# Andile Ngcaba

> Andile Ngcaba is a private equity investor at Convergence Partners backing Finance and Internet. See 3 investments, check sizes, portfolio. Updated Aug 2026.

- Type: Angel Investor
- Fund: [Convergence Partners](https://shizune.co/investors/profile/convergence-partners)
- Location: Johannesburg, South Africa
- Total investments: 3
- Last investment: Nov 2023
- Lead investor: 67%
- Last updated: Aug 2026
- LinkedIn: https://www.linkedin.com/in/andile-ngcaba-89580b33/

Andile Ngcaba is a private equity investor at Convergence Partners in Johannesburg focused on Finance and Internet. Andile is the controlling shareholder and non-executive chair of Convergence Partners. He was previously the Director General of the Department of Communications (DoC) for 8 and a half years up until the end of 2003 when he announced his intention to leave Government for the private sector. During his time in Government, Andile oversaw tremendouschange in the South African technology and telecommunications landscape, both from the point of view of the diverse and advancing technologies on offer as well as advancements in the overarching regulatory framework.At the DoC, Andile was responsible for, inter alia, policy formulation, conceptual development and implementation in the ICT Sector. During this time, he assisted foreign governments with their own policy formulation and oversaw a number of significant developments in the ICT Sector in South Africa.Andile serves as the Executive Chairman of Dimension Data Middle East & Africa, a role in which he has overseen tremendous growth of the business into new markets as well as a number of new strategic initiatives.In addition to appointments to the boards in investee companies of Convergence Partners, Andile holds and has held a number of positions on global and local bodies.

## Investment focus

### Industry

| Industry | Investments | Share |
| --- | --- | --- |
| Finance | 1 | 33% |
| Internet | 1 | 33% |
| Security | 1 | 33% |
| Software | 1 | 33% |
| Venture Capital | 1 | 33% |

9 industries tracked in total.

### Stage

| Stage | Investments | Share |
| --- | --- | --- |
| Private Equity | 2 | 67% |
| Funding Round | 1 | 33% |

### Country

| Country | Investments | Share |
| --- | --- | --- |
| Kenya | 1 | 33% |
| United Kingdom | 1 | 33% |
| Slovakia (Slovak Republic) | 1 | 33% |

## Investments

| Company | Description | Amount | Stage | Date | Website |
| --- | --- | --- | --- | --- | --- |
| Csquared | CSquared builds metro fiber and Wi-Fi networks to help local providers connect more people to the Internet and each other. The company was formed from Project Link of Google in 2013. CSquared operates as an independent company located in Nairobi, Kenya. | $25M | Venture - Series Unknown | Nov 13, 2023 |  |
| 42Markets Group | 42Markets Group is a financial services company that nurtures and reinvests in companies with deep capital and financial markets competence. | $10M | Private Equity | Apr 24, 2023 |  |
| ESET | ESET is an information technology security company that develops security software solutions which deliver protection against computer security threats for home users and corporate customers worldwide.The company provides ESET Smart Security, an integrated anti-virus, anti-spyware, anti-spam, and personal firewall solution; ESET NOD32Antivirus, an integrated security solution that detects and disables viruses, Trojans, worms, adware, spyware, phishing, rootkits, and other internet threats; ESET Cybersecurity for MAC; and ESET Endpoint Security, a security solution for company endpoints combining a two-way firewall, web control, and remote administration tool.ESET also offers ESET Endpoint Antivirus, an anti-virus and anti-spyware protection utilizing cloud-powered scanning, device control, and remote management of clients; ESET Mobile Security for Android that provides Android smartphone and tablet users with safer mobile technology adventures; and ESET Rootkit Detector, a security tool for Mac OSX that scans for malicious kernel extensions attempting to change operating system behavior by hooking inside the operating system.ESET was founded in 1992 and is based in Bratislava, Slovakia with regional distribution centers in San Diego, California; Buenos Aires, Argentina; and Singapore. It has additional offices in Sao Paulo, Brazil; and Prague, Czech Republic as well as malware research centers in Bratislava and Košice, Slovakia; San Diego, California; Buenos Aires, Argentina; Singapore; Prague, Czech Republic; Krakow, Poland; Montreal, Canada; and Moscow, Russian Federation. |  | Private Equity |  |  |

3 of 3 investments shown.

## Co-investors
- [International Finance Corporation](https://shizune.co/investors/profile/international-finance-corporation) — VC Fund, 1 deal together

## About Convergence Partners

VC Fund · Johannesburg, South Africa

Convergence Partners, invests as value-adding partners into private equity and infrastructure opportunities in technology and digital sectors across sub-Saharan Africa.

5 contacts available at Convergence Partners.

| Name | Title | Profile |
| --- | --- | --- |
| Andile Ngcaba | Chairman and Founding Partner | https://shizune.co/investors/profile/andile-ngcaba |
| Brandon Doyle | CEO & Founding Partner | https://shizune.co/investors/profile/brandon-doyle-2 |
| Russ Irwin | Co-Founder | https://shizune.co/investors/profile/russ-irwin |
| Craig Beney | Chief Operating Officer | https://shizune.co/investors/profile/craig-beney |
| Envir Fraser | Head: Research, Regulatory & Policy | https://shizune.co/investors/profile/envir-fraser |

## Similar investors

### Similar stage
- [Foresight Group](https://shizune.co/investors/profile/foresight-group) — VC Fund
- [YFM Equity Partners](https://shizune.co/investors/profile/yfm-equity-partners) — VC Fund
- [Fondaction](https://shizune.co/investors/profile/fondaction) — VC Fund

## FAQ

### What does Andile Ngcaba invest in?

Andile Ngcaba invests primarily in Finance, Internet and Security startups, most often at Private Equity and Funding Round stage. Most of the 3 investments tracked by Shizune back companies in Kenya. The Investment Focus section breaks down every industry, stage and country in the portfolio.

### When did Andile Ngcaba last invest?

The most recent investment recorded for Andile Ngcaba closed in Nov 2023. Shizune tracks 3 investments in total for this profile, including round sizes, stages and portfolio companies, all sourced from confirmed public funding rounds and refreshed monthly.

### Is Shizune's investor data accurate?

Yes — every stat on this profile is calculated from confirmed public funding rounds monitored across hundreds of sources since 2020. This profile was last refreshed in Aug 2026 and is updated monthly. Spotted something off? Use the “Suggest an edit” link near the top of the page.

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