Fundraising Fox

Convergence Partners

Impact investor

Johannesburg · Seed–Late Stage · 26 people tracked

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Investment thesis

Convergence Partners focuses on ICT investment opportunities across Africa, targeting large-scale expansion from network infrastructure ('first node') through to end-user connectivity ('last mile'). The firm positions itself as a specialist that seeks not only strong financial returns but also social impact, framing technology and connectivity as drivers of economic growth on the continent.

Source: firm website, verified Aug 17, 2026.

Stage
Seed–Late Stage
HQ
Johannesburg, ZA
Instruments
Equity
Founded
2006
Tracked investments
29

Team · 26 people

from the firm's website
Aldo Fourie· IT Manager
Sibongile Makuvhele· Office Cleaner

What they invest in

from 20 of 29 portfolio companies

Enterprise Software ×11Cloud Computing ×9SaaS ×8AI & Machine Learning ×6Data & Infrastructure ×5Cybersecurity ×4Fintech ×3Hardware ×3

HQs:South Africa×13United States×2United Arab Emirates×1Japan×1Nigeria×1

Investments · 29 tracked

founders shown can be your intro path
Datacentrixdatacentrix.co.zain✓ verifiedAcquired

Datacentrix provides integrated technology and digital business solutions including cloud services, managed IT services, consulting, and connectivity across Africa.

Cloud ComputingCybersecurityData & InfrastructureEnterprise SoftwareMidrand, ZA

Gamezboostgamezboost.comin𝕏✓ verified

GameZBoost provides a white-label casual gaming platform that enables brands, telcos, loyalty programs, and media publishers to launch fully branded gaming portals with skill-based games, tournaments, and real-world rewards.

ConsumerGamingSaaSCenturion, ZA

Mark van Diggelen(Founder & CEO)

Inalainalabroadcast.co.za✓ verified

Argosy is a distributor of broadcast and communications equipment and components for studios and system integrators, specializing in cables, connectors, racks, and infrastructure products.

Cloud ComputingData & InfrastructureHardwareMedia & EntertainmentNot specified, ZA

42Markets42markets.group

42Markets Group is a specialist fintech group that incubates and invests in financial and capital markets technology businesses.

4Dicapital4dicapital.com

4Di Capital is a venture capital firm investing in early-stage technology companies across Africa, providing both capital and mentorship to founders in the region.

AI & Machine LearningDeveloper ToolsEnterprise SoftwareCape Town, ZA

Justin Stanford(Founding Partner)Erik van Vlaanderen(General Partner)

Bloodhoundbloodhoundsa.cominFeb 2012

Bloodhound provides a cloud-based management platform for security operations, offering real-time location tracking, workforce deployment monitoring, and compliance management for security guard services and security providers.

Enterprise SoftwareSaaSSan Francisco, US

E. Anthony Krumeich IV(Executive Officer, Director)Richard Fulton(Executive Officer, Director)

BoardPatrick Dugan(Director)

Comsolcomsol.co.za

Comsol is a South African wireless network operator that builds and operates connectivity infrastructure including Fixed Wireless Access, Private Networks, and 5G broadband, serving businesses and homes through ISP and service provider partners.

Cloud ComputingEnterprise SoftwareIoTJohannesburg, ZA

Csquaredcsquared.comin𝕏

CSquared deploys wholesale open-access broadband infrastructure across African countries, enabling mobile network operators and internet service providers to deliver faster and more reliable connectivity services to end users.

Cloud ComputingUganda, ZA

Ctrackctrack.comin𝕏

Ctrack provides a fleet management and asset tracking platform powered by telematics and AI that helps businesses across various industries optimize fleet operations, monitor driver behavior, and predict maintenance and operational needs.

AI & Machine LearningIoTLogistics & Supply Chain

Co-investorsSanari Capital

Dimension Datadimensiondata.com𝕏acquired by NTT

NTT DATA is a global IT services and consulting company offering enterprise-wide solutions spanning cloud, AI, cybersecurity, data analytics, connectivity, digital workplace and sustainability services across over 190 countries.

AI & Machine LearningCloud ComputingEnterprise Software

Kazuhiko Nakayama(Representative Director, President and CEO, NTT DATA Group Corporation)Abhijit Dubey(Chief Executive Officer, NTT DATA, Inc.)

e4 Strategice4.co.zaAcquired

South African technology company providing digitalisation software and services to financial services, data and legal sector clients.

Entersektentersekt.comin𝕏

Entersekt provides digital banking and payment authentication solutions for financial institutions to detect and prevent fraud.

AI & Machine LearningCybersecurityEnterprise SoftwareFintechSaaS

Clare Conway(Chief Executive Officer)

Co-investorsAccel-KKRHAVAICEndeavor Catalyst

ESET Southern Africaeset.comin𝕏

ESET is a cybersecurity company focused on protecting users' technology, with initiatives spanning cybersecurity education, research, and environmental sustainability.

CybersecurityEnterprise SoftwareSaaS

Richard Marko(CEO)

Fibrecofibreco.co.zain𝕏acquired by SEACOM

South African open-access wholesale carrier that built a long-haul terrestrial fibre optic backbone network across the country.

Cloud ComputingCybersecurityData & InfrastructureSouth Africa, ZA

Inqinq.incin𝕏

inq provides a unified control platform where customers can manage multiple services through a single portal, offering orchestration, billing, provisioning, and support capabilities.

Cloud ComputingEnterprise SoftwareIoTSaaSBlantyre, ZA

Naresh Kumar(Head of Innovation and R&D)inDavid Herselman(Leadership Team Member)inSuhavna(Chartered Accountant, Leadership Team Member)inKhethi(Human Capital Leadership)inGrant Zietsman(Leadership Team Member)inCraig McDonald(Chief Financial Officer)in

Inqubainquba.comin𝕏

inQuba offers AI-driven journey management software that helps businesses visualize customer journeys, measure customer sentiment, and design interventions to improve conversion and retention.

AI & Machine LearningMarketing TechSaaS

Co-investorsKnife Capital

Intargetintarget.mobi
Leading international digital security companygemalto.com
LifeQlifeq.comin𝕏

LifeQ develops a health technology platform focused on longevity, biological age optimization, and performance metrics for individual health monitoring and management.

Digital HealthHardwareHealthtechLongevityWellness & Fitness

Franco du Preez(Founder)in

Co-investors4Di CapitalHalls InvestmentsInvenfin

Optasiaoptasia.comin𝕏

Optasia operates a B2B2X financial infrastructure platform that enables credit at scale across emerging markets.

AI & Machine LearningData & InfrastructureFintechSaaSAbu Dhabi, AE

Salvador Anglada(Chief Executive Officer)in

Co-investorsEthosDevelopment Partners International

Paradigmparadigm-infra.com

Paradigm Infrastructure develops and operates shared wireless telecom infrastructure in selected emerging and growth markets.

Paradigm Infrastructure

Enables telecommunications in growth markets by developing shared wireless infrastructure.

Rack Centerrack-centre.com

Rack Centre operates a carrier- and cloud-neutral data centre in West Africa, offering colocation infrastructure for mission-critical workloads.

Cloud ComputingData & InfrastructureEnterprise SoftwareNot specified on page, NG

Seacomseacom.mu

Mauritius-registered operator of Africa's original privately-owned subsea cable, selling bandwidth, cloud and network services.

Snaptsnapt.net

South African provider of a unified application delivery platform for load balancing, WAF and API security.

Venture Garden Groupventuregardengroup.comin𝕏

Venture Garden Group deploys capital, technology, and talent to support transformative growth in emerging economies, partnering with governments, businesses, founders and investors.

Enterprise SoftwareFintechImpact & Social GoodAustin, US

Vodacomvodacom.comin𝕏

Vodacom is an African telecommunications and financial services company serving 230 million customers across consumer and enterprise segments.

Cloud ComputingConsumerEnterprise SoftwareJohannesburg, ZA

Vuma Camvumacam.co.zain

Vumacam provides CCTV infrastructure and a cloud platform for managing video surveillance networks and alerts in real time.

GovTechHardwareSaaSJohannesburg, ZA

Yellowyellow.africa

South African asset financier providing pay-as-you-go solar home systems and smartphones to rural off-grid households.

Exits · 2

IPOs and acquisitions across the tracked portfolio

Dimension Dataacq. by NTTFibrecoacq. by SEACOM

Portfolio news

latest coverage across their companies

Frequently asked questions

How many investments has Convergence Partners made?
Convergence Partners has 29 tracked investments, 2 of which have exited via acquisition or IPO.
What stage does Convergence Partners invest at?
Convergence Partners invests at the Seed, Series A, Growth, Late Stage stages.
What sectors does Convergence Partners focus on?
Convergence Partners focuses on AdTech, Cleantech, Cloud Computing, Cybersecurity, Data & Infrastructure, Digital Health, Enterprise Software, Fintech, Gaming, Impact & Social Good, IoT, SaaS, Space Tech.
Where is Convergence Partners located?
Convergence Partners is headquartered in Johannesburg, ZA.
Who does Convergence Partners co-invest with?
Convergence Partners most often shares deals with 4Di Capital, Halls Investments, HAVAIC, among 8 tracked co-investors.

Media · Podcasts & interviews

featuring the team

Andile Ngcaba, is chairman, founder of investment group Convergence Partners.

Supersourcing · Andile Ngcaba

Episode 26 | Andile Ngcaba Chairman and Founding Partner of Convergence Partners

Maglazana Tech Media · Andile Ngcaba

Brandon Doyle on Convergence Partners’ big new infrastructure fund

TechCentral · Brandon Doyle

TCS | Brandon Doyle on Convergence Partners' big new infrastructure fund

TechCentral · Brandon Doyle

WTDC, Kigali 2022 INTERVIEW: Andile Ngcaba, Founding Partner & Chair, Convergence Partners

ITU · Andile Ngcaba

Brandon Doyle interviewed on CNBC Africa, Closing Bell West Africa

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