Minoo Rathnasabapathy participated in the 2022 NewSpace Africa Conference, a high-level gathering of industry leaders, commercial space companies, investors, and other key stakeholders in the African space and satellite industry. In Africa, commercial ventures are developing space technologies, and offering space-enabled services to address market demands in various sectors, including telecommunications, defense, security, maritime, aviation, mining, agriculture, environment, development, education, and health. In 2019, the African space industry was worth USD 7.37 billion and is estimated to grow up to USD 10.24 billion by 2024, experiencing about 40% growth, this provides an immense business opportunity for various stakeholders.
The 3-day conference featured selected keynotes, interactive sessions, panel discussions, business pitches, B2B matchmaking, B2C matchmaking and unique networking opportunities.
The theme for the conference was “Making Africa the New Hotspot for Space Business."