Africa Lighthouse aims P500m kitty at renewables

Seeing green: Pule is assessing opportunities in renewable energy
Seeing green: Pule is assessing opportunities in renewable energy

Local private equity firm, Africa Lighthouse Capital, is eyeing local and regional opportunities in renewable energy, an area founder and CEO, Bame Pule, says more investors should be ‘going gangbusters’ about.

The 11-year-old firm secured a P500 million private equity mandate from the Botswana Public Officers Pension Fund (BPOPF) in 2018 and has thus far invested half the capital in local entities such as the Funeral Services Group and the Minet Group.

Private equity or capital investment made into companies that are not listed, is a key financier in the economy, particularly in the pursuit of economic diversification, as the Botswana Stock Exchange firms represent a narrow piece of the spectrum of private enterprise.

Editor's Comment
CoA brings sanity to DIS/DCEC long-standing feud

This decision follows the raiding of the office of the former Director General of the DCEC, Tymon Katlholo early 2022 and his staff officer by the DIS operatives who reportedly took files that they had targeted.After all back and forth arguments, the CoA has set the record straight giving an invaluable lesson to the DIS that it was no super security organ and it does not have any powers to cogently supervise other security organs including the...

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