Zimbabwean President Emmerson Mnangagwa launched space service Tuesday (July 10, 2018) shortly before the national elections at the end of the month. For those who do not know Nominal GDP of the country for 2016 was $ 14 billion, while Greece was $ 180 billion at the same time.
Zimbabwe National Geospatial and Space Agency will develop ground observation satellites, satellite navigation systems, unmanned air traffic vehicles, geoenvironmental and space technologies for better field cultivation, exploration of minerals, wildlife protection, infrastructure management and more.
This initiative should enhance Zimbabwe’s global reach on the production, access and use of space technology and innovation. The country’s president has pledged to deal with massive unemployment affecting more than 80% of its citizens, and in order to do so, it is trying to attract foreign investment that is likely to bring economic growth back.
Emmerson Mnangagwa also promised to bring such growth to Zimbabwe that will make it a middle-income economy by 2030, which is not an easy task if we consider the country’s past, which people are really hungry and have neither the basics goods to live.
The Zimbabwean economy faces enormous challenges, as the national currency has experienced a huge devaluation, which has had the negative effect of shattering the country’s economic equilibrium. Although Mnangagwa is now 75 years old, he seems quite active and objective to take major initiatives to restore stability to Zimbabwe.