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You are at:Home»News»With Eskom leaving Uganda, will the World Bank save Umeme?
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With Eskom leaving Uganda, will the World Bank save Umeme?

Anthony EghoborBy adminDecember 7, 2022No Comments1 Min Read
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Eskom Uganda, a subsidiary of Eskom Holdings SOC Ltd (South Africa’s primary electricity supplier) will fold its operations at the end of March next year after 20 years of managing two power-generation dams in Uganda. This is part of the government’s move to take over the electricity sector it liberalised in early 2000s through World Bank-backed reforms.

The next contract to expire will be that of ​​Umeme Limited, which distributes about 97% of electricity in the East African country. Its 20-year concession ends in 2025 and the government has said it will not renew it.

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Anthony Eghobor
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