Space in Africa

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Space in Africa
Company typePrivate
IndustrySpace and Satellite Industry
FoundedFebruary 2018
HeadquartersLagos, Lagos State, Nigeria
Key people
Temidayo Isaiah Oniosun
Websitespaceinafrica.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]

History[edit]

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[edit]

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]

References[edit]

  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.

External links[edit]