The Impotance of Social Life.

  As the sun set over the familiar neighborhoods, we as a group of friends gather at our favorite hangout spot, reminiscing about old times and sharing the current. We had been had grown up together, exploring the streets, sharing laughter, and supporting each other through thick and thin. Some of our friends are late. Over the years, we had gone or separate ways, chasing dreams and building careers. Some had moved to different cities, while others had stayed close to home. Despite the distance and varying degrees of success, our bond remained strong. On weekends as  we sat together, we couldn't help but notice the different stages of life we had each reached. Some are married with kids, while others were still pursuing their passions. Some have achieved great professional success, and others have taken  more unconventional paths. One of our friends,  had been always dreaming of starting her own business. He had taken the leap and is now running a successful startup....

Africa is blasting its way into the space race Disruptions to the space industry offer a rare opportunity to new entrants

 

Disruptions to the space industry offer a rare opportunity to new entrants


In the hours after Hurricane Katrina slammed into America in 2005, destroying large parts of New Orleans, the people co-ordinating the disaster response urgently needed satellite pictures to show them what they were facing. The first images to come in were not from the constellations launched by nasa or the space agencies of other rich countries. They were beamed to Earth by a small Nigerian spacecraft that had been launched from Russia just two years earlier.

The small cube—Nigeria’s first satellite and only the second launched by a sub-Saharan African country—did not just watch a storm, it provoked one, too. British politicians and a taxpayers’ pressure group called for a halt in development aid, saying Nigeria did not need help if it could afford a space programme. Still, the sums being spent on space by African countries back then were tiny. South Africa’s sunsat, the region’s first satellite, was built by students at Stellenbosch University and hitched a free ride on a nasa rocket. Nigeria’s spacecraft cost just $13m.

THE ECONOMIST TODAY

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