IFC follows DFC in backing Andile Ngcaba’s Convergence Partners’ new vehicle

IFC follows DFC in backing Andile Ngcaba’s Convergence Partners’ new vehicle

The South African fund is targeting a closing in the next quarter.

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            ▪ IFC follows DFC in backing Andile Ngcaba’s Convergence Partners’ new vehicle

▪ The South African fund is targeting a closing in the next quarter.

https://www.africabusinessplus.com/en/807223/ifc-follows-dfc-in-backing-andile-ngcabas-convergence-partners-new-vehicle/

The International Finance Corporation (IFC) will invest $25 million in the Convergence Partners Digital Infrastructure Fund, the third project launched by the South African impact investment management firm.

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