Rwanda: The Untapped Potential in Rwanda's Space Economy

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Rwanda has fairly made progress in the last few years towards laying a foundation for the space industry, preparing the country to tap into the economic potential the sector holds.

The country is one among the many that are increasingly leveraging commercial use of space - which is essentially the provision of goods and services of commercial value by using equipment such as spacecraft and satellites - with hope to derive greater value from the industry.While the space has long been utilized by governments and large telecommunication companies, multiple private companies have ventured into the industry to drive innovation.

Investment in the space sector advances technological developments which bring ripple effects across critical sectors of the economy and contributes to the improvement of people's livelihoods. Earth observation satellite imagery is used for precision agriculture, disaster management, infrastructure planning, among other applications.

"More efforts should be invested in building human capacity to boost available skill sets of a pool of Rwandans with theoretical knowledge that can be enabled to acquire practical skills in the space industry."In 2020, the government established Rwanda Space Agency to coordinate all space activities in the country with a mission to develop the country's space sector towards socio-economic development, using space-based technologies and applications.

Source: News Formal (newsformal.com)

 

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