Convergence Partners, a tech investor in Africa, has entered into an agreement with Inseego Corp. (Nasdaq: INSG) to acquire 100% of Ctrack’s operations in Africa and the Middle East. This will be the maiden investment for its third fund, Convergence Partners Digital Infrastructure Fund (CPDIF). The agreement is subject to customary conditions including approval by the competition authority of South Africa.

Ctrack is a telematics software-as-a-service digital infrastructure platform p...