Why several foreign countries are exploring Africa for space business

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Foreign countries exploring Africa for space business
A delegation from Lockheed Martin in a meeting with top officials of the Nigerian space sector

The African space industry since the past decade is witnessing relatively year-on-year progress in terms of budget, human capital and number of satellite launches. The continent is rapidly maturing into a sizeable space market. Just as the general investment landscape on the continent is gaining massive investment traction, the African space industry is not left…

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New Report: The African space economy is now worth US$7 billion, with a projected growth of over 40% in the next five years to exceed US$10 billion by 2024. Read the Executive Summary of the African Space Industry Annual 2019 Edition to find out more information about the report. Pre-order the report at discounted rates.



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