footprint

In 2022, Pillar raised £13M (approximately $16.9M) in pre-seed funding to develop an innovative platform aimed at helping immigrants gain access to credit products as they settle in a new country. LemFi, through its recent acquisition of Pillar, is set to inherit this technology, positioning itself as the first significant remittance platform to integrate credit offerings into its core services. The deal has already received approval from the Financial Conduct Authority (FCA), and it also welcomes Pillar’s visionary…

Adani Ports and Special Economic Zone Ltd., established by the billionaire Gautam Adani, is actively seeking port opportunities in South Africa. This initiative marks a significant relaunch of the company’s international expansion efforts, intending to bolster its presence in the dynamic global maritime sector. In a statement, Karan Adani, the managing director of Adani Ports, shared, “We are evaluating port projects in South Africa to boost our presence in Africa.” He further indicated that the company is…

The Future of Nigeria's Sugar Industry: A Promising Partnership The recent agreement between the National Sugar Development Council (NSDC) and the Chinese conglomerate SINOMACH marks a turning point for Nigeria’s sugar industry. This partnership not only aims to bolster the domestic sugar sector but also deepens China’s strategic foothold in Africa. The implications are substantial and multifaceted, carrying the potential to transform the agricultural landscape of Nigeria. In a recent interview with the News Agency of…

(Bloomberg) -- The Islamic State faction in Somalia, linked to the notorious worldwide terrorist network, has ramped up its operations in the Horn of Africa this year, according to a top military figure from US Africa Command. "I've got my eye on the northern stretch of Somalia where ISIS is swelling in size," expressed Africom Chief Michael Langley during a chat on Voice of America, expressing concern over the increased influx of foreign fighters into the region. Abdulkadir Mumin helms the IS-Somalia division. Born from a…