Emirati "Space 42" plans to expand in Africa and compete with "Starlink"

Tees 42 Satellite Telecom, based in Abu Dhabi, keeps financing collection closes with the aim of supporting its expansion plans in Africa and competing with the “Starlink” owned by billionaire Eilon Musk, which is already working in 18 African countries. CEO of the company, Hassan Al -Hosani, said that “Space 42”, supported by the Sovereign Fund in Abu Dhabi “Mubadala Investment”, holds preliminary discussions with partners, including the Africa Union for Development, as well as partners in the continators such as “Microsoft” and the “ESRI” data, as well as other financial institutions. Al -hosani added that these talks are still in the early stage, and the company has not yet specified the target financing volume. However, the company has begun to establish its presence because it has tied schools and clinics in countries such as South Africa and Zimbabwe, according to Al -Hawsani. “Space 42” also improves the continental capabilities “Space 42” works on a Maps initiative in collaboration with “Microsoft” and “ESRI”, with the aim of improving the capabilities of maps across the African continent. “There is a lot of work to be done locally in every country and at national level in every country,” Al -Hosani said in an interview with Bloomberg TV. He added: “Part of our job is to identify parties and partners, whether in the private sector or the government sector, with the process of parallel roads.” Also read: Without restrictions .. How has the space internet become a promising global and Arab market? Africa .. A promising, but complex market, Africa is a promising market for satellite companies, thanks to its youthful, growing population whose demand for internet services is increasing, while large parts of the continent are still without cover. The variation of organizational regulations between the fifty countries on the continent makes the mission of satellite companies more complicated. For example, in South Africa, the largest economy of the continent, a confrontation mask fights with the authorities over the rules of ‘economic empowerment of blacks’, which requires it to give up a 30% royal share for investors in Brown to obtain the license. If he manages to replace an alternative investment program, this road will also pave the way for “Space 42”. ‘Starlink’ at ‘Space 42’ owns ‘Starlink’, which is attached to ‘SpaceX’, a prominent advantage over the upcoming Emirati business, thanks to a fleet that includes about 8 thousand satellites in the Low Ground Orbit, provides its services to different countries of the world. As far as “Space 42” is concerned, it currently has eight satellites, and plans to launch three others during the current year, allowing them to provide different coverage patterns in 150 countries stretching in Africa, the Middle East, parts of Europe and most Asia. Al -hosani concluded: “The competition is always useful.”