Convergence Partners – an investment management firm focused on the telecommunications, media and technology sector in Africa – today announced the launch of the Convergence Partners Communications Infrastructure Fund (CPCIF), the only infrastructure fund that is dedicated solely to the information and communications technology (ICT) sector in Africa. With a first close of $145 million, it is one of the largest African based infrastructure funds, notwithstanding its single sector focus.
Ministry of Communications and Chairperson of ICASA congratulates Andile Ngcaba on appointment to global Internet panelNovember 21st, 2013 | admin
The Ministry of Communications and The Chairperson of the Independent Communications Authority of South Africa (ICASA), Dr. Stephen Mncube, congratulated Dr. Andile Ngcaba, on his appointment into the Panel on the Future of Global Internet Cooperation. Dr Ngcaba is the founder of Convergence Partners, as well as Executive Chairman of Dimension Data Middle East and Africa (DDMEA). “Andile Ngcaba’s appointment into the Panel ensures that South Africa and the continent have direct access to important discussions on future of the Internet.
Andile Ngcaba, founder of Convergence Partners, and Executive Chairman of Dimension Data Middle East and Africa, has been appointed to a global panel to address Internet governance. The panel will meet for the first time in December in London, and its report, which will include principles for global Internet cooperation, proposed framework for such cooperation, stakeholder relations and a roadmap for future Internet governance is expected to be released in early 2014.
Convergence Partners’ Founder and Chairman, Andile Ngcaba, presented at the 2013 International Electronics Forum held in Dublin from 2-4 October. In his presentation he spoke to the twin challenges of power availability in Africa and its impact on mobile communications. He said “a key obstacle to making electricity widely available to rural users in Africa is the high cost of photovoltaic systems for solar generation” when he was presenting at the International Electronics Forum in Dublin, Ireland.
Britehouse, a Convergence Partners’ investee company, donated four e-learning trolleys to the Kwena Molapo Secondary School, located in Lanseria, Johannesburg. This donation forms part of the Dimension Data national e-learning initiative that continues to grow and give pupils access to premium technology applications in support of the school curriculum. Since the first pilot programme was introduced into two schools in Gauteng in 2006, e-learning has delivered incredible results.
Marius Mostert, CTO of Fibreco Telecommunications, a Convergence Partners’’ investee, said that the industry needed to re-examine a more effective collaboration structure to meet the current realities facing it. In particular, the Satnac conference has debated and discussed many of the ideas that are now a reality. Broadband and digital inclusion emerged again during the 2013 Satnac, held in Stellenbosch this week.
SEACOM, a Convergence Partners’ portfolio company, launched a new Remote Peering service, a product which bundles SEACOM connectivity with exchange point membership to provide operators and ISPs in Africa with a single point of contact for the management of their international peering requirements.
FibreCo Telecommunications, a joint venture between Cell C, Internet Solutions and businessman Andile Ngcaba’s Convergence Partners, is turning its attention to its next big project after completing construction of a fibre-optic link between Johannesburg and East London.
Andile Ngcaba interviewed about innovation at Department of Science and Technology (DST) Science, Technology and Innovation summitJuly 25th, 2013 | admin
Andile Ngcaba, Chairman of Convergence Partners, spoke at the Department of Science and Technology’s (DST) Science, Technology and Innovation Summit this past weekend. Andile formed part of a panel tasked with addressing ‘Research and Development investment in South Africa: The challenges and opportunities’.
“Take action, inspire change.” To commemorate Nelson Mandela Day 2013, the Convergence Partners team spent a morning at Freedom Park Primary School outside of Soweto, rolling-up its sleeves to paint two classrooms as well as donating a notebook, printer and projector. Freedom Park is a school that has successfully created a safe and enjoyable place of learning for children from the very underprivileged surrounding areas.