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Emma Okonji Convergence Partners, a private equity investor focused on the technology sector across sub-Saharan Africa, has announced the successful first close of its third fund, the Convergence Partners Digital Infrastructure Fund (CPDIF) at $120 million. The fund is targeting a final size of $250 million. Now with more than $400 million of capital under management, Convergence Partners remains the largest private equity investor dedicated to digital infrastructure in Africa. Investors in CPDIF are global institutions that continue to support African growth, including the CDC Group (the UK’s development finance institution), the United States International Development Finance Corporation (DFC), the European Investment Bank (EIB), the International Finance Corporation (IFC) and Proparco (the private sector arm of the Agence Française de Développement – AFD Group).

United statesUnited kingdomEmma okonjiAgence franBrandon doyleAndile ngcabaConvergence partners digital infrastructure fundInternational finance corporationEuropean investment bankUnited states international development finance corporationGroup the united kingdomSaharan africaConvergence partnersArtificial intelligenceஒன்றுபட்டது மாநிலங்களில்ஒன்றுபட்டது கிஂக்டம்