Cape Town is at the centre of the global space economy as host of the International Astronomical Union (IAU) General Assembly. This is the first time in over 100 years that the event is on African soil.
The event, which began on August 6 and will end on August 15, has attracted over 1 800 delegates (80% are first-time visitors to the city). This influx is expected to significantly benefit local industries, particularly tourism and hospitality.
Held every three years, the IAU General Assembly brings together leading astronomers from around the globe to advance the field of astronomy through international collaboration. The event was secured by the Cape Town and Western Cape Convention Bureau, powered by Wesgro, in 2018.
Business events like this are pivotal to the Western Capes economy boosting visitor numbers and showcasing the regions expertise across various sectors. These gatherings directly influence foreign investment, export opportunities and tourism growth with conference delegates estimated to spend around R6400 (322) per day, according to Wesgro CEO Wrenelle Stander .
Stander said hosting the IAU General Assembly highlights the regions growing prominence in the space economy. Cape Town and surrounding areas, including Stellenbosch, have emerged as a leading hub for space startups in Africa. Companies like Simera Sense and NewSpace Systems are thriving here, focusing on specific satellite components and technologies. They leverage international partnerships and utilise local expertise and supply chains.
