
Space42, Microsoft, and Esri launch initiative to digitally map all of Africa
Space42, the UAE-based AI-powered SpaceTech company under technology group G42, has signed a Memorandum of Understanding (MoU) with Microsoft and Esri to launch the Map Africa Initiative, a groundbreaking effort to produce the most comprehensive base map of the African continent. The project will span all 54 African countries and serve more than 1.4 billion people, delivering high-resolution, scalable maps designed to close infrastructure, investment, and institutional data gaps.
The initiative, which was unveiled during
Hasan Al Hosani, CEO of Smart Solutions at Space42, commented: 'Partnership is core to the UAE's DNA, and is central to how Space42 operates. This collaboration with Microsoft and Esri is more than technical; it's strategic. It advances Space42's business priorities, strengthens our role as a trusted partner to governments, and delivers meaningful benefits to communities across Africa. Accurate, high-quality mapping and the intelligence solutions built on it are essential for growth, resilience, and inclusive innovation. With reliable data, communities and economies prosper.'
The mapping process will be a fully integrated effort among the three partners. Space42 will lead the initiative's fundraising, project management, and data provision through sovereign and commercial satellite sources. It will apply AI-powered Digital Twin models to process the data and deliver dynamic, sector-specific outputs, while also driving the research and development agenda for new AI models and automation technologies in map production.
Jack Dangermond, Esri and Hasan Al Hosani, Space42
Esri will manage the base map production workflows by leveraging its GeoAI and remote sensing tools. The company will also support the establishment of regional hubs across Africa to train local talent and build long-term capacity. Meanwhile, Microsoft will provide secure cloud infrastructure and an AI framework through Azure, enabling the seamless processing, sharing, and integration of data at scale.
Read:
Jack Dangermond, president of Esri, said: 'We are proud to support the Map Africa Initiative in partnership with Space42. Transforming satellite imagery into detailed, accurate base maps at continental scale requires advanced geospatial technology and professional production workflows. These same capabilities have supported similar national and regional mapping efforts around the world. With Map Africa, we are helping to establish a foundational resource that will drive infrastructure planning, economic growth, and sustainable development across the continent.'
The Map Africa Initiative
The Map Africa Initiative responds to widespread concerns over fragmented, outdated, or inaccessible geospatial data across Africa. By producing accurate, timely, and locally managed mapping solutions, the project seeks to enable more effective land use, disaster response, and infrastructure planning. The data will be licensed to national governments, allowing long-term maintenance and updates by local mapping agencies. In parallel, the initiative is expected to stimulate a new ecosystem of African startups working with geospatial analytics and AI solutions.
For Space42, the initiative marks a strategic expansion into Africa, reinforcing its role as a preferred partner for governments in need of advanced geospatial capabilities. It also unlocks commercial opportunities in data licensing, infrastructure support, and analytics services, positioning the company for long-term growth in new markets.
Peng Xiao, group chief executive officer at G42, said: 'We believe intelligence is the foundation for societal progress, yet it remains out of reach for millions across the Global South. This partnership is a decisive step toward closing that gap. Together with our partners, we will deliver AI-powered insights that enable African nations to plan smarter, build better, and grow more sustainably and responsibly. From agricultural optimization and natural resource management to strengthening public services infrastructure and economic empowerment, this partnership will help turn data into development, and intelligence into impact.'
He added: 'G42's partnership with Microsoft represents a shared commitment to harnessing AI as a global force for good. Together, we are building the infrastructure and applications that will extend the benefits of intelligence to communities across the world, transforming lives through technology that is trusted, responsible, and inclusive.'
The initiative also aligns closely with the UAE's strategic investment agenda in Africa. With $44bn invested in 2024 alone, the UAE remains the continent's largest foreign investor. By exporting AI and space-enabled technologies through platforms like Space42, the UAE is reinforcing its leadership in digital transformation, supporting both its own innovation goals and those of partner nations across the Global South.
As the project moves forward, data generated from Map Africa will be hosted in Microsoft and G42-managed data centers across the continent, ensuring accessibility and sovereignty for local stakeholders. In doing so, the initiative is expected to deliver meaningful progress on the ground—transforming the way African nations manage resources, deliver services, and chart a more connected, intelligent future.

Try Our AI Features
Explore what Daily8 AI can do for you:
Comments
No comments yet...
Related Articles


Khaleej Times
24 minutes ago
- Khaleej Times
UAE's GDP to surge stronger in 2026 on back of buoyant financial system: CBUAE
The overall growth trajectory of the UAE economy is expected to continue its upward trend, with the Central Bank of the UAE (CBUAE) forecasting 4.4 per cent growth in 2025 and a stronger rise to 5.4 per cent in 2026. Unveiling its 2024 Financial Stability Report, the apex bank portrayed a buoyant financial system and projected reassuring economic growth for the years ahead. The optimistic outlook is reinforced by independent forecasts from the International Monetary Fund (IMF) and the World Bank, offering further validation of the UAE's stability and resilience. CBUAE's report highlights that real GDP grew by four per cent in 2024. Non‑hydrocarbon sectors led the charge, expanding by around five per cent, while the hydrocarbon sector rebounded modestly by one per cent. Independent institutions echo this confidence. The IMF projects real GDP growth of roughly four per cent in 2025, increasing to five per cent in 2026. The World Bank has revised its estimates upward, now forecasting UAE GDP growth of 4.6 per cent in 2025 and 4.9 per cent in both 2026 and 2027, with the non‑oil economy expected to expand by 4.9 per cent in 2025. Meanwhile, the World Bank projects GCC-wide growth of 3.2 per cent in 2025, rising to 4.5 per cent in 2026. CBUAE Governor Khaled Mohamed Balama emphasised that prudent policies, robust fundamentals, and proactive regulatory frameworks have helped insulate the UAE from growing global risk and support sustained momentum. This aligns with national strategies and global leadership aspirations, as the financial system evolves to support long-term economic vision and growth . Growth drivers in 2025–26 are expected to include both oil and non‑oil sectors. Hydrocarbon-related GDP is forecast to grow by 4.1 per cent in 2025 and surge by 8.1 per cent in 2026 amid easing Opec+ production quotas. Non‑hydrocarbon activity is likely to sustain a 4.5 per cent growth rate over both years, backed by public investment, diversification strategies, and private-sector dynamism. International observers highlight the UAE's capacity to maintain stronger-than-average growth compared to its regional peers. As the IMF notes, GCC growth is projected at 3 per cent in 2025 and 4.1 per cent in 2026, while non‑oil exporters in Mena continue to face slower prospects amid global uncertainty. The World Bank stresses that careful public spending in infrastructure, education, and green energy is key to translating growth into resilience across the region. According to economists, in practical terms, the outlook suggests that the UAE will remain a magnet for investment and capital inflows, supported by surpluses, moderate inflation, and stable sovereign buffers. The World Bank anticipates the current account surplus standing at around 6.2 per cent of GDP in 2025, rising further to 6.4 per cent in 2026. Job creation is expected to remain healthy as well, with employment growth projected at 3.3 per cent in 2025 and an unemployment rate holding at around 2.1 per cent. In sum, CBUAE's 2024 Financial Stability Report, supported by independent global institutions, presents a compelling picture of a UAE economy underpinned by safeguarding regulations, innovation, and prudent fiscal management. 'With diversified growth engines firing across oil, finance, tourism, and logistics, enhanced oversight structures, and digital transformation marking progress, the outlook through 2025 and 2026 is decidedly optimistic,' says Sunil Ambalavelil, a leading financial and legal consultant. 'The UAE appears well positioned to deliver sustained stability, moderate but steady expansion, and resilience even against a shifting global economic backdrop,' Ambalavelil added. These forecasts provide robust endorsement of the CBUAE's internal projections and reflect international confidence in the UAE's economic strategy—particularly its diversification and reform agenda. CBUAE emphasises that the stability of the financial system is underpinned by strong capital and liquidity buffers, improved asset quality, and effective macro‑prudential regulations. The introduction of the UAE Financial Stability Council in 2024 has enhanced coordination among key stakeholders, facilitating faster responses to systemic risks and improving oversight. Stress tests commissioned by CBUAE confirmed banks' ability to withstand adverse scenarios while continuing to extend credit and maintaining sufficient capital above regulatory minimal. The report also notes resilience among non‑bank financial institutions. The insurance sector saw written premiums rise 21.4 per cent in 2024, reaching Dh64.8 billion, while finance companies and money exchanges maintained healthy capital and liquidity positions. Digital innovation accelerated in 2024 with expanded FinTech adoption and rollouts like the Domestic Card Scheme 'Jaywan', the Aani Instant Payment Platform, and the advancing 'Digital Dirham' central bank digital currency pilot—these initiatives bolstered efficiency, inclusion, and systemic resilience, the report said.


Khaleej Times
24 minutes ago
- Khaleej Times
Oil prices defy Opec+ hike as geopolitical risks, supply tightness lend support
Oil prices rose on Monday despite Opec+ confirming it will raise output in September, as a combination of tight inventories, renewed geopolitical tensions and expectations of US interest rate cuts offset concerns about increased supply. The day's rally came after early-session weakness pushed crude to its lowest in a week. By mid-morning, Brent crude was trading at $69.48 per barrel, up 0.30 per cent from Friday's close of $69.27. West Texas Intermediate (WTI) gained 1.86 per cent to $66.77 per barrel from $65.55. Later in the day, Brent crude futures fell $1.17, or 1.7%, to $68.50 a barrel by 1127 GMT. US West Texas Intermediate crude declined $1.26, or 1.9%, to $66.07. Both contracts lost about $2 on Friday. The alliance of major oil producers, including Saudi Arabia, Russia, Iraq, the UAE, Kuwait, Kazakhstan, Algeria and Oman, confirmed on Sunday that they will raise collective output by 547,000 barrels per day (bpd) in September compared to August levels. This adjustment is part of a phased unwinding of the 2.2 million bpd in voluntary cuts introduced on April 1, in four equal monthly increments. The group stressed the plan remains flexible, with the possibility of pausing or reversing the increases should market conditions warrant it. Opec's communiqué cited healthy market fundamentals, reflected in low inventories, and a broadly steady global economic outlook. That backdrop was challenged, however, by fresh US labour market data that fell well short of expectations, reviving speculation that the Federal Reserve could cut interest rates as early as September. The US economy added just 73,000 jobs in July, according to the Labour Department, far below forecasts. Lower rates tend to weaken the dollar, making oil cheaper for non-dollar buyers and potentially boosting demand. US President Donald Trump has publicly urged the Fed to cut rates, heightening market bets on a policy shift. At the same time, Trump's increasingly combative exchanges with former Russian president Dmitry Medvedev have reintroduced concerns about global energy security. Trump disclosed on Sunday that two US nuclear submarines had been deployed 'where they need to be' following Medvedev's warning that US pressure over the Ukraine conflict risked escalating into a broader confrontation. Trump has also threatened sweeping secondary sanctions and tariffs on Russian oil buyers unless Moscow ends the war in Ukraine within days. Analysts say such measures could disrupt up to 2.75 million bpd of seaborne Russian crude, forcing major importers such as India and China to source alternative—and likely more expensive—supplies. Vijay Valecha, chief investment officer at Century Financial, said the market's reaction reflected a tug of war between the bearish implications of more Opec+ supply and the bullish potential of sanctions-driven disruptions. 'While the 547,000 bpd increase is designed to regain market share, the escalating geopolitical risks surrounding Russian oil could significantly tighten global supply,' he said. 'If sanctions remove substantial Russian volumes from the market and global demand holds, the supply–demand balance could shift decisively in favour of higher prices.' Technical indicators suggest the rebound could have further to run. WTI has tested and bounced off its 100-day exponential moving average near $65.99 and may look to challenge resistance at the 200-day simple moving average of $67.48. Brent has similarly found support near its 200-day moving average at $68.95, with the next upside target around $71.26. Frank Walbaum, market analyst at Naga, said traders remain alert to the dual forces at play. 'Potential disruptions to Russian crude shipments, especially to Asia, could underpin prices as Trump's secondary tariff deadline approaches,' he noted. 'While extra Opec+ supply may weigh on prices, the group's readiness to adjust output in response to market signals adds a layer of uncertainty.' Market sentiment will also be shaped by the pace of Opec+'s supply unwinding beyond September. Should prices come under sustained pressure, the group may slow or reverse the rollback of cuts. Conversely, if geopolitical tensions drive prices higher, producers could stick with planned increases to safeguard market share. The immediate outlook for oil hinges on whether geopolitical risks translate into real supply losses, and whether demand remains resilient in the face of mixed economic data. The International Energy Agency (IEA) has projected that oil demand growth will slow in 2025 to about 1 million bpd from 2.2 million bpd in 2024 as post-pandemic rebounds fade and energy transition policies gather pace. But it warns that any significant disruption to Russian exports could tighten balances sharply. On the supply side, global inventories remain below five-year averages, a factor that continues to provide underlying support. The US Energy Information Administration recently reported that US commercial crude stocks fell by 3.5 million barrels in the last week of July, while product inventories also declined.


Khaleej Times
24 minutes ago
- Khaleej Times
Dubai real estate sales on the rise again as July delivers growth in value, volume
The Dubai real estate market continued along its upward path in July, producing the highest number of property transactions this year, and the second-best monthly sales performance on record in terms of value and volume. A market update issued by fäm Properties reveals that last month brought a total of 20,304 property sales - a 24.9 per cent year-on-year increase – worth a total of Dh65 billion, a 29.5 per cent leap in value on the same month last year. Apartment sales showed a 28.1 per cent year on year growth to 16,272 deals valued at Dh32.2 billion, while the biggest sector leap saw commercial property transactions rise by 57.8 per cent to 606 worth Dh1.5 billion. Villa sales of Dh19.3 billion were up by 6.4 per cent in volume to 2,988 compared with the same month last year, while plot sales rose by 22.3 per cent to 438 transactions worth Dh12 billion. The average price per sq. ft was up by 9.5 per cent to Dh1,649 compared with July last year. Data from DXBinteract shows Dubai property sales in July have now soared over the last five years - from Dh4.5 billion (2,300 transactions) in 2020 to Dh11.2 billion (4,400) in 2021, Dh21.3 billion (7,200) in 2022, Dh37.8 billion (11,200) in 2023 and Dh50.2 billion (16,300) in 2024. Firas Al Msaddi, CEO of fäm Properties, said: 'The level of activity last month once gain underlines the strength and maturity of Dubai's real estate sector. Dubai has shown it can sustain growth through different cycles, supported by clear regulation, strong investor sentiment, and a steady pipeline of new opportunities. July's figures are another clear signal that confidence in the market remains high, both locally and internationally.' The most expensive apartment sold during the month went for Dh174 million at Aman Residences Dubai, Tower 1 at Jumeirah Second. The top performing area in terms of overall value was Wadi Al Safa 3 with 1,210 property sales worth 6.011 billion. The top performing area in terms of volume was Al Barsha South which produced 1,846 transactions valued at Dh2.047 billion. With properties worth more than Dh5 million accounting for 13 per cent of total sales, 37 per cent came in the Dh1-2 million range, 25 per cent below Dh1 million, 14 per cent between Dh2-3 million and 11 per cent between Dh3-5 million. Overall, first sales from developers were significantly greater than those of resales - 71 per cent over 29 per cent in terms of volume, and 65 per cent against 35 per cent in overall value.