NigComSat: Nigeria’s Satellite Company Still Not Profitable 14 Years After Launch
When the Nigerian Communication Satellite company, NigComSat, was incorporated in 2006, the government had ambitious plans to make it world-class. The country’s excitement overflowed the following year with the launch of Sub-Saharan Africa’s first geostationary communication satellite. By April, it will be 14 years since the journey started, but NigComSat’s scorecard remains unsatisfactory. Domiciled under the Federal …
Read more “NigComSat: Nigeria’s Satellite Company Still Not Profitable 14 Years After Launch”