By 2026, Africa’s space industry is projected to be worth $22,6-billion – and South Africa is gearing up to be at the forefront of this growth creating thousands of jobs, driving innovation, and boosting the national economy.
This was the message from Nomfaneko Majaja of the Department of Trade Industry and Competition, who delivered a keynote at a recent digital media launch for the 2026 International Space Summit Africa (ISSA).
From ancient rock art to cutting-edge radio astronomy, the African sky has always been a source of knowledge, a place where myth meets science and tradition meets innovation. That legacy now inspires a new frontier: an African space economy worth billions.
From 2 to4 June 2026, ISSA will harness that legacy to host a landmark summit on space, science, and technology that will redefine the future of the African space economy. The event will showcase South Africa as a continental hub for space technology and innovation, hosting 500 delegates, 300 exhibitors, and over 30 curated buyers.
The summit will feature leading industry speakers, side events, and a 24-hour international hackathon aimed at engaging youth and startups.
By facilitating technology transfer, trade deals, and investment ISSA will accelerate the commercialisation of local R&D, strengthen the supply chain, and stimulate growth in adjacent sectors such as AI, biotech, green energy, and advanced manufacturing.
The event will also focus on education and skills development, connecting universities, research councils, and industry partners while supporting STEM outreach, mentorship labs, and opportunities for emerging talent.
During her keynote, Majaja emphasised South Africa’s leadership role and said the summit would showcase the country’s global potential.
“This event presents a valuable opportunity to matchmake African space entrepreneurs with our global counterparts and showcase the economic potential of our country and continent,” says Thamsanqa Sibiya of the World Chamber of Entrepreneurs for Economic Development (WenCHAM).
ISSA will draw on South Africa’s National Space Strategy and forge partnerships, transfer technology, and develop human capital.
A core focus will be job creation and skills development. Africa’s space economy will require engineers, data scientists, satellite technicians, and policy specialists creating opportunities for both graduates and vocational learners. By connecting African talent with international partners, ISSA 2026 aims to accelerate skills development, strengthen competitiveness, and ensure that Africa’s future in space translates into meaningful economic and social impact.
“This summit is an invitation to co-author Africa’s space narrative, where ancient wisdom and 21st-century science converge to address our continent’s greatest challenges – from job creation and food security to smart cities,” says Beulah Mosupye, MD and founder of Hauweng Business Services and ISSA 2026 project lead. “We want the world to see what Africa sees when we look up. Not distance, but possibility.”