| Date | Title | Description |
| 25.03.2026 | Seacom earnings surge as subsea cable disruptions ease | Image for illustration purposes only
Digital infrastructure and managed services provider Seacom has delivered a sharp improvement in earnings after the subsea cable disruptions that weighed on results in the prior period fell away.
In inte... |
| 11.11.2025 | Seacom targeting Q4 2026 to lock in funds for huge new broadband system | Seacom group chief digital officer Prenesh Padayachee
Seacom is targeting the fourth quarter of 2026 to reach financial close on its massive planned subsea broadband cable system that will connect Africa with Europe and Asia.
Dubbed Seacom ... |
| 18.07.2025 | Cut electricity prices for data centres: Andile Ngcaba | Andile Ngcaba
Convergence Partners chairman Andile Ngcaba said on Friday that government should consider granting a special electricity tariff for data centres to support the ICT sector’s growth.
This would be similar to the dispensation of... |
| 22.01.2025 | Global firms eyeing South African IT companies for M&A deals | Businesses in South Africa’s ICT sector are seeing rapid technological advancements, creating a dynamic environment for mergers and acquisitions.
Indeed, there is growing interest from international buyers in South African tech and software... |
| 26.10.2024 | The Ticking Clock: Social Security's Looming Crisis | The clock is ticking. By 2033, the U.S. Social Security program faces a crisis. If Congress remains idle, benefits will shrink. The stakes are high. Millions of seniors depend on these payments. A cut of 21% could double the elderly poverty... |
| 25.10.2024 | Experts disagree on AI regulation in South Africa | The rush by regulatory bodies in some regions to regulate artificial intelligence while the technology is still in its infancy could stifle its development and rob humanity of its benefits before they are realised.
That’s the stark warning ... |
| 09.02.2024 | Africa-focused funds find their feet amid a downturn | In the midst of a funding downtime last year, and with conditions getting tougher for fund managers raising capital as backers (limited partners) enhanced their focus on strategy and track record, some new African and Africa-focused funds s... |
| 17.01.2024 | Unlocking Growth: Convergence Partners’ Bold Move with Datacentrix Group | In a move that promises to redefine the digital infrastructure landscape, Convergence Partners has officially taken the reins of Datacentrix Group through its Digital Infrastructure Fund (CPDIF). Let’s explore the strategic maneuvers and sh... |
| 16.11.2023 | CSquared raises $25 million new equity investment | CSquared Link Holdings (Mauritius) Limited is a pan-African technology company committed to digitally connecting Africa by making impactful investments in telecommunications infrastructure throughout the region. To accelerate the expansion ... |
| 21.06.2023 | Convergence Partners invests in solar finance firm Yellow | Convergence Partners chairman Andile Ngcaba
Andile Ngcaba’s Convergence Partners has invested in Yellow, a leading provider of pay-as-you-go finance for off-grid solar home systems and connectivity for low-income consumers in East Africa.
L... |
| 19.06.2023 | Convergence Partners backs Yellow’s latest Series B funding round | MAURITIUS , June 19, 2023/EINPresswire.com/ -- Convergence Partners is pleased to announce the closure of its investment in Yellow, a leading provider of pay-as-you-go finance for off-grid solar home systems and connectivity solutions for l... |
| 25.04.2023 | Convergence Partners invests in fintech trading platform | Fintech incubator 42Markets and its South African subsidiaries have received a R182-million investment from Convergence Partners and various development finance institutions.
The lion’s share of the investment goes to Mesh.trade, a trading ... |
| 24.04.2023 | Convergence Partners closes $10m investment in 42Markets Group | - |
| 31.01.2023 | Convergence Partners secures $296 million to invest in digital infrastructure in Africa
TechCabal’s 2021 Year-End report
Success! | South Africa private equity firm Convergence Partners has announced that it has closed its Convergence Partners Digital Infrastructure Fund (CPDIF) at $296 million, surpassing its initial target by over 18%.
According to a statement by the ... |
| 30.01.2023 | Convergence Partners raises $296 million to drive digital inclusion across Africa | - |
| 30.01.2023 | Private equity firm raises $296m to drive digital inclusion | Convergence Partners, a leading private equity investor dedicated to the technology sector across sub-Saharan Africa, closed its Convergence Partners Digital Infrastructure Fund (CPDIF) at $296 million, surpassing its initial target by over... |
| 30.01.2023 | Private equity firm raises $296m to drive digital inclusion | Convergence Partners, a leading private equity investor dedicated to the technology sector across sub-Saharan Africa, closed its Convergence Partners Digital Infrastructure Fund (CPDIF) at $296 million, surpassing its initial target by over... |
| 23.07.2021 | Twitter’s downvote button, Cellulant’s licence approval, Convergence Partners’ $120m round | Share this article:
Good day,
Victoria here.
Today, I’m discussing:
Twitter’s shiny new downvote button
Convergence’ Partners’ $120m round
Cellulant’s licence approval in Tanzania Twitter is testing out a downvote button
Photo by Claudio Sc... |
| 16.04.2021 | Andile Ngcaba’s inq. and Elastic To Strengthen Cybersecurity In Africa | wp_booster error:
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| 25.02.2021 | Andile Ngcaba’s Convergence Partners Buys Ctrack From Nasdaq-Listed Inseego | wp_booster error:
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| 25.02.2021 | Andile Ngcaba’s Convergence Partners Buys Ctrack From Nasdaq-Listed Inseego | wp_booster error:
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| 25.02.2021 | Andile Ngcaba’s Convergence Partners Buys Ctrack From Nasdaq-Listed Inseego | wp_booster error:
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| 08.12.2020 | Andile Ngcaba’s Convergence Partners Spent R75 Million To Buy More Stake In Channel VAS | wp_booster error:
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| 08.12.2020 | Andile Ngcaba’s Convergence Partners Spent R75 Million To Buy More Stake In Channel VAS | wp_booster error:
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| 26.08.2020 | Andile Ngcaba’s inq Partners with Nasdaq-Listed Enea | inq.-Futuristic |
| 08.04.2020 | Andile Ngcaba’s inq Wants to be Africa’s Number one AI Service Provider | Artificial intelligence is redesigning the healthcare system. (Image Source: Pixabay) |
| 08.04.2020 | Andile Ngcaba’s inq Wants to be Africa’s Number one AI Service Provider | Artificial intelligence is redesigning the healthcare system. (Image Source: Pixabay)
ICT industry veteran Andile Ngcaba‘s inq., a Pan-African digital service provider, wants to be Africa’s number one artificial intelligence (AI) service pr... |
| 21.06.2019 | Andile Ngcaba’s Firm Buys Three Vodacom Business Africa Operations | wp_booster error:
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| 21.06.2019 | Andile Ngcaba’s Firm Buys Three Vodacom Business Africa Operations | wp_booster error:
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| 06.12.2018 | SA’s Snapt on track for 1000% revenue growth after landing $3m investment | Two years after raising $1-million in funding, SA tech company Snapt this week landed $3-million from three local investors — Nedbank, Sanari Capital and Convergence Partners (which took part in the earlier round) — and is on track to recor... |
| 06.12.2018 | SA’s Snapt on track for 1000% revenue growth after landing $3m investment | Two years after raising $1-million in funding, SA tech company Snapt this week landed $3-million from three local investors — Nedbank, Sanari Capital and Convergence Partners (which took part in the earlier round) — and is on track to recor... |
| 18.05.2017 | Andile Ngcaba’s Convergence Partners, Google, IFC, Mitsui Invest $100 million in Kenya’s CSquared | wp_booster error:
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| 16.05.2017 | Google and partners commit $100 million to African broadband project CSquared | Did you miss a session from GamesBeat Summit 2022? All sessions are available to stream now. Learn more.
Google is forming a four-way partnership to invest in a wholesale broadband infrastructure project designed to bring fast and reliable ... |
| 16.05.2017 | Google and partners commit $100 million to African broadband project CSquared | Google is forming a four-way partnership to invest in a wholesale broadband infrastructure project designed to bring fast and reliable internet access to cities across Africa.
The initiative is an extension of Project Link, a program Google... |
| 20.06.2016 | Business mogul Andile Ngcaba says Convergence wants to invest more on ICT platforms | wp_booster error:
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| 01.06.2016 | Snapt scores USD 1m in funding from Convergence Partners | - |
| 01.06.2016 | Businessman Andile Ngcaba’s firm Convergence pumps millions into SA’s start-up Snapt | - |
| 21.03.2016 | Daily funding roundup - March 21, 2016 | Moat bagged $50M; eGym closed a $45M funding; Mattermark raised $7.3M from Foundry Group
ServisHero, a platform for finding and hiring local service providers in southeast Asia, secured a $2.7 million “pre-Series A” round led by Golden Gate... |
| 21.03.2016 | inQuba Receives Growth Investment from Convergence Partners | inQuba, a Santa Monica, California-based specialist in managed Customer Experience (CX) software, received growth investment from Convergence Partners.
Convergence Partners Fund I (CPI), the vehicle through which Convergence Partners invest... |
| 19.08.2015 | Venture Garden Nigeria gets $20m Investment Fund from Convergence partners | Share this article:
Venture Garden Nigeria just raised the sum of $20 million from Convergence Partners to enable the investment holding company accelerate its strategic plans in Nigeria, and across the West African.
According to Bunmi Akin... |
| 11.08.2015 | Convergence Partners announces $20m investment to stimulate tech in West Africa | Pan-African investment management firm Convergence Partners has announced an investment of US$20-million for a minority stake in Venture Garden Nigeria (VGN), a tech investment holding company operating in the West African country.
VGN is d... |
| 11.08.2015 | Convergence Partners announces $20m investment to stimulate tech in West Africa | Pan-African investment management firm Convergence Partners has announced an investment of US$20-million for a minority stake in Venture Garden Nigeria (VGN), a tech investment holding company operating in the West African country.
VGN is ... |
