Uganda - Business creation project
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Ugandan Geo-Docudrama Fund_
The Ugandan Geo-Docudrama Investment fund is a pool of money that is to be invested in the Uganda Refinery Project and The distribution of Gas in Uganda. This is going to be an index fund which is a combination a Mutual Fund an Exchange Traded Fund
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Ugandan Geo-Docudrama Fund_
Describe your project or startup in a few words
The Ugandan Geo-Docudrama Investment fund is a pool of money that is to be invested in the Uganda Refinery Project and The distribution of Gas in Uganda. This is going to be an index fund which is a combination a Mutual Fund an Exchange Traded Fund
01.01 Describe your project in more detail
The Ugandan Geo-Docudrama Investment Fund is part of The Ugandan Geo-Docudrama Project although still in the pipeline. The Ugandan Geo-Docudrama is a Sensitisation initiative that is looking at including people with Special Needs and working poor population of Uganda in the Oil and Gas activities of Uganda through the Ugandan Geo-Docudrama Investment Fund. Of over 8 billion people 1.2 billion are PWDs, of the entire World Population as stated by World Bank. Of this population, 52% are Women, part of this Population is Ugandan. In Uganda of the 45 million people estimates, 51% are women, today 6 out of 10 women in Uganda are single mothers, 4 out of the 6 are working poor and depend on Biomass as their capacity to cook but, with the Ugandan 300,000 tons per year of Gas to be produced, we can significantly reduce this Biomass based cooking to Gas cooking as well Improving employment access. Part of the above population is again People with special needs, productive and effective
01.02 What is the main problem you are trying to solve?
Reducing dirty cooking and transitioning to clean cooking in industries and in homes. From Uganda's Energy Transition plan up to 2050, clean cooking will be an amalgamation of Hydroelectric energy, solar energy, Bio fuels, geothermal energy and Gas. With Uganda's gas reserves, industries and homes can be powered, but infrastructure to achieve this is not available. The Ugandan Geo-Docudrama investment fund will have to provide the necessary infrastructure and resources to improve access to Gas by homes and Industries in an affordable state. Reducing marginalisation on people with special needs Acceleting Employment creation
01.03 Tell us the major benefits and/or advantages of using the product/service that your project intends to provide (at least 3).
Environmental protection from increased use of Gas in industries and in homes. Today heavy industries accelerate their energy supply from Biomass mainly heavy wood Improving access to financial resources specifically for the Ugandan Government Clean cooking methodology to rural dwellers Employment access to the working poor population of Uganda. This is to help diversify gas flaring, the World bank is advocating for zero gas flaring to reduce wastage, this will improve the country's image with World bank group. Creating employment opportunities whi will contribute to Reducing pressure on the Government Reducing marginalisation of people with special needs all over Uganda. Recognition and respect world wide
01.04 Please describe who exactly your project is aimed at serving. Who are the targeted beneficiaries?
The Government Of Uganda The
01.05 When did you start working on your project?
2023-03-28
01.06 How many other partners are associated with your business venture?
40
01.07 Among the other partners, how many are female?
20
01.08 Please describe the profile of each of the other partners (skills, experience, etc.)
The Vice President of the Geological Society of Uganda, VP. Rita Mugala. A geologist The head of department, petroleum and Geology, Makerere University, College of Natural Sciences A student body A local working team
01.09 If you have a website, a social media page (Facebook, Instagram, Linkedin…), or app, please provide the link here:
01.10 Which industry best describes your project?
a) Energy (equipment, services, sustainable energy and fuel)
02.01.01 My project contributes to the No poverty goal
5
02.01.02 No poverty - Justification
The Ugandan Population is over 70% Village dwellers, this implies a large number of people living below the minimum standards of living and earning less than a dollar a day hence poverty, with an interest, this category of people is targeted as among the main scope to be employed during the implementation phase of the Investment fund. 6 out of 10 people with special needs are looked at as people who cannot do anything in our societies therefore making them marginalised and out of the supply and demand chains, the project is looking at phasing out this mindset through empowering this category of people
02.02.01 My project contributes to the Zero hunger goal
6
02.02.02 Zero hunger - Justification
We won't put food on someone's table but we shall provide them with a conduit to have food, through employment
02.03.01 My project contributes to the Good health and well-being goal
4
02.03.02 Good health and well-being - Justification
Not answered02.04.01 My project contributes to the Quality education goal
4
02.04.02 Quality education - Justification
Not answered02.05.01 My project contributes to the Gender equality goal
4
02.05.02 Gender equality - Justification
Not answered02.06.01 My project contributes to the Clean water and sanitation goal
3
02.06.02 Clean water and sanitation - Justification
Not answered02.07.01 My project contributes to the Affordable and clean energy goal
7 - Strongly Agree
02.07.02 Affordable and clean energy - Justification
The Investment fund is a mirror expression for the distribution of gas. With a well established working team, we are working towards ensuring cleaner energy
02.08.01 My project contributes to the Decent work and economic growth
4
02.08.02 Decent work and economic growth - Justification
Not answered02.09.01 My project contributes to the Industry innovation and infrastructure
4
02.09.02 Industry innovation and infrastructure - Justification
Not answered02.10.01 My project contributes to the Reduced inequalities goal
7 - Strongly Agree
02.10.02 Reduced inequalities - Justification
Over 50% of the ground working team is specifically people with special needs. This is to show the entire world what potential is put aside and neglected and the productivity this category of people can offer. The world renowned Scientist Stephen Hawking was extremely disabled and sick but he solved the World's biggest Physics theory to understand the formation of the World, BigBang theory.
02.11.01 My project contributes to the Sustainable cities and communities goal
4
02.11.02 Sustainable cities and communities - Justification
Not answered02.12.01 My project contributes to the Responsible consumption and production goal
4
02.12.02 Responsible consumption and production - Justification
Not answered02.13.01 My project contributes to the Climate action goal
7 - Strongly Agree
02.13.02 Climate action - Justification
With the fact that the investment fund is looking at distribution of Gas, this is a clean cooking source of energy. Approximately 1 million ha cover of trees are lost due to Charcoal burning and timber production, with an increased use of gas, this can significantly and greatly reduce. We are looking at this because the environment is a whole body not just the Ugandan Environment
02.14.01 My project contributes to the Life below water goal
1 - Strongly Disagree
02.14.02 Life below water - Justification
Not answered02.15.01 My project contributes to the Life on land goal
2
02.15.02 Life on land - Justification
Not answered02.16.01 My project contributes to the Peace justice and strong institutions goal
2
02.16.02 Peace justice and strong institutions - Justification
Not answered02.17.01 My project contributes to the Partnerships for the goal
4
02.17.02 Partnerships for the goal - Justification
Not answered05.01 There are a large number of customers who already use a product/service very similar to the product/service we envision creating.
2
05.02 The product/service we envision creating represents an entirely new type of product/service.
1 - Strongly Disagree
05.03 The product/service we envision creating could be described as a new technology.
6
05.04 The product/service we envision creating is an improvement on an existing product or service.
2
05.05 The product/service we envision creating could be described as an extension of a range of products or services.
3
05.06 The product/service we envision creating responds to a demand or need that has not been satisfied by other products/services.
6
05.07 The product/service we envision creating is a new version of an old product/service.
6
05.08 Justification
A 5 billion Dollar African bank is to be created, Over 8 billion Dollars are to be invested in the oil and Gas industry of Uganda. Uganda has an economy with a GDP of over 48billion dollars. All these are large sums of money. Today Uganda is still looking for Investment, not only Uganda but also other developing Countries as well. The Ugandan Geo-Docudrama Investment Fund is to help the Ugandan Government pool moneys that will be invested and boost the Oil and Gas activities currently on Going. Many economists predicted a failure by Uganda to finance its projects but with this Fund, we can turn tables. The fund is following 3 SDGs including reduced inequalities, zero hunger and reduced poverty
05.09 Who are your main potential competitors and what makes you stand out from them?
Gas Distribution Companies International Oil Companies, IOCs With Gas distribution, In Uganda, companies are putting their concentration on selling Fuels and neglecting Gas. With the current World Gas Demand trends, I think, Companies are neglecting the demand for CLEAN COOKING by the local people. The Nigerian Government declared a decade of Gas that is 2020 to 2030 with an aim of making Nigerians dependent on gas Inorder to promote clean cooking. Uganda is no different, today in my home town, 2 out of 10 people are willing to listen to me concerning use of Gas. For starters this is a large ratio. There's a neglect on what approach is used by IOCs in distributing their gas. I am considering employing People with special needs regardless of their disability and Working poor individuals
10.06 Are you initiating actions within your community to promote the role of female entrepreneurs?
No, rather I do Community Sensitisation drives on Environment
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