Abu Dhabi’s Space42 Plans Fundraising to Take on Musk in Africa

Abu Dhabi’s Space42 goes after Starlink

Abu Dhabi’s Space42 is eyeing expansion into Africa, where broad swaths of the continent still have no internet. A competitor to Elon Musk’s Starlink, Space42 has already connected schools and clinics in South Africa and Zimbabwe and is in early discussions with the African Union Development Agency and existing partners like Microsoft and data center firm Esri, as well as other financial firms, to raise funds, CEO Hasan Al Hosani told Bloomberg.…

Abu Dhabi’s Space42 Plans Fundraising to Take on Musk in Africa

Abu Dhabi’s Space42 is in talks to raise funds to help the satellite communications company expand in Africa and challenge Elon Musk’s Starlink service, which is already operating in eighteen countries on the continent.

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The battle for Africas satellite internet market is heating up as Abu Dhabi-based Space42 moves to raise fresh funds for its expansion across the continent, positioning itself to challenge Elon Musks Starlink service, which has already gained traction in Nigeria and 17 other African countries.The post Abu Dhabis Space42 eyes Africa expansion to challenge Elon Musks Starlink in Nigeria, others appeared first on Nairametrics.

Space tech player targets Musk in Africa

Abu Dhabi-based satellite company Space42 is reportedly looking to raise capital to ramp competition with Elon Musk’s Starlink in Africa, which built a strong footprint across the continent. Bloomberg reported Space42 entered talks with partners including Microsoft, the African Union Development Agency, data centre company Esri and financial companies about securing more funds. Space42 is already backed by Abu Dhabi sovereign wealth fund Mubadal…

Abu Dhabi’s Space42 eyes Africa expansion to challenge Elon Musk’s Starlink in Nigeria, others

The battle for Africa’s satellite internet market is heating up as Abu Dhabi-based Space42 moves to raise fresh funds for its expansion across the continent, positioning itself to challenge Elon Musk’s Starlink service, which has already gained traction in Nigeria and 17 other African countries.  The post Abu Dhabi’s Space42 eyes Africa expansion to challenge Elon Musk’s Starlink in Nigeria, others  appeared first on Nairametrics.