Since 2019, Spacecom has been ramping up initiatives to gain a foothold in the African satellite-based telecom services market. The company acquired a 9.3% stake in Canadian firm NuRAN Wireless in June 2021 for $3.2 million.
Israeli satellite operator Spacecom will leverage the capabilities of Azerbaijan's Azercosmos' Azerspace satellites to expand the geographic coverage of its services, particularly in Africa. The two parties signed a cooperation agreement for the joint implementation of long-term projects on Friday, March 17.
“We see the use of telecommunication and teleport services of Azercosmos as an important step for the development of our joint space activities. Azerspace satellites are among the most dynamic satellites in the African market and they will provide quality services in digital broadcasting,” said Yon Rosenberg, Spacecom's Chief Revenue Officer.
The new partnership is part of Spacecom's African expansion strategy that began in 2019. The company's ambition is to become one of the leading providers of satellite communication solutions and services on the continent in a context marked by the growing demand for broadband connectivity and digital transformation. It is therefore multiplying strategic initiatives and partnerships to this end.
Thanks to Azercosmos' satellites, Spacecom will extend its services to millions more people, including those living in rural and remote areas whose access is difficult for terrestrial telecom operators' networks. According to the Global System Operators' Association (GSMA), only 515 million people were subscribed to telecom services in sub-Saharan Africa at the end of 2021. This figure represents 46% of the region's population.
Isaac K. Kassouwi
Deposits grow 2.7%, supporting lending recovery Average loan sizes small, credit risk persists ...
Oil majors expand offshore exploration from Senegal to Angola Gulf of Guinea accounts for about 1...
MTN is considering buying back telecom towers it sold years ago, signalling that control of infras...
Rwanda, partners break ground on $2 billion Kigali Innovation City Smart city targets ...
The BCEAO granted Semoa a level-3 “full service” payment institution license on January 27, 2026...
Airline transported 10.64 million passengers in six months Cargo volumes reached 451,000 tons; revenue hit $4.4 billion Performance...
Government terminates 21 hydrocarbon permits and 21 PSCs OMNIS loses four permits; 17 expired titles declared void Madagascar Oil remains...
Program covers child protection, health, education and inclusion Part of National Development Plan 2026-2030 Follows CPD 2021-2025, which...
EcoGraf signed a cooperation agreement with the European Investment Bank (EIB) for technical assistance on its Epanko graphite project in...
Porlahla Festival ends third edition in Kouto, promoting Senufo culture Event draws regional and international participants, boosting cultural...
Essaouira is a coastal city in Morocco, on the Atlantic Ocean, in the Marrakech–Safi region, about two and a half hours by road from Marrakech. It stands...