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 English South Africa Technology · Business

Other recent episodes

TCS+ | OneTrust’s Joseph Byrne: privacy risk management done right

Joseph Byrne, principal solutions engineer at OneTrust, knows a lot about the topic of risk management. He joins Duncan McLeod on TechCentral’s business technology podcast, TCS+, to unpack the topic in greater detail and to discuss what it means for South African organisations. Byrne kicks off the discussion with an…
29 Nov 30 min

TCS+ | Ricoh – safe and secure role in today’s digital ecosystems

In this episode of TechCentral’s TCS+, Jaydev Chiba engages in a comprehensive discussion with Marcell Otto, digital services product manager for Ricoh South Africa, shedding light on Ricoh’s pivotal role in today’s digital ecosystems, particularly in the realm of governance, risk and compliance (GRC). The conversation delves into the dynamic…
27 Nov 24 min

TCS+ | NEC XON on going toe to toe with cybercriminals

Companies may be surprised to learn that the profile of the typical cybercriminal in 2023 does not match the stereotype of tech-savvy youngsters in hoodies. Rather, modern cybercriminals are often employed by criminal syndicates and even keep office hours, according to Armand Kruger, head of cybersecurity at NEC XON, who…
22 Nov 45 min

TCS | OneCart CEO Aidan Johnson on SA’s on-demand shopping boom

Aidan Johnson, appointed by Massmart to lead on-demand delivery platform OneCart, believes South Africa is on the cusp of huge growth in online shopping – and that everything is to play for. Johnson, who joins Duncan McLeod on this episode of the TechCentral Show (TCS), talks about the OneCart business,…
16 Nov 39 min

TCS | How ShotSpotter is fighting gun crime in Cape Town

ShotSpotter, a technology that “listens” for gunshots to help law enforcement authorities pinpoint potential criminal activity, has been deployed in high-crime parts of Cape Town for some years. In this episode of the TechCentral Show (TCS), Duncan McLeod chat to Tom Chittum, senior vice president for forensic services at SoundThinking,…
13 Nov 28 min