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Satnews Daily
June 24th, 2009

Russian Rubles To Be Gained For Launching African Satellites

Russian news agencies quote Russia's space agency chief as saying Russia plans to launch satellites for Angola and South Africa.

Interfax quoted Anatoly Perminov as saying in Cairo on Wednesday that Russia will launch a South African satellite within the next month. According to Interfax and ITAR-Tass, Perminov also said he hopes financing arrangements for the launch of an Angolan satellite can be worked out during President Dmitry Medvedev's visit to Angola this week. He said a contract dealing with the technical issues in relation to the launch has already been signed. Russia has been using its satellite launch capabilities to bring in revenue. Medvedev was headed from Egypt to Nigeria on Wednesday on a trip that will also take him to Angola and Namibia.