A new report outlines the economic potential of Earth observation (EO) data for the African continent. The report "Unlocking the potential of Earth observation to address Africa’s critical challenges”, published by the World Economic Forum (WEF) in collaboration with Digital Earth Africa (DE Africa) on January 15, explores the prospective financial impact of DE Africa on the African economy.
The report predicts that the impact of DE Africa, a platform that prepares satellite data and imagery of the African continent in a decision-ready format for governments and industry, could surpass $2 billion per year by 2024. It mentions three key areas that will benefit from the information provided by DE Africa: the EO industry, the agricultural sector and the mining industry.
The EO industry in Africa is growing quickly. The report notes…more