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    Convergence ICT Fund is a USD 300m private equity Fund project managed by Convergence Partners Management, a South Africa-based firm. The Fund has a specific focus on developing a portfolio of minority equity interests in information and communications technology (“ICT”) infrastructures and ancillary service businesses the entire sub-Saharan African region. This Fund will make investments into new opportunities (greenfield), either developed in-house by the Fund manager or investigated at a very early stage, as well as into existing assets and businesses (brownfield).

    Fund size
    300m
    Geography
    Sub-Saharan Africa
    Sector(s)
    Digital
    Vintage year
    2013
    EIB commitment
    USD 25m
    Website
    http://www.convergencepartners.co.za/