African state-owned institutions don dey manage record US$1 trillion in assets now, GlobalSWF—the sovereign fund tracker—talk for their monthly report.

Assets wey public pension funds, central banks and sovereign wealth funds dey manage don grow, because the continent dey increasingly turn inward for investment as concessional finance and aid don cut.

"African institutions don reach all-time high, about US$1 trillion in AuM," the report talk. "Most of dem dey designed to bring FDI into Africa."

Most of that money na pension funds and central banks dey manage, but Africa still dey see rapid growth for the number of sovereign wealth funds wey dey invest state assets.

Foreign Direct Investment (FDI)

GlobalSWF talk say five new sovereign wealth funds launch this year alone: BSWF for Botswana, FIS-RDC for the Democratic Republic of Congo, ESWF for Eswatini, KSWF for Kenya, and OSWF for Oyo State, Nigeria.

The Libyan Investment Authority, wey get about US$68 billion in assets under management, na the biggest among roughly 33 sovereign wealth funds for Africa.

But funds for Sub-Saharan Africa dey manage only 1% of the total US$14.3 trillion in assets wey sovereign wealth funds hold around the world, according to GlobalSWF data.

One UN report for June show say FDI into Africa jump 75% in 2024 to US$97 billion, but e fall 42% year-on-year for the first half of 2025 as trade tensions, high interest rates and geopolitical uncertainty make investors dey cautious.