Exclusive: CEO, head of sales leave inq. as part of reshuffle
The pan-African technology company has parted ways with two leading executives and appointed a new chief commercial officer as part of a strategic refocus.
Samuel Mungadze
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Andile Ngcaba’s inq. to launch AI centre of excellence in Zambia
The company is set to launch an AI Centre of Excellence in Zambia next month to develop African solutions and build talent.
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Convergence Partners finances Yellow Series B funding
The investment company says the solar power company has become a catalyst for change and a model for leveraging technology to solve a pressing problem for Africa.
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Convergence Partners picks a $10m stake in fintech group 42Markets
The investment firm says the transaction falls squarely into one of the emerging fintech themes that form part of its focus.
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Africa needs deliberate investment in digital to benefit from tech revolution
Rack Centre and PwC outline objectives of a webinar that will focus on how the continent can leverage the digital revolution.
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IFC pumps R372m into Africa’s digital infrastructure
Connectivity supports economic growth and job creation, says the development institution, which wants to connect more African homes and businesses.
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Infrastructure Fund targets US$250m to help drive Africa’s digital agenda
Private equity investor Convergence Partners closes third fund of US$120m.
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inq. partners Elastic to stretch cyber security services in Africa
Alliance aims to empower clients with visibility across their networks, servers, security and advance their threat detection.
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Andile Ngcaba touts broader support for start-ups, SMMEs
The Digital Council Africa plans to collaborate with industry players to boost support for start-ups and SMMEs, says council president Andile Ngcaba.
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Rack Centre announces US$100m datacentre expansion plan
Funding will come from a US$250-million pan-African data centre platform established by Actis and Convergence Partners.
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Fibre council rebrands to Digital Council Africa
The FTTx Council Africa changes its name to the Digital Council Africa, in a move to expand the digital transformation conversation across the continent.
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Convergence Partners targets Cameroon with Vodacom Business Africa deal
Pan-African private equity player completes acquisition in Cote d’Ivoire, Nigeria and Zambia.