Cape Town Is The Leading Hub Of The Commercial Space Industry In Africa

Cape Town. Image Source: TravelStart

The Africa space industry majors in the commercialisation of services and products; it is well-known that companies driving the growth of the continent in the global space industry are mostly Newspace companies, downstream and space-related companies, that are focused on the manufacturing and marketing of products and services, a deliberate move that presents the continent’s…

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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.