advancing science, through in service, public and professional training, internships and graduate/ school education. Most of this capital will initially be global, given the budget constraints of many African countries to establish formal space programmes and agencies, especially in hosting projects and training graduates but eventually, African entrepreneurs will be just as capable of establishing a localised space sector economy to provide our own forms of capital, which will be truly essential to profit from space and the opportunities detailed throughout this Chapter, to fulfil the aspired objectives and official space agency functions, partially outlined in 2.1.. We need to inspire and take advantage of local graduates those –for that we dream of… the incentive and remain willing to try to create our own space economy. Enticement of science, mathematics, technology and engineering just astronomy is more than academia as a –not –there vocational path of the future, the dissuading of migration abroad to those who do not feel their destinies are locally possible… We have to prevent their loss to the economic, social and scientific future of Africa and the spirit/ culture of the African Renaissance Table 7: Potential Space Sector Economy Benefits. This Study Economic Employment and Expenditure, trade and investment markets, – planning development, resource prospecting, improved balance of payments/ foreign reserves economic dependence –less Research/ Scholarship (3.7), Technological See 3.6 broadcasting, navigation –satellites –telecommunication, Social Health and epidemics, Crime, safety, lower vices, – –disease Protection and Adaptation Security of satellite surveillance and tracking/ monitoring –defence meteorology/ climate and natural disasters Environmental Astronomy reserves, lowering externalities, improving environmental quality/ reducing pollution, observation, climate change and management of natural resources, including biodiversity, greenhouse gas emission monitoring, averting poaching Psychological Inspiration, social inclusion and patriotism, morale and spirit increased productivity dependence –less Human capital formation/ education Vocational opportunities, training, increased productivity and employability skills Reputational/ Diplomatic Increased international cooperation and diplomacy –peace Table 7 provides more advantages of a space research programme. Aside from the aforementioned macro and microeconomic opportunities which should ultimately create far less economic dependence from the world as we Africans’ manufacture our own space facilities, satellites, equipment and technology, as we host our own entrepreneurs, train our own graduates, increasing exports, while reducing imports to improve
advancing science, through in service, public and professional training, internships and graduate/ school education. Most of this capital will initially be global, given the budget constraints of many African countries to establish formal space programmes and agencies, especially in hosting projects and training graduates but eventually, African entrepreneurs will be just as capable of establishing a localised space sector economy to provide our own forms of capital, which will be truly essential to profit from space and the opportunities detailed throughout this Chapter, to fulfil the aspired objectives and official space agency functions, partially outlined in 2.1.. We need to inspire and take advantage of local graduates –for those that we dream of… the incentive and remain willing to try to create our own space economy. Enticement of science, mathematics, technology and engineering –not just astronomy –there is more than academia as a vocational path of the future, the dissuading of migration abroad to those who do not feel their destinies are locally possible… We have to prevent their loss to the economic, social and scientific future of Africa and the spirit/ culture of the African Renaissance Table 7: Potential Space Sector Economy Benefits. This Study Economic – Employment and Expenditure, trade and investment markets, planning development, resource prospecting, improved balance of payments/ foreign reserves –less economic dependence Research/ Scholarship (3.7), Technological See 3.6 –satellites –telecommunication, broadcasting, navigation Social – Health –disease and epidemics, Crime, safety, lower vices, Protection and Adaptation Security –defence of satellite surveillance and tracking/ monitoring meteorology/ climate and natural disasters Environmental Astronomy reserves, lowering externalities, improving environmental quality/ reducing pollution, observation, climate change and management of natural resources, including biodiversity, greenhouse gas emission monitoring, averting poaching Psychological Inspiration, social inclusion and patriotism, morale and spirit increased productivity –less dependence Human capital formation/ education Vocational opportunities, training, increased productivity and employability skills Reputational/ Diplomatic Increased international cooperation –peace and diplomacy Table 7 provides more advantages of a space research programme. Aside from the aforementioned macro and microeconomic opportunities which should ultimately create far less economic dependence from the world as we Africans’ manufacture our own space facilities, satellites, equipment and technology, as we host our own entrepreneurs, train our own graduates, increasing exports, while reducing imports to improve