Management takeover at Afena Capital

 In a transaction that is still before regulators, the local management team is acquiring an additional 51% in the Botswana firm from South African parent company, Afena Capital. “We are excited about the opportunities available for Afena Capital Botswana with these changes within our firm.

This enhances our business and achieves the desired effect of ensuring that Batswana citizens will hold majority of the proposed shareholding acquired,” said managing director Bakang Seretse.