Company NewsThe Big Story

Ubuntu Towers acquired by Madagascan billionaire; to rebrand to Towerco Africa

by Muhereza Kyamutetera
LEFT-RIGHT: Ubuntu Towers co-founders, Geoffrey Donnels Oketayot, now the Chief Executive Officer; George A. Ssamula, the Chief Legal Officer and Ronald Onzia, the Chief Operations Officer.
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Tower Corporation of Africa (Tower Co Africa), a company incorporated in Port Louis, Mauritius has acquired 90% of Ubuntu Towers Uganda Limited (UBUNTU). Tower Co Africa is a wholly-owned subsidiary of the Axian Group Mauritius with a reported USD 1.3 Bn in total revenue in 2021.  Axian is a pan-African group that operates in ten countries and is invested in telecoms, financial services, r

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About the Author

Muhereza Kyamutetera is the Executive Editor of CEO East Africa Magazine. I am a travel enthusiast and the Experiences & Destinations Marketing Manager at EDXTravel. Extremely Ugandaholic. Ask me about #1000Reasons2ExploreUganda and how to Take Your Place In The African Sun.