Business and investment in

Africa

Africa is the 2nd continent on Earth in area with a great amount of natural resources.  There are more than 50 countries with fast growing economies and 1.5 bln population here. Africa today offers big opportunities for business and investment.

African countries are developing the space industry

 

 

Africa's space economy, driven by investments and the cost of equipment from agencies and private firms engaged in space research, was estimated at $25 billion in 2025. According to experts, it will reach 40 billion US dollars by 2030.

 

The first African space agencies, established by the Governments of Algeria, Egypt, Morocco, Nigeria and South Africa, were joined by new agencies from Angola, Gabon, Ghana, Kenya, Mauritius, Rwanda and Zimbabwe.

 

Understanding the importance of obtaining satellite data and using it in various sectors of the economy has led to the launch of space programs in Botswana, Zambia, Djibouti, Côte d'Ivoire, Namibia and Uganda.

 

In 2026, Africa's space economy will expand to several more countries. In addition, the African Union and regional economic blocs are beginning to develop policies to expand cooperation between countries in the development of space programs.