Sentech Invites Private Partners for its USD 300 Million Satellite Project
Sentech has announced that that they are now calling for private partners to join it’s USD 300 Million communications satellite project.
From an investment perspective, we are looking at a capital investment of USD 300 million. This amount will cover the lifespan of the satellite, which is 20 years. We propose that we go on a private-public partnership model and invite other players, such as entrepreneurs. The idea is to build a medium-sized high-throughput satellite that will cover the region and be able to provide services.
We are trying to bridge the digital gap and ensure that rural areas and other places outside urban centres are not left out of the digital economy.
It is our national satellite programme, but we call it the Pan-African satellite because it will cover the whole region.
Flenk Mnisi, Head of Media and Broadcast, Sentech