In an initiative that will see the growth and development of payment services within the East Africa region, leading digital fintech platform provider, Ukheshe, has announced the conclusion of a new agreement with the Kenya-based lender KCB Bank Kenya.
The ICASA (Independent Communications Authority of South Africa) has received six applications for 5G spectrum, in response to its Invitation to Apply for the International Mobile Telecommunications (IMT) spectrum.
French company Atos, also present in Egypt, signed a cooperation agreement with Misr Digital Innovation, a company affiliated to Bank Misr, in order to launch Bank Misr's first digital bank in the local market.
After the great success of the Arab IoT & Ai Challenge that started 2 years ago in the MENA region, it is a pleasure to announce the official launching of the Africa IoT & Ai Challenge.
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.
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.
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.
The Zimbabwe Post and Telecommunications Regulatory Authority (Potraz) expressed its ambition to connect all districts in the country to the Internet. For this matter, the government requires $123 million to invest in optical fiber.
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).
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.