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2021

IFC invests in Convergence Partners’ Fund to boost digital access in Africa

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To help strengthen broadband infrastructure and improve online access to digital services for individuals and businesses in more than 12 countries in sub-Saharan Africa, global development institution International Finance Corporation (IFC) has invested in a new fund by Convergence Partners Africa, an investment management firm focused on the technology, media and telecoms sectors in Africa. The Covid-19 pandemic has accelerated the adoption of digital technologies and the demand for digital infrastructure, which are helping to connect businesses with customers and suppliers, creating new channels to access health and education services, and enabling entrepreneurs.



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