# Axis Pension Trust Limited

Axis Pension Trust Limited is a Pension Fund based in Accra, Ghana.

## Overview

- **Organization type:** Pension Fund
- **Headquarters:** Accra, Ghana
- **Region:** Africa
- **Address:** 4 Ibadan Avenue East Legon, Accra, Ghana
- **Founded:** 2010
- **Assets under management:** 500 (Altss estimate)
- **Website:** axispension.com
- **LinkedIn:** https://gh.linkedin.com/company/axis-pension-trust-ltd.

## Regulatory record

- **Reports private funds:** No

## About

Axis Pension Trust Limited was established in 2010 by Afriyie Oware. The firm operates as a licensed pension trustee and administrator serving Ghanaian workers through defined-contribution schemes and annuity products. Its scale stems from organic growth in formal-sector enrollment rather than acquisition of legacy assets. The investment program centers on fixed income, real estate, public equities and private-market funds. Government of Ghana securities have historically comprised 83-90 percent of the portfolio. Real-estate exposure includes a minority stake in Rangoon Real Estate Investment PLC, which holds the PWC Tower and Huawei Building in Accra. Equity holdings include Enterprise Group and CalBank. Private-fund commitments encompass Injaro Ghana Venture Capital Fund, Mirepa Capital SME Fund and Oasis Africa Fund. Allocations remain concentrated in Ghana with limited West African coverage through the Oasis vehicle. The firm employs 110 professionals at its East Legon headquarters. It maintains a CSR program focused on financial literacy and a Young Scholars Fellowship launched in 2023 at the University of Ghana Business School. May 2025: Axis sponsored the Pension Strategy Conference in Accra on policy and market opportunities. Custody relationships exist with Zenith Bank Ghana, Stanbic Bank Ghana, Fidelity Bank Ghana and Guaranty Trust Bank. Axis participates in industry associations including the Chamber of Corporate Trustees Ghana and the Ghana Venture Capital and Private Equity Association. Its structure as an independent trustee with direct LP positions in local funds and a dedicated real-estate vehicle distinguishes it from pure asset managers or bank-sponsored pension administrators in the market.

## Sectors

- Real Estate
- Private Equity
- FinTech
- Insurance

## People

- Afriyie Oware — Co-founder and CEO
- Ernest Ababio — Board Chairman
- Robert Bennin — Chairman of the Board of Trustees
- Nana Wiafe Boamah — Former Chief Investment Officer

## Questions

### Who runs investment decisions at Axis Pension Trust Limited?

Afriyie Oware serves as co-founder and CEO. Investment oversight has involved former Chief Investment Officer Nana Wiafe Boamah and current board leadership including Robert Bennin and Ernest Ababio.

### Does Axis Pension Trust Limited participate in fund commitments or only direct deals?

The firm holds limited-partner interests in Injaro Ghana Venture Capital Fund, Mirepa Capital SME Fund and Oasis Africa Fund. It also maintains direct exposure through Rangoon REIT and listed equities on the Ghana Stock Exchange.

### What asset classes does Axis Pension Trust Limited allocate to?

Primary allocations include Ghana government securities, commercial real estate via Rangoon REIT, listed equities such as GOIL and Enterprise Group, and private equity or venture commitments in Ghana and West Africa.

### Where does Axis Pension Trust Limited source deal flow?

Sourcing occurs through local industry networks, membership in the Ghana Venture Capital and Private Equity Association, and partnerships with custodians and advisors including IC Asset Managers and Databank Asset Management.

### How is Axis Pension Trust Limited governed relative to its parent or affiliates?

Advanced Finance & Investment Group holds an ownership stake. Day-to-day operations remain independent under the Axis board and trustee structure with separate custody arrangements at multiple Ghanaian banks.

### Which regions does Axis Pension Trust Limited target for investments?

Core activity centers on Ghana. Private-fund exposure extends to West Africa through the Oasis Africa Fund while public-market holdings remain listed on the Ghana Stock Exchange.

## Related profiles

- [ATF Group](https://altss.com/profile/atf-group)
- [Bayshore Capital](https://altss.com/profile/bayshore-capital)

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Last updated: 2026-06-03T20:00:00.000Z

Canonical page: https://altss.com/profile/axis-pension-trust-limited

Maintained by Altss — https://altss.com — methodology: https://altss.com/methodology