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@allafrica Thu, 27 Mar 2025 12:18:49

UMEME Expects $234 Million, Uganda Willing to Give $118m

[Independent (Kampala)] Kampala, Uganda -- Exiting electricity distributors Umeme Limited have issued a statement today saying they expect an estimated buy out amount of $234 million to be paid by Uganda government by March 31, 2025. They reiterated that the 20-year Umeme Concession for electricity distribution ended after the 28th of February 2025 and is currently in the Retransfer Transition Period.

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