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.
(MCB) - The Mauritius Commercial Bank Limited (“MCB”) has successfully granted a strategic financing...
MTN Innovation Lab hosts Africa HealthTech Export 2025 Bootcamp in Cotonou Event targets s...
Public Eye claims over 90% of Cerelac samples in Africa contain added sugar, averaging 6 g per por...
Attack risks internet disruptions; investigation launched near Massakory EU-funded project aims ...
China says Premier Li Qiang will attend instead of President Xi Jinping The U.S. and Russia also ...
UK unveils £50M plan to secure critical minerals supply by 2035 Strategy includes partnerships abroad, with focus on Africa's mineral potential UK...
Senegal, BOAD launch Fovas to monetize public infrastructure assets Fund aims to boost financing without IMF-recommended debt restructuring Eligible...
Guinea-Bissau holds presidential, legislative elections amid political fragility President Embaló seeks second term; 65% voter turnout reported IMF...
U.S. Exim to unlock $100B for critical minerals, gas, nuclear projects Egypt gets $4B credit guarantee to secure U.S. gas amid output...
Hidden deep within the Arabuko-Sokoke Forest on Kenya’s coast near Malindi, the ancient city of Gedi stands as one of East Africa’s most intriguing...
Orange Egypt and Qatar’s Qilaa International Group have partnered to develop WTOUR, a digital platform offering trip planning, hotel bookings, local...