By Business Report
Convergence Partners Investments Ltd., a South African private-equity company focused on technology, plans to invest part of its $250 million fund for telecommunications infrastructure in Nigeria and West Africa.
“The rapid deployment of infrastructure is required and the operator community is not going to be able to absorb that growth themselves,” chief executive Brandon Doyle said in a November 28 phone interview from Johannesburg.
“Our preference is to build infrastructure that will serve operators on a wholesale basis, rather than compete with them.”
