Space in Africa

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Space in Africa
Company type Private
IndustrySpace and Satellite Industry
FoundedFebruary 2018
Headquarters Lagos, Lagos State, Nigeria
Key people
 Temidayo Isaiah Oniosun
Website spaceinafrica.com

Space in Africa is a media, analytics and consulting company focusing on the African space and satellite industry with its headquarters in Lagos, Nigeria. [1] [2] [3]

Contents

History

The company was founded by Temidayo Isaiah Oniosun in 2018. [4] [5] [6] Space in Africa was a finalist in the Fall 2018 NewSpace Business Plan Competition in Austin, TX. [7]

In June 2019, the company released the African Space Industry Annual Report 2019 Edition [8] which estimated the worth of the African space industry to be more than US$7 billion, projecting that it is likely to grow over 40% in the next five years, exceeding US$10 billion by 2024. [9]  

In July 2019, Space in Africa received seed funding from AC Ventures. [10]  

In October 2019, the company published the NewSpace Africa Industry Report, 2019 Edition which was an overview of 34 companies in the African space industry, with an emphasis on their size, financial and investment history, and their products and services, as they exist and interact with other elements in the global space ecosystem. [11]

In August 2020, Space in Africa released the 2020 Edition of the African Space Industry Annual Report, which showed that the African space industry is still growing, with African government doubling their national space program operating budgets to an estimated USD 490 million compared to USD 250 million in 2019. [12] The report also estimated that African countries will have launched at least 110 Satellites by 2024, compared to the total of 41 launched so far. [13] [14]

African Space Industry Top 10 Under 30

Space in Africa curates the African Space Industry top 10-Under-30 award, which started in 2019. The list features engineers, scientists, business developers, researchers and academicians from all corners of Africa who have contributed not only developing their nation’s space industry, but also expanding knowledge in Africa’s evolving space sector. The 2020 award recipients are Angola, Ethiopia, Ghana, Morocco, Nigeria and South Africa. [15] [16]

Related Research Articles

<span class="mw-page-title-main">Angola</span> Country on the west coast of Southern Africa

Angola, officially the Republic of Angola, is a country on the west-central coast of Southern Africa. It is the second-largest Lusophone (Portuguese-speaking) country in both total area and population and is the seventh-largest country in Africa. It is bordered by Namibia to the south, the Democratic Republic of the Congo to the north, Zambia to the east, and the Atlantic Ocean to the west. Angola has an exclave province, the province of Cabinda, that borders the Republic of the Congo and the Democratic Republic of the Congo. The capital and most populous city is Luanda.

<span class="mw-page-title-main">Economy of Angola</span>

The economy of Angola remains heavily influenced by the effects of four decades of conflict in the last part of the 20th century, the war for independence from Portugal (1961–75) and the subsequent civil war (1975–2002). Poverty since 2002 is reduced over 50% and a third of the population relies on subsistence agriculture. Since 2002, when the 27-year civil war ended, government policy prioritized the repair and improvement of infrastructure and strengthening of political and social institutions. During the first decade of the 21st century, Angola's economy was one of the fastest-growing in the world, with reported annual average GDP growth of 11.1 percent from 2001 to 2010. High international oil prices and rising oil production contributed to strong economic growth, although with high inequality, at that time. 2022 Trade surplus was &30B/2012 $48B

<span class="mw-page-title-main">Economy of Kuwait</span>

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<span class="mw-page-title-main">Jean-Claude Bastos de Morais</span> Swiss-Angolan businessman

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<span class="mw-page-title-main">Nigeria EduSat-1</span> Nigerian CubeSat

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<span class="mw-page-title-main">Skyrora</span> Aerospace manufacturer in the United Kingdom

Skyrora Ltd is a British private space company based in Edinburgh, Scotland, since 2017.

ArmCosmos, commonly known as the Armenian Space Agency, is an Armenian private agency responsible for the development of Armenia's commercial space industry, coordinating domestic activities, identifying opportunities and facilitating international space engagement, on behalf of the Government of Armenia. Its headquarters are located in Yerevan, Armenia.

Temidayo Isaiah Oniosun is a Nigerian space scientist and businessperson. He is the founder of Space in Africa and the former regional coordinator for Space Generation Advisory Council for Africa.

HawkEye 360 is an American geospatial analytics company headquartered in Herndon, Virginia. It is a commercial seller of radio frequency (RF) signal location data gathered by a satellite constellation.

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The domain of international space politics gained significant traction during the Cold War. This was largely fuelled by the ongoing space race between the USA and the USSR. At this time in history, space exploration was an endeavour largely restricted to the global superpowers and seemed out of reach for many smaller, developing, nations to actively participate in. Subsequently, public concerns for the cost of research and development into novel space technologies did not receive sufficient policy and academic attention in Africa. As the Cold War reached its conclusion, political power began to diffuse across the world, and this led to many smaller nation states developing national and regional space capabilities. In the context of Africa, Nigeria, Algeria, Egypt and South Africa were the front-runners in terms of investments into space-related research and development.

References

  1. ↑ Mwendera, Karen (15 December 2018). "Africa Takes to the Stratosphere and Beyond". Forbes Africa. Retrieved 8 May 2020.
  2. ↑ Mwendera, Karen (11 August 2019). "From Africa To Mars". Forbes Africa. Retrieved 8 May 2020.
  3. ↑ "Sudan launches first satellite, with China's help". RFI. 19 November 2019. Retrieved 8 May 2020.
  4. ↑ "Ethiopia launches its first satellite". The Japan Times. 20 December 2019. Retrieved 8 May 2020.
  5. ↑ News Desk (16 July 2019). "Space in Africa closes investment round; expands staff across five African nations". Geospatial World. Retrieved 8 May 2020.
  6. ↑ Chan, Athena (24 December 2019). "Ethiopia Launches Its First Satellite, Caps Great Year For African Space Industry". International Business Times. Retrieved 8 May 2020.
  7. ↑ "Announcing the Finalists for the Fall 2018 NewSpace Business Plan Competition in Austin, TX | The Center for Space Commerce and Finance" . Retrieved 8 May 2020.
  8. ↑ "Space In Africa Releases NewSpace Africa Industry Report, 2019". spaceref.com. 29 October 2019. Retrieved 8 May 2020.
  9. ↑ "Satnews Publishers: Daily Satellite News". www.satnews.com. Retrieved 8 May 2020.
  10. ↑ Africa, Space in. "Space in Africa Closes Investment Round; Expands Staff to Eleven People Across Five African Nations". www.prnewswire.com. Retrieved 8 May 2020.
  11. ↑ "Satnews Publishers: Daily Satellite News". www.satnews.com. Retrieved 8 May 2020.
  12. ↑ "The Satellite + Space Industry in Africa Experiences Even More Investments – SatNews". news.satnews.com. Retrieved 18 September 2020.
  13. ↑ "Despite Ongoing Pandemic, Africa Is Investing More In Space And Satellite Industry". iAfrica. 19 August 2020. Retrieved 18 September 2020.
  14. ↑ Kriening, Torsten (20 August 2020). "#SpaceWatchGL Share: Africa is investing more money in space and satellite industry". SpaceWatch.Global. Retrieved 18 September 2020.
  15. ↑ "Two angolan engineers among the top ten young people in the African space industry". VerAngola. Retrieved 18 September 2020.
  16. ↑ "African Space Industry Top 10 Under 30 – Class 2020". BusinessGhana. Retrieved 18 September 2020.
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