Convergence Partners Chairman Andile Ngcaba seeks $250 million to close third fund
The South African businessman is targeting tech assets but has yet to close his latest investment vehicle.
Someone shares this article with you
▪ Convergence Partners Chairman Andile Ngcaba seeks $250 million to close third fund
▪ The South African businessman is targeting tech assets but has yet to close his latest investment vehicle.
▪ https://www.africabusinessplus.com/en/813687/convergence-partners-chairman-andile-ngcaba-seeks-250-million-to-close-third-fund/
Andile Ngcaba has not completed the final round of financing to raise the $250 million for Convergence Partners Digital Infrastructure Fund (CPDIF), Convergence Partners’ third vehicle.
This article is for subscribers only. To read more, subscribe with a special offer.
You are connected to your Jeune Afrique account but your Africa Business+ subscription does not allow you to consult the English version. To update your subscription, contact us by clicking here.
Recommended articles
Private Equity
24/11/2022 at 18h42, by Africa Business+, updated 25/11/2022
Climate : Satgana plots a 100% African fund
After a first closing of $30 million, the tech venture capitalist is working on deploying its Euro-African...
Private Equity
21/01/2022 at 19h20, by Africa Business+
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.
New technologies
18/11/2021 at 17h33, by Africa Business+
Andile Ngcaba’s Convergence Partners latest fund proves attractive
The $250 million vehicle is attracting renewed interest from European players, as evidenced by the recent...
New technologies
10/03/2021 at 12h02, by Africa Business+
IFC follows DFC in backing Andile Ngcaba’s Convergence Partners’ new vehicle
The South African fund is targeting a closing in the next quarter.
Any questions ? contact us
Please get in touch with the Africa Business+ team if you require any further information.
Email us : customer.care@africabusinessplus.com
Add AB+ to your home screen
1. Click on at the bottom of your screen.
2. Click on to add AB+ on the home screen.
3. Enter the name of the shortcut and confirm.