Africa Lighthouse aims P500m kitty at renewables

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.