Umeme Limited
UMMEEnergy & Petroleum (Cross-listed — Uganda)
high Risk
About the Company
Umeme was Uganda's dominant electricity distributor, holding a 20-year distribution concession from the government. The company was cross-listed on the NSE (Kenya) and USE (Uganda) since 2012. Its concession expired on 31 March 2025, ending its core business. The company is now in a post-concession wind-down, pursuing arbitration against the Ugandan government for a disputed buyout amount of approximately USD 292 million.
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