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06.06.26 - 07:06
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Nigerian Startup Bets Big on Drones (Bloomberg)
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As drone attacks become increasingly common across the Sahel, Nigerian startup Terra Industries is expanding into Ghana and scaling production of drone and counter-drone systems. Backed by $34 million from investors including Palantir co-founder Joe Lonsdale and Lux Capital, the company aims to produce tens of thousands of systems over the coming years as governments across the region bolster their defenses. (Source: Bloomberg)...
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04.06.26 - 08:42
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Nigeria Eyes Debt Refinance Amid Investor Sentiment on Oil Spike (Bloomberg)
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Nigeria plans to refinance high-cost debt and raise funds to to help plug its budget deficit, leveraging strong investor confidence amid elevated oil prices fueled by the US-Iran conflict. Finance Minister Taiwo Oyedele spoke to Bloomberg's Jennifer Zabasajja in London. (Source: Bloomberg)...
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