Mmegi

Africa Lighthouse eyes bigger kitty for Fund2

Eyeing growth: Pule
Eyeing growth: Pule

Local private equity asset manager, Africa Lighthouse Capital (ALC), has announced plans to launch its second investment fund next year, targeting mega investments in high-growth companies both locally and internationally.

The Botswana Public Officers Pension Fund invested half a billion in ALC’s first fund to invest in local private equities, alongside undisclosed investment amounts from six other private and public pension funds.

This time the fund manager expects the second fund to raise even larger investment sums from new and existing investors.

Editor's Comment
Two-tier education system demands action

Whilst we join Botswana Sectors of Educators Trade Union (BOSETU) and other stakeholders in commending the rise in top grades, a testament to the unwavering effort of many teachers and pupils, this progress is fundamentally shadowed by a failing that shames our society. The stark, persistent urban-rural divide is not just a statistic, but an active betrayal of thousands of young Batswana.The figures are a damning indictment. When pass rates in...

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