TCS | Andile Ngcaba on his go-global investment plans

--:--
It’s been just over 20 years since Andile Ngcaba quit his government job – he was director-general of communications – and became an investor in the technology sector.
Now, in an interview with Duncan McLeod on the TechCentral Show (TCS), Ngcaba looks back at the past two decades, the formation of Convergence Partners, the investments the business has made and why, and its focus areas.
Ngcaba, who splits his time between Africa and Silicon Valley – where he has a home – unpacks the recent announcement that Convergence Partners Investments is rebranding as Solcon Capital and has appointed a new CEO, Pramod Venkatesh, and why its focus has been broadened beyond Africa to both developing and developed markets.
“Under this new brand, Solcon will focus on international deep tech investments in generative AI and large language models, synthetic data and big data, cybersecurity, and quantum computing across South Africa, India and Southeast Asia, leveraging scale through platform economics,” Solcon said in a statement last week.
Also in this TCS interview, Ngcaba talks about:
• What he has learnt from his time in Silicon Valley, and why it’s not easy to replicate the Valley model in other parts of the model. “It’s more a state of mind,” Ngcaba tells TechCentral.
• What he set out to achieve when he started Convergence Partners.
• The highlights of the investments the company has made over the years.
• What excites him the technology space today, and why.
The original Convergence Partners pitch presentation to investor Nedbank, which Ngcaba talks about in the opening minutes of the interview, is available to download on TechCentral's website.
Don’t miss a wide-ranging and fascinating discussion!
23 Jun 2023 English South Africa Technology · Business

Other recent episodes

TCS+ | Introducing Digicloud, Google Cloud’s partner in Africa

Digicloud Africa has a big role to play in the African ICT ecosystem as Google Cloud’s enablement partner on the continent. Two of Digicloud’s top executives recently sat down for an interview with TechCentral’s TCS+ to unpack the business, its relationship with Google, and how it serves its reseller partners…
5 Nov 15 min

TCS+ | Arctic Wolf – weighing up in-house vs outsourced SOCs

In this episode of TCS+, TechCentral speaks with Jason Oehley and Andre den Hond, regional sales manager and senior sales engineer, respectively, at Arctic Wolf, a company specialising in cybersecurity operations. They discuss the benefits of partnering with a cybersecurity provider versus building an in-house security operations centre (SOC). The…
5 Nov 28 min

TCS | The story of Telviva, with David Meintjes and Rob Lith

The world of telephony might not be particularly sexy, but it is an industry that has changed fundamentally in the past 20 years. And David Meintjes and Rob Lith of Telviva, a South African company specialising in cloud-based unified communications solutions for businesses, has been at the forefront of the…
1 Nov 41 min

TCS | Andrew Middleton on the state of rooftop solar in South Africa

South Africa’s rooftop solar installation industry has a bright future and is on track for its second-best year on record, despite the suspension of load shedding in March. That’s according to Andrew Middleton, co-founder and CEO of GoSolr, one of South Africa’s largest rooftop solar installation companies, who spoke to…
31 Oct 27 min

TCS | Sandile Dube on Equinix and South Africa’s data centre boom

Nasdaq-listed Equinix has completed construction of the first phase of a new data centre in Johannesburg, part of a R7.5-billion commitment to building cloud infrastructure in South Africa and the rest of the continent over the next five years. The company’s South African MD, Sandile Dube – a former country…
23 Oct 21 min