NewSpace Africa Conference is a high-level gathering of industry leaders, commercial space companies, investors and other key stakeholders in the African Space Industry. Globally, a new era is emerging, characterized by private sector-led efforts towards the commercialization of space which is opening the global space industry to investments, disrupting new markets and democratizing space technologies beyond the legacy spacefaring geopolitical regions to include opportunities in emerging markets.
In Africa, commercial ventures are developing space technologies, and offering space-enabled services to address market demands in various sectors, including telecommunications, defence, security, maritime, aviation, mining, agriculture, environment, development, education, and health. In 2019, the African space industry was worth USD 7.37 billion and is estimated to grow up to USD 10.24 billion by 2024, experiencing about 40% growth, this provides an immense business opportunity for various stakeholders.
The 3-day conference will feature selected keynote speeches, interactive sessions, panel discussions, business pitches, B2B matchmaking, B2C matchmaking and unique networking opportunities.