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
Browsing: Andile Ngcaba
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 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
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
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
Open-access telecommunications infrastructure company FibreCo is turning its attention to its next big project after completing construction of a fibre-optic link between Johannesburg and East London. The 1 000km Johannesburg to East London route, which follows
Over the weekend, the Sunday Independent reported that President Jacob Zuma plans to axe communications minister Dina Pule, after it was discovered that her alleged boyfriend, Phosane Mngqibisa, benefited improperly from the ICT Indaba in Cape Town
Build it and they will come. That was the overwhelming message emanating from the first FTTH Council Africa conference in Cape Town this week. Speaker after speaker made the case – often cogently – for why any capacity that gets built will be used
The South African government must be careful not to crowd out the private sector as it moves to increase the penetration of broadband services in the country. This is the warning from Dimension Data Africa and Convergence Partners chairman Andile Ngcaba, who was
A consortium of South African investors led by Convergence Partners, and comprising Altirah Telecoms and the Convergence Partners Foundation, has disposed of its 25,1% interest in the New Dawn satellite joint venture to Intelsat. The decision to