Africa Lighthouse eyes bigger kitty for Fund2
Friday, December 13, 2024 | 1540 Views |
Eyeing growth: Pule
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.
Whilst the project received mixed reactions from members of the public, the project is indeed a welcome development, which needs to be implemented as soon as possible. Many shared their opinion, with those against the project decrying that if implemented, it will kill the already struggling public transport industry.Many countries around the world have state-run public transport, and those who have travelled to such countries will give testimony...