Republic of Uganda v. RVR Investments — USD 2.3 Billion UNCITRAL Arbitration Dismissed in Full

Dispute Resolution — International Arbitration

K&K Advocates acted as Ugandan counsel to Uganda Railways Corporation alongside the Attorney General's Chambers and international co-counsel Curtis, Mallet-Prevost, Colt & Mosle LLP. The London tribunal dismissed all claims and awarded Uganda costs in excess of USD 3.6 million and GBP 200,000.

Case Reference: UNCITRAL Arbitration | Republic of Uganda v. RVR Investments (Pty) Ltd & KU Railways Holdings Limited

Seat: London, United Kingdom

Final Award: 22 July 2025

Background

RVR Investments (Pty) Ltd and KU Railways Holdings Limited (together, RVR) held the investor and concession interests in the Kenya and Uganda metre-gauge railway concessions established under the East African Community framework. On 2 April 2020, RVR commenced UNCITRAL arbitration against both the Republic of Kenya and the Republic of Uganda, with the hearing conducted in March 2024.

RVR's Claims

RVR sought compensation in excess of USD 2,305,900,000 from Uganda and Kenya combined, alleging that the Governments had failed to harmonise operational standards across the two countries, caused adverse impacts through the development of the Standard Gauge Railway, repudiated their agreements with RVR, and deceived RVR into continued investment despite an alleged hidden intention to retire the Metre Gauge Railway line.

Uganda's Defence

Uganda consistently maintained that it was not in breach of any contractual obligations, and that the termination of the Concession Agreement was lawful, justified, and necessary to protect a critical national infrastructure asset. Uganda's position was that the true cause of the concession's failure was RVR's own conduct - specifically its mismanagement, persistent underperformance, and failure to meet agreed freight volume targets and maintenance commitments.

Decision

  • All claims brought by RVR against Uganda were dismissed in their entirety.
  • Uganda was found not to be in breach of its harmonisation obligations.
  • The Uganda Concession Agreement was held to have been terminated for multiple independent reasons rooted in RVR's own shortcomings.
  • Uganda was awarded costs in excess of USD 3.6 million and GBP 200,000.

Our Team

Lead Partners: Peter Kauma · Kiryowa Kiwanuka · Paul Katuramu

Advocates: Richard Bibangambah

Co-Counsel: Curtis, Mallet-Prevost, Colt & Mosle LLP (International) · Attorney General's Chambers

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