Private equity firm eyes P2bn fund

Carr
Carr

Capital Management Botswana (CMB) is targeting to raise up to P2 billion under a trend setting private equity fund to be invested in local and Botswana linked businesses.

CMB, which won a P500 million private equity tender from the Botswana Public Officer Pension Fund (BPOPF) last year, says it wants to raise a further P1.5 billion from other local pension funds and international investors.

The new fund, Botswana Opportunities Partnership (BOP) will invest into local businesses providing mostly growth capital.

Editor's Comment
Batswana need to do better to stop FMD

It is a clear signal that the government’s purse is empty and that our own behaviour has left veterinary officials fighting with one hand tied behind their backs. We have been here before. During COVID-19, many of us thought we knew better. We ignored simple rules, we carried on as if the danger was someone else’s problem, and the virus took lives and left our economy on its knees. We are still broke from that experience. Yet now, with FMD...

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