Convergence Partners, the private equity investment firm controlled by businessman and entrepreneur Andile Ngcaba, has announced the first close of its third fund after raising $120-million.
Browsing: CTrack
Convergence Partners, the investment vehicle created by businessman Andile Ngcaba, has acquired Ctrack’s operations in Africa and the Middle East from Nasdaq-listed Inseego.
MTN Business is launching a pan-African “Internet of things” (IoT) platform to provide advanced management features for connected devices and Sim cards and allow for networked devices to exchange information and perform actions. The platform