Umeme: The Buyout Battle Over Valuation
Farewell to the Concession, Hello to Arbitration Umeme’s 20-year electricity distribution concession in Uganda officially ended on 31st March 2025, following the government of Uganda’s decision not to renew its concession agreement with Umeme. Post concession, Umeme’s distribution assets and operations were to be handed over to the state- owned Uganda Electricity Distribution Company Limited…