The government of Ethiopia announced the soon launching of the construction of satellite manufacturing, assembly, integration and testing (MAIT) facilities in Addis Ababa, as part of the second phase of its space development program. The project, which has been entrusted to the French space company ArianeGroup, is expected to start in January 2020 with a completion deadline of 30 months.
Money to be disbursed is not disclosed but, according to the Ethiopian Ministry of Innovation and Technology, European Investment Bank (EIB) is backing the project through a tripartite agreement involving the Ethiopian Government, EIB, and ArianeGroup.
The Engineering Research and Development Directorate (SERDD), a division of the Ethiopian Space Science and Technology Institute (ESSTI), will lead the facility’s management once construction is completed. SERDD will also ensure the optimization of its capacity in developing satellite systems and components.
According to the government, the facility will not only benefit Ethiopia but also the development of space projects in other East African countries.
Togolese banks provided 16.2% of WAEMU cross-border credit by September 2025 Regional cross...
Microfinance deposits in Togo increased by CFA11.9 billion, a 2.7% rise in the second quarter of 2...
Nigerian fintech Paystack launches Paystack Microfinance Bank Bank created after acquiring ...
Tether partnered with the United Nations Office on Drugs and Crime to strengthen digital asset cyb...
Nigeria granted Amazon Kuiper a seven-year license starting February 2026 The move opens comp...
Government plans to buy 123,000 tons of unsold cocoa to calm the market Exporters struggle to meet contracts after a sharp fall in cocoa...
South Africa to raise public officials’ salaries by 3.8-4.1% from April Increases come amid fiscal constraints and modest economic...
Congo sets presidential election for March 15, 2026, officials say Denis Sassou N’Guesso nominated by ruling party; opposition candidates...
Italian group expands footprint through acquisitions and new plants since 2024 Planned Metal Crowns takeover would strengthen East Africa...
Ambohimanga is a hill located about twenty kilometres northeast of Antananarivo, in Madagascar’s Central Highlands. It holds a central place in the...
Bamako hosted the first International Festival of African Documentary (FIDAB) from January 16 to 18, 2026, screening 12 African films. UNESCO...