Actis helped Umeme secure a US$25 million loan from IFC.
Company Headquarters: Uganda
Business focus: Distribution of electrical power
Growth: Since 2005, Umeme has added more than 100,000 new customers and currently connects over 50,000 new customers yearly
- With support from Actis, Umeme has connected more than 120,000 Ugandans and 30 rural electrification schemes to its electrical grid
- Umeme has worked hard to bring down its contribution to the electricity tariff: Umeme currently makes up less than 30% of the total end-user tariff
- Actis, through Umeme, has invested over US$100 million in Uganda’s electricity distribution infrastructure for network improvements since 2005
- The number of electricity-related public fatalities, once common, has fallen as a result of a combined approach of an extensive school safety program and the systematic replacement of over 90,000 deteriorated electrical poles