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Big Bet: Aga Khan enters Uganda’s tight telecom industry

By Mark Muhumuza 

Barely a year since the acquisition of Warid Telecom by Airtel, the Agha Khan Development Network Foundation (AKDN) is targeting to invest in Uganda’s telecom sector. Uganda’s telecom sector currently has six players offering voice, data or both, and is highly competitive on one hand, and on the other, is said to be saturated  fully. According to Lutaf Kassam, a director at the foundation confirmed this, “Yes we are getting into the telecom business in Uganda.

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