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Nigerian Defence-Tech Startup Terra Industries Closes $52 Million Seed Round

ABUJA, Aug 17 – Nigerian defence-tech startup Terra Industries has closed a $52 million seed financing round, marking one of the larger early-stage funding rounds in the African defence …

Shoprite Expects Headline Earnings to Rise Up to 14.7% as Sales Reach $16.7 Billion

IHS Towers Revenue Rises to $844 Million as Costs Hit Profit

EconomyFeature
South Africa Unemployment Rate Rises to 33.6% in Q2 2026 as Jobs Decline

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Nigerian Defence-Tech Startup Terra Industries Closes $52 Million Seed Round
Steadright Secures Mining Licence for TitanBeach Titanium Project in Morocco
Nigeria Central Bank Relaxes Rule, Open OMO Market to More Investors
Thungela Resources Profit More Than Doubles on Increase in Coal Prices
South Africa Renewable Energy Plans Face Grid Capacity Problems

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Economy

Nigeria Central Bank Relaxes Rule, Open OMO Market to More Investors
by Oluebube Elechi
Morocco Sets September 1 Deadline for Several 2026 Tax Payments
by Oluebube Elechi
Nigeria Collects $19.9 Billion in Taxes as Digital Systems Expand
by Oluebube Elechi
Kenya Targets 5.7% Budget Deficit in 2027/28 as Fiscal Consolidation Continues
by Emmanuel Ebube
South Africa Unemployment Rate Rises to 33.6% in Q2 2026 as Jobs Decline
by Emmanuel Ebube
Zimbabwe Diaspora Remittances Hit $2.45 Billion in 2025 as UK Becomes Top Source
by Emmanuel Ebube

Wealth

Africa’s Ultra-Wealthy Increase Property Investments as Demand for Wealth Preservation Grows
by Emmanuel Ebube
Abdulsamad Rabiu Becomes Africa’s Second-Richest Person as Wealth Surges
by Emmanuel Ebube
Africa’s Super-Rich Are Turning to Family Offices to Protect Expanding Fortunes
by Emmanuel Ebube

More News

Nigeria Central Bank Relaxes Rule, Open OMO Market to More Investors
by Oluebube Elechi
Morocco Sets September 1 Deadline for Several 2026 Tax Payments
by Oluebube Elechi
Nigeria Collects $19.9 Billion in Taxes as Digital Systems Expand
by Oluebube Elechi
Kenya Targets 5.7% Budget Deficit in 2027/28 as Fiscal Consolidation Continues
by Emmanuel Ebube
South Africa Unemployment Rate Rises to 33.6% in Q2 2026 as Jobs Decline
by Emmanuel Ebube
Zimbabwe Diaspora Remittances Hit $2.45 Billion in 2025 as UK Becomes Top Source
by Emmanuel Ebube