When Terra Industries announced an $11.75 million funding round to scale its defense and surveillance capabilities, the immediate response across African tech and investment circles was largely optimistic. Observers pointed to job creation, industrial localization, and the promise of a stronger technological edge in protecting critical infrastructure and managing security risks. Those reactions are understandable. They are also incomplete. The significance of the raise lies less in the dollar amount than in what it represents. Africa is increasingly being underwritten as a market for security and defense infrastructure, not simply as a recipient of aid, peacekeeping missions, or imported military

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