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.
Wave launches Wave Bank Africa in Côte d'Ivoire with $32M capital Move follows €117M fu...
Sonatel is a major telecom company in West Africa that investors trust, offering steady growth and...
Cameroon's Constitutional Council declared Paul Biya the winner of the presidential election, secu...
Safaricom's M-Pesa integrated with Ethiopia's national payment network, EthSwitch, on October 27. ...
ECCBC invests $77.6M to expand Morocco plant, boosting output by 40% New lines produce soft ...
Mali’s BNDA secures $40M IFC loan to boost SME agricultural lending. Funds target farmers, women-led businesses, and climate-smart agribusiness...
Donors pledge over €1.5B in aid for Africa’s Great Lakes region Funds to support food, medicine, and livelihood recovery in conflict-hit...
Morocco and The Gambia sign defense cooperation MoU during official Rabat visit Agreement includes training, joint exercises, and a rotating military...
WFP seeks $349M to support food aid in DRC through April 2026. Acute food insecurity may rise to 26.6M people amid ongoing conflict. Aid cuts...
UBA to host final “Business Series 2025” on content-driven growth, Nov. 6 Event targets SMEs, creators with strategies for influence and brand...
The Eyo Festival, also known as the Adamu Orisha Play, stands among the most iconic cultural events in Lagos, Nigeria. This traditional Yoruba procession,...