Africa Matters

Elon Musk’s Net Worth Now Surpasses South Africa’s GDP

Edson Baraukwa | Africa Guardian South Africa-born entrepreneur Elon Musk, CEO of Tesla and SpaceX, has seen his net worth soar to over $440 billion (R7.8 trillion), according to the Bloomberg Billionaires Index. This milestone cements Musk as the world’s richest individual and places his fortune above South Africa’s Gross Domestic Product (GDP), which stood at $377.78 billion in…

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Tanzania set to launch its own satellite into space

Dar es Salaam. President Samia Suluhu Hassan revealed that Tanzania is planning to build its own satellite and that negotiations to reach the scientific milestone have already begun. Summary Should the plan materialize, Tanzania will join Kenya and Uganda, which have developed and launched satellites into space in the past six months. The President, who was speaking at Azam…

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Elon Musk’s tech firm eyes Kenya entry by June

Elon Musk’s satellite Internet firm Starlink announced it will launch in Kenya in the second quarter of this year, posing competition to other players in the industry including Safaricom and Zuku. The billionaire technology entrepreneur’s company announced it is “pending service coverage or regulatory approval”. Kenyans, however, can order and deposit an amount of Ksh12,260 ($99) which is fully…

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