Africa Spent About USD 717 Million On Satellites Launched In 2019, Here Is The Breakdown

Breakdown of cost of African Satellites Launch in 2019

2019 was unarguably the best year in Africa’s 22-year history since the launch of Egypt’s NileSat 101 in 1998, the first satellite launched by an African institution. The record-breaking year witnessed the launch of eight satellites by five African countries, the highest recorded in a calendar year. Egypt owns 50 per cent of the satellites…

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New Report: The African space economy is now worth USD 7 billion and is projected to grow at a 7.3% compound annual growth rate to exceed USD 10 billion by 2024. Read the executive summary of the African Space Industry Report - 2019 Edition to learn more about the industry. You can order the report online.