One of U.S. President Donald Trump’s loudest and richest supporters, Joe Lonsdale, has led investors to raise $11.7 million for Terrahaptix, a Nigerian startup that builds defence drones to bolster security systems across Africa. Lonsdale is also the founder of Palantir Technologies. Terrahaptix was co-founded by 22-year-old Nathan Nwachukwu and 24-year-old Maxwell Maduka in 2024…
Facebook’s parent company, Meta, has agreed to pay President Donald Trump $25 million to settle a 2021 federal lawsuit alleging First Amendment violations and other claims following the company suspending him from Facebook and Instagram in the wake of the Jan. 6 attack on the Capitol. The payout resolves the suit Trump filed against Facebook…
The wealth of the world’s billionaires including Nigeria’s Aliko Dangote, Tesla and SpaceX chief executive, Elon Musk and others grew by $2trillion (£1.64trillion) in 2024, three times faster than in 2023, amounting to $5.7billion a day, according to a report by Oxfam. Dangote, with a net worth of $11billionn, is Africa’s richest person, holding a…
