Space in Africa’s 2024 African Satellite Manufacturing and Launch Market Report states that the momentum in the African satellite market is set to increase, with investment in satellite manufacturing by African governments projected to rise to US$2.6bn between September 2024 and 2030, from US$1.9bn between 2018 and August 2024.
By 2030, 20 African countries are expected to launch 72 satellites, six of which will be undertaking their first-ever satellite missions. Notably, contractors for approximately 52% of future satellites, valued at $866.6m, have yet to be determined.
The report further points out that the increasing demand for satellite technology in Africa reflects a growing recognition of space capabilities as a critical tool for socio-economic development. African governments prioritise satellite technology for national security, environmental monitoring, disaster management, and infrastructure development. The continent’s space budget has doubled between 2018 and 2024, supported by funding from the African Space Agency and multiple international partnerships.
In addition, there is a rising commercial demand for satellite broadband, broadcasting, and Earth Observation (EO) services, driven by the need for enhanced connectivity and high-resolution imagery. This commercial demand signals significant growth potential in the African satellite market. An increase in local manufacturing initiatives is reducing reliance on foreign technology, while educational and research programmes are fostering innovation and building domestic capacity. Further, international collaborations and investments are bolstering Africa’s satellite capabilities.
The report further states that the demand for communication and EO satellites primarily drives African satellite manufacturing revenues. This highlights the continent’s strategic focus on strengthening its technological capabilities and infrastructure. Government projects remain a significant driver of this sector, with 77% of satellites launched between 2018 and August 2024 being government-funded.
The absence of operational launch sites on the continent remains a challenge, and feasibility studies are underway to find potential launch sites in Kenya, Djibouti, and Somalia, indicating future shifts in the sector. Between 2018 and August 2024, 30 satellites were launched from various global locations, such as the USA, China, France, Japan, and Russia. Since future launch sites remain undetermined, the sector can look forward to new opportunities.
Moreover, university programmes in Algeria, Kenya, Nigeria and South Africa are aiding in developing local expertise in rocket development, indicating progress toward developing indigenous launch capabilities.
