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