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Absa Bank Uganda Reports 22% Profit Growth in 2024, Driven by Strategic Lending and Digital Expansion

Key Financial Highlights Absa Bank Uganda has announced impressive financial results for the year ended December 31, 2024, with profit after tax surging by 22% to Sh178 billion, up from the previous year. The bank’s total revenue grew by 15% to Sh546…

Read MoreAbsa Bank Uganda Reports 22% Profit Growth in 2024, Driven by Strategic Lending and Digital Expansion

Chevron Expands Namibia Presence with Petroleum Exploration License 82 (PEL 82) Farm-in, Signaling Growing International Oil Company (IOC) Interest in African Energy

With Chevron’s latest farm-in offshore Namibia highlighting Africa’s investment appeal, African Energy Week: Invest in African Energies 2025 will explore strategies for structuring attractive PSCs and securing high-impact farm-in agreements in Africa’s oil and gas sector Africa’s oil and gas…

Read MoreChevron Expands Namibia Presence with Petroleum Exploration License 82 (PEL 82) Farm-in, Signaling Growing International Oil Company (IOC) Interest in African Energy