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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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21 Jun 2023

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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26 Apr 2023

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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2 Sept 2021

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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26 Jul 2021

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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16 Apr 2021

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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25 Nov 2020

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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31 Aug 2020

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.