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
Our digital safety is in our hands

That sounds like good news. But the report also warns that this may simply be because our digital economy is still young, not because we are safe. As more people shop, bank and pay online, criminals will follow.We Batswana do not need a report to tell us that danger is real. Many of us have heard of or fallen victim to KYC scams. A caller impersonates your bank or mobile money provider. They say they need to “verify” your account. They ask...

Have a Story? Send Us a tip
arrow up