David Thomas

Editor of African Business Magazine @africanbizmag / https://t.co/z2GQf51DjN Pitch to: [email protected]. Fun = Books/playing footie/rock music/movies

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Articles

Trump imposes US travel ban on seven African countries

2 days ago | african.business | David Thomas

President Donald Trump has banned citizens from seven African countries from travelling to the United States, citing risks from terrorism and the prevalence of visa overstays. From 9 June, citizens of Chad, Republic of the Congo, Equatorial Guinea, Eritrea, Libya, Somalia, and Sudan will be banned from travelling to the US – part of a 12-strong list of countries worldwide facing the measure. Burundi, Sierra Leone and Togo are among seven nations worldwide to be subjected to partial restrictions.
Meet the lawyer helping African countries escape debt traps

1 week ago | african.business | David Thomas

The African Legal Support Facility helps to free countries from the claws of vulture funds. CEO Olivier Pognon talks about its work.
Botswana’s VP and fin min on diamonds, diversification and tariffs

2 weeks ago | african.business | David Thomas

The 159-year-old debating chamber of the Cambridge Union Society has played host to some of history’s most consequential leaders. From British Prime Ministers Winston Churchill and Margaret Thatcher to US Presidents Theodore Roosevelt and Ronald Reagan, the wood-panelled theatre has resounded to orators of world renown.
Jinxin Technology projects $70 million revenue, citing AI-powered content

3 weeks ago | telecomstechnews.com | David Thomas |Ryan Daws

Jinxin Technology Holding Company, a provider of AI-driven digital content and communication platforms, has issued its financial guidance for the fiscal year 2025, forecasting a total revenue of $70 million, up from $3 million in 2024. The growth is expected to be fuelled by strong performances in the company’s AI-driven product portfolio and strategic partnerships. Jin Xu, CEO of Jinxin Technology, spoke on the 2025 targets.
Five cloud providers operating under strict data legislation

1 month ago | cloudcomputing-news.net | David Thomas

Data privacy laws are tightening, meaning businesses and global organisations need to be vigilant when choosing appropriate cloud provision for the workloads and storage needs. Certain regulations in different countries impose strict rules on how data is collected, processed and stored, and adherence to those policies and standards help ensure the proper management and security of data.
South Africa’s Ukraine stance must go beyond Trump contempt

1 month ago | african.business | David Thomas

In late April Ukrainian President Volodymyr Zelensky was welcomed to Pretoria’s Union Buildings by South African President Cyril Ramaphosa for a historic visit, the first by a Ukrainian head of state in 33 years since the post-apartheid establishment of diplomatic relations. The visit comes at a pivotal time in the history of Ukraine.
MNI INTERVIEW: Dollar Safe Haven Status Tarnished...- 04-25-2025

1 month ago | mnimarkets.com | David Thomas

You are missing out on very valuable content. The sell-off in the U.S. dollar over the past few weeks is raising questions about the currency's safe haven status and putting focus on the U.S. Treasury market, International Capital Market Association Managing Director Andy Hill told MNI. "There'...
MNI INTERVIEW: ECB To Stick To QT Despite Turmoil...- 04-09-2025

2 months ago | mnimarkets.com | David Thomas

The European Central Bank is likely to keep to its balance sheet tightening despite bond market concents prompted by U.S. tariffs, and is unlikely to accelerate policy easing as a result of sliding equities, the ECB's former director general of marke...
Trump slaps tariffs on Africa as he hails ‘Liberation Day’

2 months ago | african.business | David Thomas

US President Donald Trump has slapped tariffs on African countries as part of his so-called ‘Liberation Day’ reshaping of global trade, which also sees a universal 10% baseline tariff on all imports into the US.
Cassava and Nvidia to launch Africa’s ‘first AI factory’

2 months ago | african.business | David Thomas

Zimbabwean telecoms tycoon Strive Masiyiwa’s Cassava Technologies is teaming up with US tech giant Nvidia – one of the world’s most valuable companies – to build what it says is Africa’s “first AI factory”. UK-headquartered Cassava, founded and executive chaired by Masiyiwa, says it will build “a powerful and super-secure data centre facility” powered with Nvidia AI computing technology.