African Space Economy Valued at $24.95 Billion in 2025 — 327 Commercial Companies Active
70 FOMOSpace in Africa's 2025 African Space Industry Annual Report valued the African space economy at $24.95 billion, projecting expansion to $39.52 billion by 2030 at a 7.97% CAGR. The report identified 327 active commercial space companies across 36 African countries. Key findings: Egypt leads satellite launches (9 total), South Africa has the most operational satellites, Nigeria licenses commercial operators (BeetleSat, Satelio IoT), and Kenya was selected as the only African country for the ISS ARISS Programme 2026. At least eight African satellites are projected to launch in 2026, including the multilateral AfDevSat climate satellite (Egypt, Ghana, Kenya, Nigeria, Sudan, Uganda).
Why it matters
A $25 billion economy with 327 companies and growing — Africa's space sector is no longer "emerging," it's emerged. The 7.97% CAGR is faster than the global average. Watch Nigeria and Egypt: both are executing across agency, commercial, and defense dimensions simultaneously.
Coverage
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spaceinafrica.com ·
Africa's Space Ambitions: Milestones to Watch in 2026Space in Africa's 2026 outlook: at least eight satellites to launch including the AfDevSat multilateral climate satellite, ground station upgrades in Rwanda, Ethiopia, and South Africa, and Nigeria licensing BeetleSat and Satelio IoT for satellite broadband.
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Space in Africa's 2025 African Space Industry Annual Report valued the African space economy at $24.