Africa Lighthouse Capital, a Botswana-based private equity firm, has acquired a significant minority equity stake in Bayport Financial Services Botswana, a regulated microfinance institution that provides financial solutions to government employees and other formally employed individuals across the country.
Bayport Botswana is recognized for its commitment to responsible lending practices, offering access to credit for working individuals, particularly those in essential service roles such as teachers, nurses, and police officers. The company’s financial products are designed to support personal development and economic empowerment, enabling clients to invest in education, housing, and small business ventures.
Bame Pule, Founder and CEO of Africa Lighthouse Capital, expressed enthusiasm about the partnership, stating:
Africa Lighthouse Capital is proud to partner with Bayport Botswana, a clear leader in Botswana’s financial services sector. We share a vision of a more inclusive financial sector in Botswana and see great potential in Bayport’s responsible lending model. Our investment is about supporting and empowering working families by enabling access to credit that can help them invest in education, housing and small businesses.
Pule further emphasized the social impact of Bayport’s services:
Bayport’s typical borrowers are essential workers like teachers, nurses, and police officers who benefit from Bayport’s financing to improve their lives. We are committed to building a more inclusive financial system in Botswana and this partnership advances that goal.
This strategic investment aligns with Africa Lighthouse Capital’s broader mission to foster inclusive economic growth in Botswana by backing businesses that deliver both financial returns and meaningful social impact.