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Business · AbujaPalantir Technologies Inc. co-founder Joe Lonsdale has led an investment in a Nigerian defense technology startup expanding drone manufacturing as security risks intensify across Africa.See the Story
Nigeria: Palantir Co-Founder Backs Nigerian Startup Terra in $11.8m Round
67% Center coverage: 3 sources

Ibadan · IbadanMetro Africa Xpress (MAX), a Nigerian mobility financing startup, has raised $24 million in an equity and debt funding round as it continues its transition to electric mobility financing in West and Central Africa after hitting profitability in Nigeria. The equity round saw participation from Equitane DMCC, Novastar, Endeavor Catalyst, and other global investors, alongside asset-backed debt from the Energy Entrepreneurs Growth Fund (EEGF) and a…See the Story
