Andile Ngcaba’s Convergence Partners secures R5bn funding
Convergence says the fund is focused on investing in digital infrastructure opportunities across Sub-Saharan Africa
30 January 2023 - 15:49
Andile Ngcaba’s Convergence Partners has closed a funding round for its Digital Infrastructure Fund, securing more than R5bn.
Convergence Partners, a private equity firm specialising in digital infrastructure investments, said it had raised $296m (R5.124bn). This surpassed the initial target by over 18%, the company said...
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