The Human Capital Strengthening Insurance Project Coordination Unit (Arch), in collaboration with the World Bank, has been organizing a workshop since Wednesday, May 29, 2019 on “Extending Pension Coverage to Informal Sector Workers in Africa”. “.

The meeting will be attended by government officials from pension institutions, ministries and supervisory agencies from fifteen countries as well as representatives of regional regulatory organizations in West Africa. It aims to promote an open discussion on extending pension coverage to the informal sector.

For the resident representative of the World Bank in Benin, Katrina Sharkey, the extension of pension coverage to the large informal sector remains a challenge for Africa.

In the region, it is limited to a small group of the formal sector population that can contribute to existing pension systems to save for retirement.

The Minister of State for Planning and Development, Abdoulaye Bio Tchané, opened the workshop.

In his speech, he thanked the World Bank for choosing Benin. According to him, this meeting offers a wide range of expertise and experience on the subject.

“I do not despair of this workshop that it will be of great importance for the initiation in Africa of a pension system relevant and related to our national and regional realities,” he added.

The work of the workshop ends next Friday.

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