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
Browsing: Andile Ngcaba
Convergence Partners, the investment management firm established in 2006 by businessman Andile Ngcaba, has announced the successful final close of its Convergence Partners Communications
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 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
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