Focus
We are a leading investment management firm with a proven track record of investment in the ICT sector in sub-Saharan Africa. We typically invest in and/or develop our own identified projects in:
- Infrastructure: buy/build fibre networks, wholesale fixed and wireless infrastructure, datacentres and/or businesses that have infrastructure and/or licensed spectrum as part of their core asset base or service/deploy/rely/maintain communications infrastructure;
- Software & Saas offerings;
- Enabled platforms;
- Digital switches; and
- Fintech
Strategy
Convergence Partners has a longer term investment horizon than traditional private equity firms
Investments range from venture capital through project equity to mature stage private equity (buy-out and expansion capital)
Preference for platform investing, whereby follow-on investments are made in regional assets
We back or build solid management teams
We invest in complementary businesses and encourage collaboration between portfolio companies in order to generate synergies and mutually beneficial business opportunities
Mandate
- Strategic minority interests alongside other value adding shareholders, local partners and strong management teams
- Pan-African ICT investment focus
- Superior financial returns underpinned by social impact
- Active value adding investment partner
We were founded in 2006 and we’ve focused on the future ever since
Convergence Partners, founded in 2006, is a pan-African investment management firm focused on the technology, media and telecommunications sector and the infrastructure that underpins Africa's digital economy. With nearly two decades of active investing across the continent, Convergence Partners has built a proven track record of identifying new investment opportunities and adding meaningful value to portfolio companies across the full lifecycle of ICT assets.
As impact investors, we bring skills, experience and capital to accelerate communications access and digital infrastructure development across Africa, focusing on initiatives that expand the availability of broadband services, communications networks and emerging technology to African people and businesses.
Recognising that digital and energy infrastructure increasingly overlap and require simultaneous development, Convergence Partners has expanded its mandate through Convergence Partners Energy Finance (CPEF), a Mauritius-based permanent capital vehicle providing mezzanine and structured capital to growth-stage businesses across the African energy technology ecosystem. CPEF's capital is engineered to bridge bankable companies to scale — without forcing premature dilution or transferring control — sitting in the risk stack alongside partners, not above them. CPEF brings not only financial capital but knowledge capital: deep African energy and operational expertise that helps platforms unlock value others cannot reach.
