Tech: Andile Ngcaba’s Convergence Partners on track for final closing of CPDIF
The South African entrepreneur has attracted a German backer for an additional $20 million.
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▪ Tech: Andile Ngcaba’s Convergence Partners on track for final closing of CPDIF
▪ The South African entrepreneur has attracted a German backer for an additional $20 million.
▪ https://www.africabusinessplus.com/en/810836/tech-andile-ngcabas-convergence-partners-on-track-for-final-closing-of-cpdif/
Last July, the first closing of Convergence Partners Digital Infrastructure Fund (CPDIF) saw several development institutions adding to the portfolio. This second round follows a similar path. Africa Business+ has learned of participation of up to $20 million by the German DEG, only a few weeks after the signing of the Dutch FMO, also revealed in our pages.
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