TOP 10 10
Letshego Holdings Namibia $ 30mn ( Botswana ) www . letshego . com / namibia Letshego Financial Services Namibia ( Letshego Namibia ) opened its doors in 2002 as Edu Loan Namibia , providing consumer and micro-lending services . In August 2008 , Letshego Holdings Limited ( LHL ), a Botswana Stock Exchange ( BSE ) listed entity , acquired 100 % of the company , soon after which the company re-branded to Letshego Financial Services Namibia . LHL is the largest indigenous BSE-quoted company with a current market capitalisation in excess of BWP 5bn ($ 500m ) that places it in the top 40 sub-Saharan Africa companies ( excluding South Africa ). LHL focuses on low to middle income earners in the economy , through the provision
09 of financially inclusive solutions .
58 February 2018
RH Bophelo Ltd $ 38mn ( South Africa ) www . rhbophelo . co . za RH Bophelo ( RHB ) is a healthcare
investment vehicle aiming to produce superior returns , whilst contributing to socio-economic value creation and development of South Africa . It aims to pursue acquisitions of healthcare assets in exceptionally managed commercial entities or special situations across the South African market . However , a tenth of the fund will be allocated for social assets . The company has been structured to deliver shareholders a growth-oriented cash generative return , without the negative structural elements of traditional junior debt and private equity funds , namely management fees , illiquidity and opaque governance .