{"id":35825,"date":"2026-05-29T18:13:20","date_gmt":"2026-05-29T16:13:20","guid":{"rendered":"https:\/\/www.channelafrica.co.za\/channelafrica\/?post_type=news&#038;p=35825"},"modified":"2026-05-29T18:13:20","modified_gmt":"2026-05-29T16:13:20","slug":"sadc-urges-african-nations-to-tap-pension-funds-for-local-growth","status":"publish","type":"news","link":"https:\/\/www.channelafrica.co.za\/channelafrica\/news\/sadc-urges-african-nations-to-tap-pension-funds-for-local-growth\/","title":{"rendered":"SADC urges African nations to tap pension funds for local growth"},"content":{"rendered":"<p>African countries must do more to unlock the continent\u2019s vast economic potential by aggressively investing their own domestic capital, according to the Executive Secretary of the Southern African Development Community (SADC), Elias Magosi.<\/p>\n<p>&nbsp;<\/p>\n<p>Speaking on the sidelines of the African Development Bank Annual Meetings in Brazzaville, Republic of Congo, Magosi challenged SADC member states to aggressively strengthen regional trade, accelerate industrialisation, and drive local job creation.<\/p>\n<p>&nbsp;<\/p>\n<p>Magosi noted with concern that Africa continues to heavily seek development funding from external partners despite boasting significant internal financial resources. He highlighted that major domestic assets, including state and private pension funds, are frequently invested abroad rather than being capitalised to support and build African economies.<\/p>\n<p>&nbsp;<\/p>\n<p>&#8211;ChannelAfrica&#8211;<\/p>\n","protected":false},"featured_media":35215,"template":"","meta":{"_acf_changed":false},"news-type":[44],"class_list":["post-35825","news","type-news","status-publish","has-post-thumbnail","hentry","news-type-finance","entry"],"acf":{"short_description":"African countries must do more to unlock the continent\u2019s vast economic potential","published_date":"2026-05-29 18:04:07","news_description":"African countries must do more to unlock the continent\u2019s vast economic potential","form_embed":"","author":"","image_caption":""},"_links":{"self":[{"href":"https:\/\/www.channelafrica.co.za\/channelafrica\/wp-json\/wp\/v2\/news\/35825","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.channelafrica.co.za\/channelafrica\/wp-json\/wp\/v2\/news"}],"about":[{"href":"https:\/\/www.channelafrica.co.za\/channelafrica\/wp-json\/wp\/v2\/types\/news"}],"version-history":[{"count":1,"href":"https:\/\/www.channelafrica.co.za\/channelafrica\/wp-json\/wp\/v2\/news\/35825\/revisions"}],"predecessor-version":[{"id":35826,"href":"https:\/\/www.channelafrica.co.za\/channelafrica\/wp-json\/wp\/v2\/news\/35825\/revisions\/35826"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.channelafrica.co.za\/channelafrica\/wp-json\/wp\/v2\/media\/35215"}],"wp:attachment":[{"href":"https:\/\/www.channelafrica.co.za\/channelafrica\/wp-json\/wp\/v2\/media?parent=35825"}],"wp:term":[{"taxonomy":"news-type","embeddable":true,"href":"https:\/\/www.channelafrica.co.za\/channelafrica\/wp-json\/wp\/v2\/news-type?post=35825"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}