MARKETS

Tlou finds major backer

BOTSWANA-focused CSG developer Tlou Energy has found a local investment fund backer for a new share offer that will see it join the busy local stock exchange and begin the next round of funding for its plan to bring power to market by 2019.

 Botswana flag.

Botswana flag.

Swaziland-founded African Alliance's subsidiary African Alliance Botswana has entered into a conditional subscription agreement with Tlou for 21.2 million new ordinary shares at roughly 20c each to raise...

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