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Pan African private equity company Convergence Partners has announced that it has acquired all the operations of telecommunication giant Vodacom Business Africa through its digital service provider platform, inq. Holdings Limited (formerly Synergy Communications) based in Mauritius.

Vodacom Business Africa is an enterprise-focused ICT subsidiary of the Vodacom Group. With over US$300mn of capital under management, Convergence Partners brings its skills, experience and capital to develop new investment opportunities as well as actively adding value to investments across the lifecycle of ICT assets.

The 100% acquisition of Vodacom Business Africa’s operations will be effected in Nigeria, Zambia and Cote d’Ivoire with a further planned acquisition in Cameroon pending regulatory approvals.

This transaction grows inq.’s regional footprint as a leading enterprise solutions provider to 13 cities in 7 countries across Africa including its existing operations in Botswana, Malawi and Mozambique.

Under the inq. banner the company will embark on the next …

American tech giants Google and Facebook are not providing internet in Africa as philanthropy but as a means of tapping business, the continent is so rich in.

With digitization bringing new opportunities to Africa, the continent is becoming the next frontier for Internet-based e-commerce solutions.

Across the continent, new digital businesses are emerging rapidly and growing fast.

How Google and Facebook plan to connect Africans

In 2016, Facebook launched a restricted service allowing users to access a list of websites at no cost.

The Free Basics platform in over 20 African countries was done in partnership with local telecoms operators.

It was hugely unpopular due to the restrictions.

On the other hand, Google has launched a free public Wi-Fi service in Lagos, Nigeria which is the largest internet market in Africa.

It is also testing Project Loon, solar-powered high-altitude balloons in a plan to beam internet to users …