Uganda Construction Ecosystem

Context

Capitalizing on a pipeline of infrastructure projects valued at USD 2.5 trillion , Teutizoku LLC aims to pioneer a different approach to equipping Africa. By working toward a more skilled and productive labor force, creating and growing a new market, and utilizing investment capital, we will drive economic growth for communities and in the process achieve greater success ourselves.

Markets across the African continent are diverse with their own opportunities and challenges. Careful to avoid overgeneralizing, one can see broad trends indicating construction is a high prospect industry for investors. Construction plays an important role in every economy, particularly infrastructure construction because it facilitates other economic activity. Infrastructure needs remain substantial across the continent. And with the African Continental Free Trade Area (AfCTA) kicking off in January 2021 and the potential of increasing intra-African trade by USD 70 billion by 2040 , infrastructure is a top priority.

As of June 1, 2019, 452 projects valued at USD 497 billion in total had broken ground in the continent. The top five sectors (by number of projects) include transport (151), real estate (99), energy and power (77), shipping and ports (38), and mining (29). The COVID-19 pandemic has slowed growth, but projections for the medium-to-long term remain optimistic.

Ecosystem Model

Advisory Board

Francesca Fondse is an entrepreneur with immense vision, an author, and a designer of various social impact projects. She is Founder and CEO of the ANGELUS brand of companies, including De Angelus Estates in Kwa Zulu Natal, South Africa, the only privately-owned member to the UN Global Compact. She is a member of Southern Africa Netherlands Economic Council and was instrumental in the 2015 Dutch trade mission to South Africa by Premier Mark Rutte. She has been featured on the cover of various magazines, including Woman Entrepreneur and Woman on Top.

Francesca follows in the footsteps of her parents who played active humanitarian and empowerment roles during their lives. She served as an MP to Women’s Parliament from 2010-2012. The Parliament of South Africa appointed her National Champion for Women in 2016, and in 2018 selected her to be an Albertina Sisulu Woman of Fortitude. Charged with leading the women of South Africa to empowerment, she founded and chairs Women Integral Impact Network (WIIN) which has worked with the International Labour Organization to teach hundreds of women construction skills and employ them on projects like her Angelus Village Developments.

Nnedi Ifudu Nweke counsels companies and individuals on U.S. laws and policy affecting cross border transactions, including export control laws, economic sanctions and trade embargoes, anti-boycott, anticorruption, and anti-money laundering laws. Nnedi represents clients in trade matters before various U.S. government agencies, including the Departments of Commerce, State and the Treasury. She has helped clients in various industries to effectively manage due diligence reviews in connection with investment fund formation, mergers, acquisitions and other corporate transactions. Nnedi advises clients on how to respond to U.S. government investigations, develop and implement compliance policies and procedures, prepare voluntary self-disclosures, and conduct internal reviews, audits and investigations.

Nnedi maintains an active pro bono practice, and, in December 2020, she joined the board of the Center for Democracy in the Americas, a D.C.-based non-profit, non-partisan organization promoting U.S. policy toward the Americas based on engagement and mutual respect. Nnedi also serves on the Steering Committee of Akin Gump’s Africa Initiative, a cross-practice group of Akin Gump attorneys working on matters involving the region and who are interested in the continent as the next frontier for expanding legal work.

Sasaenia Paul Oluwabunmi has extensive experience in business development, infrastructure finance and operations at multinationals and international organizations. This spans spearheading a successful market re-entry strategy in 18 months (after 8 years of previous unsuccessful attempts), leading several project teams across 10 African countries and having regular interactions with the C-Suite as well as Government Ministers. Paul started his career at Nestle S.A, Nigeria as an Electrical Engineer and also worked at Glaxo Smith Kline, United Kingdom as an Automation Engineer. He currently works at OPEC Fund as a Country Manager in the West & Central Africa Region. Prior to this, he had oversight of countries in Eastern & Southern Africa, as well as Asia & the Pacific. Paul is a Project Management Professional (PMP holder) and a British Chartered Engineer (CEng).

In his current role, he leads appraisal teams for several projects – across Angola, Cape Verde, Eq. Guinea, Gambia, Ghana, Guinea Bissau, Liberia, Namibia, Sao Tome and Sierra Leone – including economic/financial modeling, sector analysis and procurement supervision. Overall, he manages a portfolio of infrastructure investments worth USD 500 Mn+ across multiple sectors in partnership with the World Bank, United Nations, African Development Bank, Saudi Fund, Kuwait Fund and other bi/multi-laterals. Additionally, Paul has held multiple ambassadorial appointments with think-thanks such as Salvage Africa, Carrington Youth Fellowship of the US Consulate in Nigeria, World Business Dialogue, One Campaign, One Young World, TED, Impactr, World Economic Forum and the Institution of Engineering and Technology.

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