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National governments, universities and the private sector in Africa spent over USD 3 billion towards the launch of 33 satellites from 1998 to April 2019, excluding replacement satellites (NigComSat-1R and RASCOM-QAF 1R), according to the African Space Industry Report. The following foreign companies signed the most collaborative contracts pertaining to the design, manufacture and operation…
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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.
Joseph Ibeh is a Mandela Washington Fellow and Senior Analyst at Space in Africa. His experience spans industry research and market analysis with a focus on African-grown NewSpace companies, commercial space industry, national space programmes and real-life application of space science for sustainable development in Africa.
