{"id":473458,"date":"2026-03-13T13:17:12","date_gmt":"2026-03-13T13:17:12","guid":{"rendered":"https:\/\/www.newsbeep.com\/uk\/473458\/"},"modified":"2026-03-13T13:17:12","modified_gmt":"2026-03-13T13:17:12","slug":"zimbabwe-looks-for-global-investors-to-back-200-million-satellite-project","status":"publish","type":"post","link":"https:\/\/www.newsbeep.com\/uk\/473458\/","title":{"rendered":"Zimbabwe looks for global investors to back $200 million satellite project"},"content":{"rendered":"<p>\n        Zimbabwe is inviting investors to participate in its latest satellite project aimed at boosting telecommunications connectivity, Finance Minister Mthuli Ncube announced.\n    <\/p>\n<p>\n        The southern African nation launched its first mini-satellite in November 2022, followed by a second in 2024. The upcoming project is expected to cost nearly $200 million, Bloomberg reported.\n    <\/p>\n<p>\n        \u201cWe are looking for partners who can support us,\u201d he added. \u201cOnce completed, our connectivity will improve significantly.\u201d\n    <\/p>\n<p>\n        Later this year, Zimbabwe plans to launch its third earth observation satellite, ZimSat-3, just months after sending ZimSat-2 into orbit.\n    <\/p>\n<p>\n        The country\u2019s first satellite, ZimSat-1, is currently used for monitoring drought conditions, mapping mining activities, and other data-driven operations from the Mazowe Ground Station.\n    <\/p>\n<p>\n        The government sees these space initiatives as key to advancing national modernisation and manufacturing goals.\n    <\/p>\n<p>        Africa\u2019s Growing Space Presence<\/p>\n<p>\n        African nations are increasingly turning to satellites for strategic purposes. Across the continent, satellites play critical roles in agriculture, climate monitoring, communications, and disaster response.\n    <\/p>\n<p>\n        Annual African government spending on space has averaged around $500 million in recent years. Leading the way are Egypt, South Africa, Nigeria, Morocco, Algeria, and Angola, each sustaining investments in a mix of Earth observation, communication, and scientific satellites, often in partnership with international collaborators.\n    <\/p>\n<p>\n        Egypt currently operates 14 satellites, South Africa has 12, and Nigeria 7, reflecting the growing importance of space infrastructure across the continent.\n    <\/p>\n","protected":false},"excerpt":{"rendered":"Zimbabwe is inviting investors to participate in its latest satellite project aimed at boosting telecommunications connectivity, Finance Minister&hellip;\n","protected":false},"author":2,"featured_media":473459,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[23],"tags":[90,416,56,54,55],"class_list":{"0":"post-473458","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-space","8":"tag-science","9":"tag-space","10":"tag-uk","11":"tag-united-kingdom","12":"tag-unitedkingdom"},"_links":{"self":[{"href":"https:\/\/www.newsbeep.com\/uk\/wp-json\/wp\/v2\/posts\/473458","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.newsbeep.com\/uk\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.newsbeep.com\/uk\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/uk\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/uk\/wp-json\/wp\/v2\/comments?post=473458"}],"version-history":[{"count":0,"href":"https:\/\/www.newsbeep.com\/uk\/wp-json\/wp\/v2\/posts\/473458\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/uk\/wp-json\/wp\/v2\/media\/473459"}],"wp:attachment":[{"href":"https:\/\/www.newsbeep.com\/uk\/wp-json\/wp\/v2\/media?parent=473458"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.newsbeep.com\/uk\/wp-json\/wp\/v2\/categories?post=473458"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.newsbeep.com\/uk\/wp-json\/wp\/v2\/tags?post=473458"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}