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
Depression is real; let's take care of our mental health

It is not uncommon in this part of the world for parents to actually punish their children when they show signs of depression associating it with issues of indiscipline, and as a result, the poor child will be lashed or given some kind of punishment. We have had many suicide cases in the country and sadly some of the cases included children and young adults. We need to start looking into issues of mental health with the seriousness it...

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