East Africa: ECA Sees Stronger Growth in East Africa Fueled By Integration, Clean Energy

East Africa: ECA Sees Stronger Growth in East Africa Fueled By Integration, Clean Energy

Addis Ababa — East Africa’s economic growth is gaining momentum, driven by deeper regional integration, improving macroeconomic stability, and expanding investment in renewable energy, according to the United Nations Economic Commission for Africa (ECA). In an exclusive interview with ENA, Stephen Karingi, Director of the ECA’s Macroeconomics, Finance and Governance Division, said the sub-region is…

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TSMC profit surges 61% to record high fueled by AI chip demand

TSMC profit surges 61% to record high fueled by AI chip demand

A motorcycle is seen near a building of the Taiwan Semiconductor Manufacturing Company (TSMC), which is a Taiwanese multinational semiconductor contract manufacturing and design company, in Hsinchu, Taiwan, on April 16, 2025. Daniel Ceng | Anadolu | Getty Images Taiwan Semiconductor Manufacturing Company on Thursday reported a near 61% year-on-year rise in second-quarter profit, hitting…

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