Convergence Partners backs Yellow’s latest Series B funding round

Convergence Partners has announced the closure of its investment in Yellow, a provider of pay-as-you-go finance for off-grid solar home systems and connectivity solutions for low-income consumers in parts of East Africa. This is the fourth investment in Convergence...

Jorge Mendes is new Cell C CEO

Cell C has announced the appointment of Jorge Mendes as the company’s new CEO, effective 1 July 2023. “We are thrilled to welcome Jorge Mendes to the Cell C team,” says Joe Mthimunye, Cell C board chairman. “Jorge has a deep understanding of...

Frogfoot expands senior leadership

Frogfoot Networks, a licensed open-access fibre infrastructure provider, has filled several key senior executive roles that were introduced to reflect the level of maturity of the business and to position it for the next phase of growth. According to Shane Chorley,...

New appointments to Cell C board

Cell C has announced the appointment of Maya Makanjee and Godfrey Motsa to its board of directors. Their inclusion in the board demonstrates Cell C’s strategic focus on accelerating growth and fuelling investor confidence. Makanjee has a Master’s degree in...

Accenture to invest $3bn in AI

Accenture has announced a $3-billion investment over three years in its Data & AI practice to help clients across all industries rapidly and responsibly advance and use AI to achieve greater growth, efficiency and resilience. “There is unprecedented interest...

New facility plays strategic role in Vertiv’s African investment

Vertiv, a global provider of critical digital infrastructure and continuity solutions, has officially opened its African head office and Customer Experience Centre in Johannesburg. According to Wojtek Piorko, the recently-appointed MD of Vertiv Africa, the formal...