Nation Seeks $200 Million for Satellite

Zimbabwe is actively seeking investors to partner in a new satellite project, Finance Minister Mthuli Ncube announced. This initiative aims to bolster telecommunications connectivity across the nation. The estimated cost for this endeavor is $200 million.Zimbabwe previously launched its first mini-satellite in November 2022 and a second in 2024. Supporters argue the project aims to improve digital inclusion and economic development by enhancing internet access and communication infrastructure.The government engages potential financiers to secure the necessary capital. Opponents have not raised specific objections to the project's funding or necessity.