Nigeria and UK firm sign MOU on exclusive distribution license for NigerSat imagery worldwide
February 17, 2011 at 11:13 am | Posted in Aerospace Law Interfaces | 1 Commentby Sara M. Langston with the blog faculty
Source: All Africa
Abuja — The Nigerian federal government has expressed the determination to tap into over $200 billion revenue accruable from the sales of satellite imagery worldwide, when the national Space Research and Development Agency (NASRDA) signed a memorandum of understanding (MoU) with the DMC International Imaging Limited (DMCII), UK as the exclusive distributor for the sale of NigerSat-2 and NigeriaSat-X. [Full story]
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The UK has laid a good example for other countries to follow as shown in this iinitiative article . The rise of the economic profitability of space investments bodes well for intending space entrants, be they state or commercial actors. Space is undeniably a tool for economic development and growth in innovation, and Africa needs it.
Comment by Simon Adebola— February 21, 2011 #