Browsing: Andile Ngcaba

Ngcaba warns against OTT regulation

Well-known ICT sector businessman Andile Ngcaba has warned that South Africa’s mobile networks “risk redundancy” if they fail to develop innovative ways to benefit from over-the-top technologies. Ngcaba, speaking in his capacity as chairman of the Wi-Fi Forum

Didata, Naspers JV sets out Wi-Fi plans

Vast Networks, billed as Africa’s first open-access Wi-Fi infrastructure operator, plans big expansion in the coming years as it looks first to consolidate the networks it’s inherited and then expand

Convergence pumps $20m into Nigeria

Andile Ngcaba’s Convergence Partners is investing $20m (about R255m) in Venture Garden Nigeria (VGN), a diversified financial technology company with operations in Africa’s most populous market. The “strategic minority” stake is being bought

SA must embrace open access: Ngcaba

Dimension Data Middle East and Africa chairman Andile Ngcaba has called on communications regulator Icasa and government to ensure that high-demand spectrum in the so-called “digital dividend” bands and at 2,6GHz are

Convergence in new R400m funding deal

Convergence Partners, the communications technology investment management firm controlled by businessman Andile Ngcaba, has signed a R400m long-term funding deal with Nedbank Capital. The facility will be used by Convergence Partners Investments, the vehicle that

4Di Capital, Convergence in VC tie-up

Convergence Partners is the newest investor in 4Di Capital’s venture capital (VC) fund. The technology investment management firm, founded and controlled by businessman Andile Ngcaba, will be an equal limited partner in the fund alongside Reinet (the Rupert family) and E Oppenheimer & Son

Convergence launches $145m telecoms fund

Convergence Partners, the investment management firm controlled by Dimension Data Middle East and Africa chairman Andile Ngcaba, has raised US$145m (about R1,5bn) in the “first close” of a new sub-Saharan Africa-focused communications infrastructure fund

Ngcaba named to top Internet panel

Dimension Data Middle East and Africa chairman and Convergence Partners founder Andile Ngcaba has been named to a top international panel on which he will contribute ideas on the future of Internet governance, alongside Internet luminaries such as Google vice-president Vint Cerf

New CEO for Icasa

Former Vodacom executive Pakamile Pongwana will take the reins as CEO at the Independent Communications Authority of South Africa (Icasa) on 1 November. Pongwana, previously a managing executive for regulatory affairs at Vodacom South Africa, will replace outgoing

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