By 2024, More Than 19 African Countries Would Have Launched Satellite Into Space

The New Dawn satellite is one of Africa's multilateral satellites, jointly launched for communication. Image source: biztech

The African space industry is predominantly focused on space applications for ordinary problems, unlike other parts of the world where much emphasis is placed on space exploration and military applications. They do not only generate revenue for the industry, but serve a myriad of functions, from sending down a constant stream of data reporting to us…

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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.