Imara launches African resources fund

Botswana Stock Exchange (BSE)- listed financial services group Imara, is set to excite the market as it launches an investment fund focusing on African resources, that will target international investors and fund managers.

"The new fund is a renewed expression of long-term confidence in Africa as an important investment destination," Imara chief executive Mark Tunmer said in a statement yesterday.

The Imara African Resources Fund (IARF) was seeded six months ago by Imara executives and has positions in companies with underlying assets in South Africa, Zimbabwe, Botswana, Tanzania, Ghana, Mali and several other African countries.

Editor's Comment
Women unite for progress

It underscores the indispensable role women play in our society, particularly in building strong households and nurturing families. The recognition of women as the bedrock of our communities is not just a sentiment; it's a call to action for all women to stand together and support each other in their endeavours.The society's aim to instil essential principles and knowledge for national development is crucial. By providing a platform for...

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