Wednesday, November 27, 2013

Convergence Partners launches $145 million African Infrastructure Fund

Andile Ngcaba - Founder and Chairman Convergence Partners

Convergence Partners a South African-based investment group, founded and headed by serial entrepreneur Andile Ngcaba, has launched a US$145 million fund that will invest solely in information and communications technology (ICT) infrastructure across sub-Saharan Africa, it said on Wednesday.

According to Ngcaba, the fund would be invested in areas such as the installation of fiber-optic cable, high-speed wireless networks,

More details here...

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