VUU was established in 2011 by Edulink Holdings Limited, a private company that invests internationally in tertiary institutions of higher education. From 2011 until late 2012, VUU was affiliated with the
University of Buckingham (UB) in the United Kingdom, which awarded the majority of degrees offered at VUU. VUU, however, has developed a number of courses that it teaches and examines independently of UB. The degree certificates of the VUU courses are awarded by VUU. VUU was accredited by the
Uganda National Council for Higher Education in October 2010. In 2012, the affiliation with UB was terminated. In September 2013, VUU was purchased for an undisclosed sum by
Sudhir Ruparelia, ranked the wealthiest individual in
East Africa, by
Forbes magazine in 2012. VUU then became a member of the
Ruparelia Group. Its campus relocated to Eagen Mansions, at 1-13 Jinja Road, in Kampala's central business district, which was renamed "Victoria Towers". ==University leadership==