BUSINESS TECHNOLOGY MEDIA 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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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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Convergence Partners targets Cameroon with Vodacom Business Africa deal

Pan-African private equity player completes acquisition in Cote d’Ivoire, Nigeria and Zambia.
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28 Jul 2015

Pan-African ICT infrastructure fund over US$200 million strong

Convergence Partners Communication Infrastructure Fund (CPCIF) reaches final close, investment in West Africa underway.
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12 Nov 2014

'Africa's size a challenge to affordable broadband'

Size of the continent a challenge to accessing affordable broadband.
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12 May 2014

Convergence seals R400mn funding deal with Nedbank

Facility set to help boost ICT companies in Africa as part of a next investment lifecycle.
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14 Nov 2013

'Slow LTE licensing could rob Africa of $100bn’

AfricaCom: Andile Ngcaba of Convergence Partners laments lack of urgency among governments.
 
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