate and grow the pension sector in Africa.

Background and Rationale

The formation of the APSA was mooted by African countries who are members of International Organization of Pension Supervisors (IOPS) during their side meetings. IOPS is a global network of pensions supervisors and focuses on setting of standards, better regulation, and supervision for the sector. The APSA, therefore, focuses more on pension issues and challenges that are pertinent or rather unique to the African continent. It allows pension supervisors to learn from one another in order to find solutions to enhance better governance and performance of the pension sector. Their different experiences and perspectives in addressing their respective challenges would be resourceful as they seek solutions for them. Such discourse for the Continent was long overdue as other regions where IOPS draws its membership already enjoyed such, as was the case with Latin American membership in IOPS.  The Forum holds annual conferences bringing together pension supervisory bodies from the continent as well as professionals and pension sector practitioners from Africa and elsewhere who are knowledgeable and experienced in the pension subject matter. So far, the Forum has held three successful conferences. The inaugural conference was held in Nairobi – Kenya on 16th and 17th September 2019 while the second conference was held virtually in September 2020 due to the advent of covid-19 that restricted travels and in person meetings. The third conference was held in Kigali – Rwanda on 14th and 15th July 2022.