Browsing: South African Aerospace

  • African space economy is becoming a strategic tool for strengthening the nation’s economy and contributing to meeting the Sustainable Development Goals (SDGs) in Africa at a faster rate than the continent’s GDP
  • The value of the African space industry in 2021 was USD 19.49 billion and is anticipated to increase by 16.16% to reach USD 22.64 billion by 2026
  • In 2022, African nations allocated US$534,9 million to national space programmes. This sum represented an increase of 2.24% over the revised US$ 523.3 million for 2021
  • African space sector, the ground segment market, has enormous potential.

A report published by Space in Africa, the leading source of information and market analysis for the African satellite and space industries, Indicates that the African space economy is becoming a strategic tool for strengthening the nation’s economy and contributing to meeting the Sustainable Development Goals (SDGs) in Africa at a faster rate than the …

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The South African Aerospace, Maritime and Defence Industries Association (AMD) (www.AMD.org.za) is currently playing an important yet largely unsung role in South Africa’s economy and civil society, with enormous potential to drive positive change even further.

This is according to Sandile Ndlovu, Interim Executive Director: AMD, who explains, “The AMD is a grouping of South African aerospace and defence registered entities whose focus is in high technology capabilities including the design, development, testing, evaluation, manufacturing, operating, upgrading, maintenance, repair and overhaul of air (including space) & sea (i.e. maritime & naval) platforms and their sub-systems – including items that are regarded as “dual-use” for purposes both locally and abroad.

This critical arena requires a special and unique level of government support that is not necessarily pertinent to other local business arenas.

“Around the world, the value of a country’s defence sector to its economy is enormous. It exists to provide …

South Africa defence industry eyes Egyptian market

South African Aerospace, Maritime, and Defence Export Council (SAAMDEC) CEO Sandile Ndlovu urged the South Africa defence industry to cultivate a healthy interest in the Egyptian market.

Speaking at the outward trade and investment mission (OTIM) in Egypt, Mr Ndlovu said the export council’s mission was spearheaded on a two-pronged approach.

“The first was to formally introduce the South African defence industry to the market and acknowledging the efforts of individual companies that have been interacting with the Egyptian defence. The second was to identify areas where South Africa and Egypt could cooperate in the defence space8,” he said.

He said that their first interactions with the Egyptian private sector occurred during a defence exhibition held in Egypt last year. Adding that with the interactions they have had during the event, they have found that there is a lot of interest to cooperate with them specifically on promotion and marketing …