Cairo: The Egyptian Space Agency officially launched the ‘NewSpace Africa 2025’ conference on Monday, at its headquarters in Cairo. Running from April 21 to 24, the four-day event serves as a pivotal platform aimed at empowering Africa’s economy through space innovation.
According to State Information Service Egypt, “NewSpace Africa” is an international forum that brings together leading figures from the space industry, commercial space companies, investors, and key stakeholders in satellite and space technologies. Africa’s space sector is experiencing remarkable growth, with its market value reaching $19.49 billion in 2021. It is projected to grow by 16.16%, reaching $22.64 billion by 2026. The continent is now home to more than 270 space-focused startups developing cutting-edge technologies and offering space-enabled services to meet the diverse needs of various markets.
The conference agenda is packed with high-profile events and strategic opportunities, including keynote speeches by industry leaders, interactive sessions and panel discussions tackling major challenges and opportunities, business showcases highlighting the latest innovations, and dedicated networking sessions and B2B meetings aimed at fostering commercial collaboration. Participants will have the unique opportunity to engage with industry pioneers, academic institutions, and investors. The event also features a dynamic exhibition space, allowing exhibitors to present their latest products and services to a diverse and influential audience, thus boosting awareness and enthusiasm around the space sector.
‘NewSpace Africa 2025’ aims to serve as a unifying platform for professionals across all sectors of the African space ecosystem. By fostering collaboration and nurturing creative and comprehensive solutions, the event is set to address the challenges and harness the vast opportunities within the continent’s space landscape. Egypt’s hosting of this landmark event reaffirms its leadership in supporting regional and international efforts to develop a thriving space economy. It also reflects the country’s continued commitment to innovation and sustainable development across Africa.