Convergence Partners is an investment management firm focused on the telecommunications, media and technology sector in Africa.

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Internet Solutions expands presence in East Africa

October 20th, 2011 | admin
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Dimension Data division Internet Solutions (IS) has increased its stake in its Kenyan subsidiary from 51% to 80% as it seeks to further expand its presence in the fast growing East African region. IS initially acquired a 51% stake in Kenyan service provider iConnect in 2005, which was then rebranded Internet Solutions Kenya.
The Kenyan business also serves Tanzania and Uganda. IS has plans to expand into Rwanda, Burundi and South Sudan in the near future and has secured an option to acquire the remaining 20% stake in its Kenyan operation.