Business
U.S. Tech Powerhouse Joe Lonsdale Pumps $11.7M into Nigerian Defence Drone Startup and A Strategic Turning Point for African Security and Innovation
U.S. Tech Powerhouse Joe Lonsdale Pumps $11.7M into Nigerian Defence Drone Startup and A Strategic Turning Point for African Security and Innovation.
By George Omagbemi Sylvester | Published by saharaweeklyng.com
“How Terra Industries, Led by Gen-Z Founders, Aims to Secure Africa’s Critical Infrastructure with Homegrown Autonomous Systems.”
In a landmark development that could reshape Africa’s security technology landscape, American tech billionaire and Trump ally Joe Lonsdale has led a significant $11.7 to 11.8 million funding round into a Nigerian defence technology startup, Terra Industries (formerly Terrahaptix). The investment round, led by Lonsdale’s venture capital firm 8VC, marks one of the largest ventures into Africa’s nascent defence tech sector and signals growing global investor confidence in African innovation grounded in real security challenges.
This strategic infusion of capital has immediate geopolitical, economic and technological implications, but not just for Nigeria but for the entire African continent. It offers hope that African nations can one day escape dependence on foreign military hardware by developing homegrown capabilities tailored to local realities.
Terra Industries: A Homegrown Response to African Security Needs.
Founded in 2024 by two young Nigerian entrepreneurs, Nathan Nwachuku (22) and Maxwell Maduka (24), Terra Industries is more than just a drone maker. Based in Abuja, the company develops and manufactures sophisticated autonomous systems (including long-range and mid-range drones, autonomous sentry towers and (UGVs) unmanned ground vehicles) designed to enhance surveillance, threat detection and response in areas where traditional security forces are overstretched.
According to official statements, Terra’s systems are already deployed to protect critical infrastructure valued at an estimated $11 billion, including hydropower plants in Nigeria and mining operations (gold and lithium) in Ghana. These are facilities that form the backbone of industrial expansion across West Africa but are increasingly vulnerable to insurgent attacks, sabotage and theft.
Terra’s mission encapsulates a pivotal shift: “to give Africa the technological edge needed for resource protection and counterterrorism,” co-founder Nwachuku emphasized, underscoring the urgency of addressing insecurity if economic progress is to endure.
Joe Lonsdale and 8VC: Strategic Capital Meets African Security Tech.
Joe Lonsdale, co-founder of Palantir Technologies and founder of 8VC, has long been a driving force in the global defence-tech ecosystem. His involvement in Terra’s funding round highlights a new frontier: Africa’s security challenges as a technology market.
8VC’s broad investor base in this round includes heavyweight venture firms such as Valor Equity Partners, Lux Capital, SV Angel, Leblon Capital GmbH, Silent Ventures LLC, Nova Global and angel investor Meyer Malka. As noted by multiple reports, Alex Moore (a partner at 8VC and a non-executive director at Palantir) has also joined Terra’s board, signaling a deep and sustained commitment beyond mere capital.
This backing places Terra in an elite category of high-potential defence startups at a time when global investors are increasingly targeting deep tech and sovereign security solutions. According to TechCabal, Terra’s seed round “sets it apart from a wave of smaller regional players” and signals rapid growth in investor confidence in organisations that offer scalable hardware and software defence solutions.
In the words of a respected global security analyst, “Investment in Africa’s defence tech is a defining moment, where necessity intersects with innovation. Investors today recognise that insecurity is not just a social problem but an economic barrier that tech can help dismantle.”
Why This Investment Matters: Africa’s Insecurity Landscape.
Africa’s security environment has deteriorated sharply in recent years, especially across the Sahel and West Africa. Extremist groups, including factions linked to Islamic State and al-Qaeda, have expanded operations from Mali through Burkina Faso to Nigeria. Governments struggle with stretched security forces, limited budgets and vast terrains that are difficult to monitor using conventional methods.
In this context, autonomous systems (drones, sensors, and networked defence platforms) can play a decisive role in deterrence, early warning and operational response. According to defence industry expert Dr. Marcus Rockefeller, “Autonomous technologies are the force multipliers of the 21st century. They allow nations with limited manpower to monitor vast areas, respond faster and reduce human risk in dangerous environments.”
Terra’s focus on integrating hardware and software into a comprehensive platform (reportedly including an operating system known as ArtemisOS) creates a sophisticated, unified battlefield picture that security forces can leverage in real time. This approach mirrors trends in Western defence tech but is uniquely tailored to African terrains and threats.
The Implications for Nigeria’s Industrial and Security Policy.
Nigeria, Africa’s largest economy, has long battled domestic and regional security threats, from Boko Haram and ISWAP in the northeast to banditry in the northwest. Despite decades of military spending, reliance on imported hardware and foreign training programmes, substantive progress has been elusive.
Terra’s rise signals a potent alternative: local innovation forging local solutions. As the World Bank notes, investment in technology and infrastructure resilience is essential for sustainable growth. Local manufacturing (especially in high-tech sectors) boosts job creation, builds technical ecosystems, and reduces dependency on external suppliers.
Professor Nkechi Onyema, an expert in African industrial development, observes: “When young Africans solve African problems, the solutions are not just technologically sound but contextually relevant. This is the moment Africa needs an era where we do not just import defence tech but pioneer it.”
What’s Next: Scaling, Security and Global Partnerships.
The new funding will be directed toward expanding manufacturing capacity, deepening Terra’s software capabilities, and supporting broader cross-border security and counter-terrorism deployments across Africa. Terra has signaled its ambition to become Africa’s first true defence prime which is a company capable of serving governments, infrastructure operators and strategic partners with scalable, sovereign technology.
Analysts say this model could reduce Africa’s reliance on foreign defence contractors and a dependency that historically left African governments beholden to external geopolitical interests.
Yet challenges remain: ensuring ethical use of autonomous systems, regulatory frameworks across multiple jurisdictions and balancing defence and civil liberties remain complex. Still, as African security landscapes evolve, the need for smart, local and scalable solutions is undeniable.
Final Take.
Joe Lonsdale’s investment in Terra Industries is more than a financial transaction, though it is a strategic vote of confidence in Africa’s capacity to lead technologically in the face of its greatest security challenges. It is a call to action for governments, private sector partners and young innovators across the continent to unite around a shared vision: security forged with African ingenuity and global collaboration.
In the words of Terra co-founder Nathan Nwachuku, “The future of African security must be shaped by Africans. We are determined to lead that future with solutions that are powerful, affordable and built for us.”
This pivotal moment is not just about drones. It is about Africa asserting technological sovereignty and a future where African defence innovation stands shoulder-to-shoulder with the world’s best.
Business
Aare Adetola EmmanuelKing Felicitates Olofin of Ilisan Remo on 86th Birthday
Aare Adetola EmmanuelKing Felicitates Olofin of Ilisan Remo on 86th Birthday
The Borokinni of Ilishan Remo, Sir Aare Adetola EmmanuelKing KOF, has extended warm birthday felicitations to the Olofin of Ilisan Remo, His Royal Majesty, Oba (Dr.) Barr. Michael Olufemi Mojeed Sonuga Daniyan II, as the revered monarch celebrates his 86th birthday anniversary.
In a statement released to commemorate the royal father’s birthday, Aare Adetola EmmanuelKing described the monarch as a symbol of peace, wisdom, progress, and exemplary royal leadership, whose reign has continued to bring honor and development to Ilisan Remo.
According to him, since ascending the revered throne of his forefathers, the Olofin has consistently demonstrated purposeful leadership and unwavering commitment to the unity, growth, and cultural advancement of the kingdom, while fostering peace and harmony among the people.
He further noted that the monarch’s reign has inspired pride and confidence among indigenes of Ilisan Remo both at home and in the diaspora, adding that Kabiyesi’s dedication to community development and preservation of tradition remains highly commendable.
The Borokinni prayed for continued divine grace, sound health, long life, and greater wisdom for the royal father as he continues his impactful reign on the throne of his ancestors.
“On behalf of my family, associates, and well-wishers, I heartily congratulate His Royal Majesty, Oba (Dr.) Barr. Michael Olufemi Mojeed Sonuga Daniyan II, the Olofin of Ilisan Remo, on the joyous occasion of his 86th birthday. May Almighty God continue to strengthen Kabiyesi with peace, sound health, and many more years of fruitful reign,” he stated.
Business
Aliko Dangote Foundation, WEF Unveil 2026 YGL Aliko Dangote Fellows
Aliko Dangote Foundation, WEF Unveil 2026 YGL Aliko Dangote Fellows
…Spotlighting Africa’s Next Generation of Change Leaders
World Economic Forum (WEF) in partnership with the Aliko Dangote Foundation (ADF) has announced the 2026 cohort of the Young Global Leaders (YGL) Aliko Dangote Fellows, highlighting a new generation of African leaders committed to expanding opportunity and strengthening institutions across the African continent.
The Fellowship serves as a critical bridge between Africa’s emerging changemakers and the global Young Global Leaders network, fostering collaboration, knowledge exchange, and sustainable development. The YGL Aliko Dangote Fellowship supports high-impact African leaders by enabling their full participation in the Forum of Young Global Leaders (YGL) programme and broader WEF activities.
WEF said the 2026 YGL Aliko Dangote Fellows represent diverse professional backgrounds spanning healthcare, technology, entrepreneurship, and advocacy across sub-Saharan Africa. The newly selected fellows are Dr. Esperance Luvindao; Charlot Magayi, Founder of Mukuru Clean Stoves; Rewa Udoji, Founder of Cranstoun; Dr. Stephen Modise; Dr. Musa Kika; Hatim Eltayeb; Kemi Lala Akindoju; and Vimbai Masiyiwa.
With a strong emphasis on empowering women leaders, the Fellowship is designed to support Africans shaping solutions to pressing social and economic challenges while strengthening leadership capacity across key sectors.
Over the past 14 years, the Aliko Dangote Foundation–powered Fellowship has supported more than 130 young African leaders, providing access to Davos meetings, executive education opportunities, and influential peer networks that amplify African voices on the global stage.
Commenting on the announcement, Fatima Aliko Dangote, Trustee of the Aliko Dangote Foundation and Group Executive Director, Oil & Gas, Dangote Industries Limited, described the 2026 fellows as “leaders who will expand opportunity and strengthen institutions, advancing Africa on its own terms.”
She added: “Africa’s future will be defined by the strength of its people. When the right leaders—especially women—are empowered and given a global voice, they do not just lead; they reshape what is possible. That is why we invest in people: because it is the surest path to lasting global prosperity, stability, and self-determination. The 2026 cohort embodies this vision.”
According to her: the 2026 YGL Aliko Dangote Fellows represent that future leaders who will expand opportunity and strengthen institutions, advancing Africa on its own terms while helping define a world whose future will be shaped by the continent.
She explained that the idea behind the YGL Aliko Dangote Fellowship is to cultivate, empower, and support exceptional African leaders under 40, ensuring they have the resources to participate in the World Economic Forum (WEF)’s Young Global Leaders (YGL) community. It specifically aims to accelerate their impact on the continent and globally.
Details of the new fellows in the announcement indicated that; Hatim Eltayeb, is the Chief Executive Officer of African Leadership Academy, strengthening one of the continent’s most important leadership institutions; Dr Esperance Luvindao, Namibia’s Minister of Health and Social Services, combining clinical experience with digital health and grassroots innovation; Charlot Magayi, the Kenyan founder of Mukuru Clean Stoves, linking clean energy, public health and livelihoods; Dr Stephen Modise, Botswana’s Minister of Health, bringing a data-driven approach to public health reform.
Dr Musa Kika, Executive Director of the Institute for Human Rights and Development in Africa, using law to defend constitutionalism and civic space; Rewa Udoji, the Nigerian artist and finance professional whose work bridges culture, capital and women’s economic literacy; Kemi Lala Akindoju, the Nigerian producer and actor helping reshape the creative economy through talent development, financing and more grounded storytelling; and Ms Vimbai Masiyiwa, co-founder and Chief Executive Officer of Batoka Africa, building a model of tourism rooted in sustainability, community ownership and women’s empowerment. Together, they reflect the range of leadership the fellowship is designed to support public leaders, entrepreneurs, institution-builders and cultural actors already shaping systems in very different ways.
It would be recalled that Aliko Dangote YGL Fellowship has supported more than 90 Fellows from over 25 African countries, thus enabling full participation in the World Economic Forum’s Young Global Leaders programme through access to convenings, executive education, peer networks and global platforms.
Over that period, Fellows have taken part in more than 400 engagements across Annual Meetings, regional summits and learning modules, contributing to debates on finance, climate, health, technology and governance.
Business
Norwegian Sovereign Wealth Fund Eyes Partnership with Dangote Group on Africa Investments
Norwegian Sovereign Wealth Fund Eyes Partnership with Dangote Group on Africa Investments
The President/Chief Executive of Dangote Group, Aliko Dangote has held a high-level meeting with Nicolai Tangen, the Chief Executive Officer of Norges Bank Investment Management, the world’s largest sovereign wealth fund manager, overseeing assets valued at approximately $1.9 trillion.
At the meeting, the Norwegian investment institution expressed strong interest in partnering with Dangote Group to expand its footprint across the African continent, with a focus on strategic sectors including power, energy, renewables, agriculture, fertiliser and cement.
Also present at the meeting were Svein Tore Holsether, Chief Executive Officer of Yara International, one of the world’s leading fertiliser and agricultural companies, and Terje Pilskog, Chief Executive Officer of Scatec, a global renewable energy company.
The engagement shows growing global investor confidence in Africa’s industrial and infrastructure potential, as well as the increasing role of indigenous conglomerates such as Dangote Group in driving large-scale economic transformation.
For Dangote Group, the potential partnership represents a significant opportunity to deepen its investments across key sectors critical to Africa’s development, particularly in energy transition, food security and industrial capacity expansion.
The Norwegian sovereign wealth fund, widely regarded as a benchmark for global institutional investment, has in recent years shown increased interest in emerging markets, with Africa seen as a frontier for long-term value creation.
The collaboration between the fund and Dangote Group could unlock substantial capital flows into critical infrastructure and industrial projects, further accelerating economic growth and regional integration across the continent.
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