The story
AfricaOne was formally launched on April 29, 2002. It was the successor to the defunct Ugandan airline Alliance Air. Unlike previous attempts to establish a pan-African airline, AfricaOne is owned entirely by private African entrepreneurs without any involvement from governments. Boeing subsidiary Boeing Capital Corporation provided the financing for the startup airline.
The airline was founded by DAS Air Cargo executive director Charles Heather, who also took on the role of CEO of AfricaOne Holdings. Heather's business partner and DAS Air Cargo chairman Capt. Joe Roy became the chairman of AfricaOne Holdings. Both were shareholders in the holding company. Roy also piloted the airline's maiden voyage from London to Entebbe.
The aircraft were provided by the Ireland-registered AfricaOne Services on an ACMI (aircraft, crew, maintenance and insurance) basis.
From Wikipedia’s article on AfricaOne (Uganda), shared under CC BY-SA 4.0.3