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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Internet Solutions expands presence in East Africa

October 20th, 2011 | admin
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Dimension Data division Internet Solutions (IS) has increased its stake in its Kenyan subsidiary from 51% to 80% as it seeks to further expand its presence in the fast growing East African region. IS initially acquired a 51% stake in Kenyan service provider iConnect in 2005, which was then rebranded Internet Solutions Kenya.
The Kenyan business also serves Tanzania and Uganda. IS has plans to expand into Rwanda, Burundi and South Sudan in the near future and has secured an option to acquire the remaining 20% stake in its Kenyan operation.

SEACOM profiled in TechCrunch

June 13th, 2011 | admin
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Seventeen years ago Wired published Neal Stephenson’s magisterial epic “Mother Earth Mother Board”, about the web of undersea fibre-optic cables being built to connect all of humanity. Well – almost all. Africa, again, was left behind. Until 2009, all of East Africa could only connect to the Internet over slow and hugely expensive satellite links.
Finally, two years ago, SEACOM, a Convergence Partners investee company, laid a cable along the East African coast to Mumbai; then tributaries were run thousands of kilometers inland, as far as Uganda and even Rwanda; and later this year, a direct connection to Europe will be lit up. A recent article in TechCruch explores some of the inner workings and history of the SEACOM undersea cable.

Comsol comments on current trends in wireless network applications and ownership models

November 16th, 2010 | admin
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Convergence Partners’ investee company, wireless telecommunications company Communications Solutions (Comsol), made some observations on current trends in wireless network applications and ownership models in a recent article in Engineering News.
Comsol reports that wireless 
telecoms networks and their maintenance are a growing focus among private clients, as the costs of owning and maintaining a private network soar.

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.