Government Employees Pension Fund (GEPF) News

Jeff Schlapinski, Director of Research, EMPEA

Private equity investment in Africa heats up as pension funds stay local

African private equity is having its moment in the sun, with pension funds on the continent ready to invest in their own backyard as investment banks continue to retreat from lending and domestic strategies mature.

Menlyn Park Shopping Centre, Pretoria, South Africa (Illustration)

Menlyn Park Shopping Centre to cement its place as Africa’s largest mall

Despite a slowdown in consumer spending across South Africa, Pretoria’s Menlyn Park Shopping Centre is undergoing a R2.5 billion revamp that will make it the largest mall in Africa, unseating Durban’s Gateway Theatre of Shopping.

Smile Telecoms raises $365M from African investors to expand broadband coverage across the continent

Smile Telecoms raises $365M from African investors to expand broadband coverage across the continent

Smile Telecoms plans to grow its broadband network in Africa after raising $365 million in debt and equity financing.

Convergence Partners raises $200M for largest ever fund dedicated to Africa ICT infrastructure

Convergence Partners raises $200M for largest ever fund dedicated to Africa ICT infrastructure

Convergence Partners, an investment management firm focused on the African telecommunications, media and technology sector, has announced the successful final close of its Convergence Partners Communication Infrastructure Fund (CPCIF).

John Oliphant, former Principal Executive Officer of South Africa’s Government Employees Pension Fund (GEPF)

John Oliphant, former head of South Africa's Government Employees Pension Fund (GEPF), starts investment firm

John Oliphant, who left as principal executive officer of South Africa’s Government Employees Pension Fund after a year-long suspension, has started Gaia Investment Partners to benefit from African infrastructure projects.

Grant Cullens, CEO, African Alliance Asset Management

South African funds don't invest in their backyard

It is not just European and U.S. pension funds that are slow to invest in the opportunities available on the Africa continent: South Africa-based funds also need encouragement.