The Africa Business Investment Summit (ABIS) 2026 opens in Washington D.C. on Thursday, August 27, with roughly $4 billion in African investment opportunities on offer and a target of $500 million in signed deals by the close of the two-day event.
Nigerian defense tech company Terra Industries has raised a record-breaking $52 million in seed funding, believed to be the largest by an African startup. Founded in 2024, it produces drones for air and land surveillance and defense and has released an operating system to handle threat detection and collect data across connected systems.