R4.5bn plan will absorb science graduates and nurture innovation, says space chief
A giant R4.47 billion (US$266 million) space infrastructure development plan aims to fund satellite builds and expand South Africa’s space data capabilities, providing a ‘lifeline’ for science and engineering over the next three years.
The investment, announced on 31 August, will establish a Space Infrastructure Hub drawing on financing obtained through the government’s Sustainable Infrastructure Development Symposium, which matches development-spurring infrastructure development plans with international financiers from both public and private sectors.
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