Finance

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Senegal will not need debt restructuring: Prime Minister

Senegalese Prime Minister Ousmane Sonko said on Thursday the debt-ridden country would not need to implement a restructuring pla

African Development Bank highlights circular economy as $546 billion opportunity at UNEA-7

The African Development Bank (AfDB) has positioned the circular economy as both an environmental imperative and a major industrial opportunity for Africa during the seventh session of the United Nations (UN) Environment Assembly (UNEA-7), held under the theme “Advancing sustainable solutions for a resilient planet”.

Egypt expects remaining $4.67 billion in EU financial package by 2027

Egypt expects the remaining $4.66 billion of a previously announced 5 billion macro-financial assistance package from the European Union (EU) to be disbursed in three tranches by 2027, Foreign Minister Badr Abdelatty said on Thursday.

Samsung forecasts profit to triple to record high as it rides AI boom

Samsung Electronics on Thursday projected a three-fold jump in fourth-quarter operating profit from a year earlier to a record high as tight supply and a surge in artificial intelligence-driven demand stoked prices for conventional memory chips