APSA is a coordinated platform that brings together pension industry regulators and supervisors from across Africa. The association was formally launched in September 2019 at the first Africa Pensions Supervisors Conference held in Nairobi. The founding member countries are Nigeria, South Africa, Kenya, Uganda, Zambia and Rwanda.  The current membership is made up of regulators from 15 countries and are responsible for over US$350 billion assets – over 86% of pension assets in Africa.

The association seeks to enhance pension supervision and regulation by providing a platform for collaboration, co-operation and exchange of information and ideas to better supervise, regulate and grow the pension sector in the continent. The network is poised to accelerate the pace of reforms in the pension space for greater economic impact in Africa.

Since its launch in 2019, FSD Africa has committed to support the association on policy and regulatory development, events and thought leadership. APSA is led by a 5-member committee appointed from among the founding member countries to oversee its institutionalization and formalization. The secretariat is hosted by the Retirement Benefits Authority of Kenya.