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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Dimension Data recognised with two 2012 Microsoft Global Partner Awards

July 13th, 2012 | admin
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Dimension Data announced it has won two 2012 Microsoft Global Partner awards, including Microsoft Messaging Partner of the Year, and Microsoft Learning Competency Marketing Excellence Partner of the Year. The company was honoured among a global field of top Microsoft partners for demonstrating excellence in innovation and implementation of customer solutions based on Microsoft technology.

IFC Invests in Convergence Partners Fund to Improve Africa’s Communications Infrastructure

June 13th, 2012 | admin
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IFC, a member of the World Bank Group, today announced an equity investment of $35 million in the Convergence Partners Communications Infrastructure Fund to support more rapid development of information and communications technologies across Africa. The fund is expected to play an important development role in Africa, where ICT infrastructure bottlenecks impede the growth of business and companies lack access to finance, especially risk capital and related expertise from investors that can help businesses succeed.

Dimension Data and Internet Solutions expands cloud services

March 29th, 2012 | admin
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Dimension Data and Internet Solutions have introduced a comprehensive portfolio of cloud computing services across the South African region, offering companies a flexible and cost-efficient new way of procuring computing resources. The companies also announced the launch of its Managed Cloud Platform™ (MCP), a pre-integrated and fully-managed foundation for global cloud delivery, in Johannesburg.

Dimension Data positioned in Leaders Quadrant

January 30th, 2012 | admin
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Convergence Partners investee company, Dimension Data has been positioned by Gartner, Inc., in the Leaders Quadrant of the Magic Quadrant for Communications Outsourcing and Professional Services (COPS) report.

Dimension Data wins 2011 Frost & Sullivan Excellence Award

November 3rd, 2011 | admin
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Dimension Data, a Convergence Partners investee, received the 2011 South African Excellence in Mergers and Acquisitions (M&A) Strategy Award from Frost & Sullivan.
Dimension Data, according to a recent Frost & Sullivan analysis conducted on the IT services market, have met a number of measurement performance criteria, pertinent to achieving a certain level of excellence, when compared to that of key competitors within the IT industry.

FibreCo awards fibre optic network construction contract to technology Giant ZTE

September 23rd, 2011 | admin
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FibreCo Telecommunications (“FibreCo”), a joint venture between Cell C, Convergence Partners and Internet Solutions, announced the awarding of a contract for construction of its nation-wide open-access fibre optic network. FibreCo’s objective is to facilitate affordable and reliable high-speed Internet access for South African citizens and businesses.

Old Mutual and Dimension Data sign major outsourcing deal

July 12th, 2011 | admin
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Convergence Partners’ investee company, Dimension Data, supported by its partner Telkom has signed a comprehensive Information Technology (IT) outsourcing contract with the Old Mutual Group, to enable its business strategy and improve competitiveness.

Andile Ngcaba receives Fibre Optic Association Award

June 9th, 2011 | admin
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The rise of YouTube, social media and other IP-based multi-media content delivery platforms globally and in Africa continues to drive the demand for broadband infrastructure. In order to meet the needs of multimedia content in the form of 3D and HD video, video conferencing, music and the social media explosion sweeping the African continent there has been a surge in the roll out of fibre optic networks.
This is according to Andile Ngcaba, founder and chairman of Convergence Partners, who spoke at a seminar arranged by Datanet Infrastructure Group in conjunction with the international Fibre Optic Association (FOA) and Triple Play Fibre Optic Solutions which provides FOA-approved fibre optic training.

All systems go for satellite launch

March 30th, 2011 | admin
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The countdown has begun for the launch of the New Dawn satellite tonight. Intelsat has confirmed that everything is so far on schedule for the satellite’s launch aboard an Ariane 5 rocket from the Arianespace Launch Complex in Kourou, French Guiana, at about 23:45 South African time.

The Intelsat New Dawn satellite is owned by a joint venture between Intelsat and a consortium led by Convergence Partners.

Communications Minister and leaders of ICT industry meet on growth and jobs

March 1st, 2011 | admin
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On Friday 25 February 2011, Communications Minister Roy Padayachie met with the leaders of 30 of SA’s top ICT players to discuss cooperation between government and private sector in order to create jobs and enhance growth. Chairman of Convergence Partners and Dimension Data, Andile Ngcaba, attended the roundtable discussions, which were aimed at developing a 2020 vision for the South African ICT sector. Andile noted that applications and software are central to the ICT ecosystem and that opportunities exist for innovation and development in these fields. The potential for job creation opportunities would also arise from the production of new set top boxes, required for migration to digital television signal distribution in South Africa.