Africa's space industry attracting EU and Chinese investors

  • 📰 mailandguardian
  • ⏱ Reading Time:
  • 30 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 15%
  • Publisher: 92%

Business News News

Business Business Latest News,Business Business Headlines

Africa’s space industry attracting EU and Chinese investors - Countries are heading to the continent to market their expertise and deepen cooperation in science and space technology

In early September, China organised a dialogue session between three of its astronauts in orbit and youths from eight African countries, via a video link.

“Capability gaps benefit foreign space powers, such as China and Europe,” according to a 2022 EU Global Action on Space Market Report Africa. China has been on a diplomatic mission ever since launching its space station Tiangong in July. The mission showcases China’s developments in space, highlights its pool of experts and promotes its capacity to help African nations achieve their ambitions.

Last year, Europe unveiled two initiatives with a combined investment value of $29-million to develop the use of satellite technologies in Africa over the next four years.

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 2. in BUSİNESS

Business Business Latest News, Business Business Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Minister Ebrahim Patel hosts 9th session of South Africa-Saudi Arabia JEC in Pretoria - SABC News - Breaking news, special reports, world, business, sport coverage of all South African current events. Africa's news leader.The objective of the 9th session of the South Africa-Saudi Arabia Joint Economic Commission is to provide companies from both countries with a platform to engage on, and maximise bilateral trade and investment opportunities. BS as much as we need their funding they are racist killers wow, what an enormous delegation from saudi arabia; maybe they are going to solve our economy and help with our failing power resources, and also bring in all those lucrative contracts that will create jobs and wealth for all of us; or am i dreaming again
Source: SABCNews - 🏆 37. / 51 Read more »

High-rollers, high finance and high energy in ‘Industry’ season twoActors and writers on the changes in store in the Showmax finance-industry drama.
Source: SundayTimesZA - 🏆 47. / 51 Read more »