Impact Case Study: Umeme Company Limited

The Government of Uganda privatized the country’s power sector and awarded the company a 20-year concession to operate, maintain and manage its electricity network. Actis, who had supported the government and the World Bank during the privatization process, was an early investor. At the time of the concession, Umeme was jointly owned by Africa-focused electricity operator Globeleq Limited (56%) and South African public utility Eskom (44%). In 2006, Globeleq (which was then a wholly owned subsidiary of Actis) acquired Eskom’s share, increasing Actis’ indirect ownership stake to 100%. Actis took over Umeme in 2009…

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Teresa Barger, Chair, EMPEA Institute

Teresa Barger, Chair, EMPEA Institute

Rob Petty, Board Member, EMPEA Institute

Rob Petty, Board Member, EMPEA Institute

Rebecca Xu, Board Member, EMPEA Institute

Rebecca Xu, Board Member, EMPEA Institute