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Compiled By: Prince Henry Danquah, Bora Capital Advisors Ltd
The indigenous drone manufacturers in Nigeria, Terrahaptix Inc. (also referred to as Terra Industries), are looking at an expansion move that would take it beyond its borders to one of the strongest markets in West Africa, Ghana.
This move would ensure that the company sets up its first facility outside Nigeria, designated for the production of mid-range autonomous aircraft and defense systems, established to address the escalation of Islamist-militant operations within the West African region.
The company, via a statement released on Monday, noted that the new facility, intended for Accra, Ghana’s capital, would function as the company’s main regional manufacturing center for its drone and counter-drone systems.
Source: newsthemegh.com