BPOPF sets aside P3bn for local infrastructure

The BPOPF’s assets of more than P70 billion are invested in various classes of domestic and offshore instruments, mainly equities, bonds, property and others. The pension fund, through its asset managers, holds about 60% of these assets offshore and the balance locally.

The BPOPF has previously invested in infrastructure outside Botswana, placing $10 million with the Pan African Development Infrastructure Fund in South Africa in 2014. However, the P3 billion allocation will be the first targeting local opportunities.