BPOPF takes bigger stake in Tlou Energy

Tlou Energy is set to pioneer the country's first CBM poer station PIC: TLOUENERGY.COM
Tlou Energy is set to pioneer the country's first CBM poer station PIC: TLOUENERGY.COM

Botswana Public Officers Pensioners Fund (BPOPF) has recently increased its stake in Tlou Energy Limited to 10.4%, snapping up P21 million worth of additional shares in the upcoming natural gas developer.

The increased investment is a vote of confidence for Tlou, which is a front-runner in government’s pending contract for the construction of a 100-megawatt Coal Bed Methane power station.

The BPOPF, which is the country’s largest pension fund with approximately P60 billion in assets, previously held a 4.6 percent stake in Tlou.

Editor's Comment
Routine child vaccination imperative

The recent Vaccination Day in Motokwe, orchestrated through collaborative efforts between UNICEF, USAID, BRCS, and the Ministry of Health, underscores a commendable stride towards fortifying child health services.The painful reality as reflected by the Ministry of Health's data regarding the decline in routine immunisation coverage since the onset of the pandemic, is a cause for concern.It underscores the urgent need to address the...

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