Browsing: Convergence Partners

The FTTH Council Africa, an industry body for the fibre telecommunications industry, said on Wednesday that it has appointed a new chairman. Industry stalwart Andile Ngcaba will replace Richard Came as president of the body. Ngcaba was

Seacom, the company that built the first subsea telecommunications cable along Africa’s east coast, has said it plans to make acquisitions that will give it direct access to metropolitan fibre infrastructure

Communications regulator Icasa was wrong to push ahead with a planned spectrum auction in the absence of government policy on the issue and should withdraw an invitation to operators to apply for access until that policy

Nedbank Corporate and Investment Banking is buying a 25% stake in Comsol, joining shareholder Convergence Partners, as the company gets ready to spend hundreds of millions of rand building a fibre and wireless broadband network

MMI Holdings, the JSE-listed parent of Momentum and Metropolitan, has committed hundreds of millions of rand to investing in and nurturing the next-wave of health and financial technology

Convergence Partners, the investment firm controlled by well-known ICT industry businessman Andile Ngcaba, has announced it is investing US$1m (about R15,6m) in South African technology start-up Snapt to help it in its plans to expand

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