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
Human rights are sacred

It highlights the need to protect rights such as access to clean water, education, healthcare and freedom of expression.President Duma Boko, rightly honours past interventions from securing a dignified burial for Gaoberekwe Pitseng in the CKGR to promoting linguistic inclusion. Yet, they also expose a critical truth, that a nation cannot sustainably protect its people through ad hoc acts of compassion alone.It is time for both government and the...

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