Consolidated Capital Investment (Pty) Ltd

South Africa Communications and IT Services

We are invested in Consolidated Capital Investment (Pty) Ltd through Convergence Partners Communications Infrastructure Fund, which is managed by Convergence Partners Management.

We do not hold direct relationships with the companies that investment funds invest in. Instead, we hold relationships directly with the fund. When investing through investment funds, British International Investment takes an active role as a limited partner to the fund, working with the fund manager to ensure best practices, including in environment, social and governance matters, and investment management oversight.

This investment was made when British International Investment was named CDC Group.

CCI is an investment vehicle holding minority stakes in Dark Fibre Africa and Vumatel Proprietary Limited. DFA is the largest open access metro and access fibre operator in South Africa. Vumatel is a leading Fibre-to-the-home operator, aiming to build a complete fibre infrastructure backbone in selected suburbs in major cities.

For further information on the fund, the fund manager, and the expected impact of the fund’s investment, click here.

Key facts


Since 2012, we’ve only invested in Africa and South Asia. Investments outside these regions are from our pre-2012 portfolio.

Africa, Southern Africa
South Africa

We have seven priority sectors. However, we continue to invest outside these sectors, largely in the most challenging regions, as new investment supporting any sector helps to underpin the private sector, and create jobs and livelihoods for people.

Communications and IT Services
Investment type

We provide capital in three broad ways: direct equity, debt, and intermediated equity (principally through investment funds).

Intermediated investment
Convergence Partners Communications Infrastructure Fund
Fund Manager:
Convergence Partners Management
Start date

For direct investments, this is the date British International Investment committed capital to the business or project.

For funds, this is the date that British International Investment committed capital to the fund.

For underlying fund investments, this is the date that the fund invested capital into the business.e

October 2016

This is the investee company’s place of incorporation; or a fund’s jurisdiction.

South Africa

We are now British International Investment