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Colombo Capital U.S. Incorporated Announces Strategic Acquisition of Afrixury Tours and Travel Company in Uganda** Boston Massachusetts March 15, 2024 – Colombo Capital U.S. Incorporated, a leading investment firm with a focus on expanding global tourism and travel opportunities, is pleased to announce its recent acquisition of a 51% share in Afrixury Tours and Travel Company, a premier provider of travel and tour services in Uganda. This strategic acquisition marks a significant milestone in Colombo Capital's efforts to broaden its portfolio and presence within the African tourism market. By securing a majority stake in Afrixury Tours and Travel Company, Colombo Capital aims to enhance travel experiences and services in Uganda, known for its rich wildlife and cultural heritage. "The partnership with Afrixury Tours and Travel Company represents a vital step towards our commitment to investing in sustainable tourism and offering unparalleled travel experiences," said Steve McLaughlin, CEO of Colombo Capital U.S. Incorporated. "We are excited about the potential this collaboration holds and are committed to fostering growth and innovation in Uganda's thriving tourism industry." Kirstie McLaughlin, President of Colombo Capital U.S. Incorporated, echoed this sentiment: “This acquisition is more than a business transaction; it's a partnership that aligns with our vision of global connectivity and cultural exchange. Working with Afrixury Tours and Travel Company, we aim to create unique and sustainable travel experiences that contribute positively to the local community and environment.” Afrixury Tours and Travel Company has established itself as a leader in providing unique and enriching travel experiences within Uganda. Under the new partnership, the company will now extend its services to cater to government agencies, international bodies, and NGOs, offering specialized car hire services, hotel bookings, air ticketing, and unique tourism packages such as gorilla tracking and visits to game parks. “We are thrilled to join forces with Colombo Capital U.S. Incorporated and look forward to the enhanced capabilities and opportunities this partnership will bring,” said Phiona Batina, President of Afrixury Tours and Travel Company. “By expanding our services, we aim to make Uganda's natural beauty and cultural richness more accessible to a wider audience, including governmental and international visitors.” The acquisition is expected to be completed by [Date], following regulatory approvals and customary closing conditions. Both companies will work closely to ensure a seamless transition and integration of services for clients and stakeholders. For more information, please contact: Colombo Capital U.S. Incorporated contact @ info@colombocapitalus.com or Phiona Batina President Afrixury Tours and Travel Company  at batina@afrixury.com

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