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Orange announced that its venture capital arm, Orange Ventures has become a separate legal entity with an increased allocation of 350 million euros, empowering it to be more agile and competitive in seeking out and supporting the best start-up talent worldwide. Orange Ventures invests in high-growth sectors, in areas traditional to Orange expertise such as connectivity, cybersecurity, the digital enterprise, and innovative financial services, as well as new territories that the group is exploring, like e-health.

Read more: Orange allocates EUR 350 mln for new digital innovations entity

IEC Telecom and Thuraya introduced Orion Edge V (“V” for virtual), a state-of-the-art satcom system which offers an affordable VSAT-like experience over compact hardware. Digitalisation, previously reserved for large vessels, is now available for smaller crafts.

Read more: IEC Telecom and Thuraya reveal new virtual satcom system

Benya, a leader in Information and Communication Technology (ICT) infrastructure and digital transformation in Egypt, Africa and the Middle East announced the establishment of its Global Advisory Board (GAB). This represents an important milestone for the company as Benya is strengthening its position as a trusted partner to deliver high quality ICT solutions. The established board is set to empower the company’s vision by providing counsel to Benya’s leadership.

Read more: Benya establishes its Global Advisory Board

Into effect since the first day of the year, Kenya Revenue Authority (KRA) announced the newly introduced Digital Service Tax (DST). The Finance Act 2020 introduced DST on income from services provided through the digital marketplace in Kenya and will be applied at 1.5 percent on the gross transaction value (exclusive of VAT).

Read more: Kenyan Digital Service Tax implemented and concerns start to rise

Iridium Communications Inc., the only mobile voice and data satellite communications network that spans the entire globe, announced a historic achievement with the launch of the Iridium® Global Maritime Distress and Safety System (GMDSS) service. The system commenced operation on December 11th and with it, for the first time in history, Iridium has given seafarers a real-time emergency response and rescue service that works everywhere in the world. No other maritime emergency response system matches the coverage and real-time communications capability of the Iridium GMDSS service. The announcement came during a virtual press conference held featuring Iridium leadership, industry officials and experts.

Read more: Iridium Communications announced historic satellite and maritime achievement

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