Convergence Partners is an investment management and advisory firm, focused on the telecommunications, media and technology sector in emerging markets, with a principal focus on Africa.

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Convergence Partners Group steals the show: AfricaCom 2010

November 24th, 2010 | admin
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AfricaCom, the Continent’s premier communications event, took place in Cape Town on 10 and 11 November. Chairman Andile Ngcaba was a featured speaker on day 1, highlighting the opportunities & challenges facing ICT investors in Africa, and the Convergence Partners Group was proud to unveil its new stand (see pictures attached) – the first time we have exhibited at the event. The rationale behind this was to showcase the many young and exciting companies in the Group and give them access to the burgeoning African communications market, as represented by over 5000 attendees over the two days.
The Convergence Partners stand was a hive of activity for the duration of the event (especially when our gorgeous ladies served up some great cocktails at the end of day 1). Companies in the Convergence Partners stand that were formally exhibiting at AfricaCom included Seacom, Convergence Wireless Networks (comprising WiA and Intra), Intelsat New Dawn Satellite Project, Plessey, Comsol, Integrat, Skillpod Media, Bloodhound, Inala, Convergence Border Management Solutions, as well as the Convergence Partners Foundation.
AfircaCom also coincided with the media launch of Convergence Partners’ latest project, FibreCo (see below blog).

FibreCo to develop state-of-the-art, open access long distance fibre optic transmission in SA

November 16th, 2010 | admin
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FibreCo Telecommunications (“FibreCo”), a partnership between Cell C, Internet Solutions and Convergence Partners, announced today that it will be developing an open-access long-haul terrestrial fibre optic broadband network as an answer to the need for national transmission infrastructure to meet the nation’s aspirations for world-class broadband connectivity.
FibreCo brings the ability to fund, deploy and manage a cost-effective high speed long-haul fibre network which will support the explosive growth in bandwidth requirements of the country anticipated over the coming years.

New Dawn Satellite on track for launch

April 19th, 2010 | admin
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New Dawn, the first of its kind joint venture between Convergence Partners and Intelsat, is on track to launch its $250m geostationary communications satellite, which is targeted at the African market, by the end of the year, Flavien Bachabi, vice-president for Intelsat Africa said yesterday, 13 April 2010.

African Communications Market : Onward and upward (Research Report Vol 2 No.1 2009)

December 1st, 2009 | admin
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This is an update to the Convergence Partners report entitled “African Telecommunications Market: Last Frontier For Growth” (Vol.1 No.1 of 2007) (“Report 1″).

Convergence Wireless Networks Invests in Tanzanian ISP

November 24th, 2009 | admin
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35% stake in WIA Company Limited provides exposure to fast growing Tanzanian enterprise market; expands African footprint

Convergence Wireless Networks invests alongside Internet Solutions in Mozambican ISP

November 24th, 2009 | admin
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Convergence Wireless Networks and Internet Solutions announced today that they have collectively acquired a 68.5% equity stake in leading Mozambique based INTRA Lda.

Fibre Optics take home Physics Nobel Prize

November 24th, 2009 | admin
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Seacom, the first undersea cable providing fibre connectivity to the East Africa, is enabling affordable access to the internet to millions of people.

Intelsat, Convergence Partners form New Dawn joint venture to grow Africa’s telecommunications infrastructure

December 9th, 2008 | admin
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African Satellite Program will Launch Intelsat New Dawn by Late 2010

Convergence Wireless Networks brings wireless broadband connections to Africa

August 19th, 2008 | admin
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Communication Solutions (Comsol) in partnership with one of its shareholders Convergence Partners is seeking to build a portfolio of wireless broadband data operations across multiple countries in Africa. A new investment company called Convergence Wireless Networks (CWN) has been formed for this purpose.

Investment in SEACOM

November 14th, 2007 | admin
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SEACOM Closes Financing, Starts Full Construction of Undersea Fiber Optic Cable