The activities of man in space environment have resulted in several disused satellites, rockets, and fragments of these and other machines being littered over the Earth’s orbit thereby interfering with the smooth operations of active and useful spaced based technologies. In this paper we reviewed relevant literatures in order to comprehend the meaning, sources, categories and impact of Space debris. The paper also identifies solution being proffered by various nations and researchers. From the review we found that more needs to be done because of some limitations. The review is aimed at creating awareness and adding to existing literatures on the subject.