Over the last 12 years, I’ve been fortunate to steward businesses that have transformed into world-class enterprises. That journey has been a long and arduous one. I’ve made enough mistakes to last me a lifetime. I’ve lost money enough to have me locked up for a very long time! And yet the opportunities continue to abound. This journey has only reinforced my belief in the power of business to positively transform society, stem poverty and impact entire nations for good. I have shouted this on rooftops for the longest time so much so that at the end of last year I was challenged to have some skin in the game. As an ardent enthusiast, I’ve always asserted that the private sector, not government, is best placed to tackle the behemoth of poverty. To understand the magnitude of the challenge we face, consider this one cold present reality: nearly 13 million young Africans enter the workforce every year but the continent creates only 3 million formal jobs. Quite the crisis we have! So the bulk of my time this year (and going forward), am joining up with like-minded folks under the Transformational Business Network, a global movement of impact investors and entrepreneurs. For the last 15 years, TBN has leveraged its 2000+ strong member network across 7 countries to scale the capacity of early-stage entrepreneurs and provide access to impact investment capital. Since then, it has grown into an international movement and leveraged its network to create over 1,500 jobs. 67 entrepreneurs have been supported to scale their businesses and more than USD 400M has been unlocked in investment. The network has provided seed and Series A funding to award-winning social enterprises such as Silulo Technologies (South Africa), Agape (Singapore), Sanergy (Kenya) and Bridge International Academies (East Africa). Beyond Kenya, our footprint will extend to Uganda and another African country by the last quarter of 2018. I’ll be pushing for this, and have my sights on raising capital to inject into, to grow and scale at least 7 growth-stage businesses.
July 12, 2018 at 7:43 pm
Life, the ultimate school. Great job Jacob, great mileage covered, the road ahead keeps unwinding.
Godspeed..
July 12, 2018 at 7:44 pm
Thanks, Genza Peter, my good brother!
July 12, 2018 at 7:44 pm
This is so cool, Jacob. Impact investing has so much potential. You play in bigger sand boxes than I do. But I know some folks that might be interested in what you are doing. You might get some friend requests.
July 12, 2018 at 7:45 pm
Thank you, Greg! I’ll shoot you an email later today with a brief; I’ll not wait for the friend requests;-)
July 12, 2018 at 7:46 pm
Zik, you are beginning to assuage the bitter disappointment of us Diaspora Ugandans! Long way to go but we will consider this your first step to redemption 🙂 Well in, and truly transcending.
July 12, 2018 at 7:47 pm
Sam Nyamboga, even if laced with the usual barbs, you do speak well of me this morning, thank you;-)
July 12, 2018 at 7:48 pm
Way to go brother!
July 12, 2018 at 7:48 pm
May you see success at every turn!
July 12, 2018 at 7:49 pm
Awww, thank you Cherie
July 12, 2018 at 7:50 pm
Wow – can I send one or two your way?
July 12, 2018 at 7:51 pm
Absolutely Emma, please do!
July 12, 2018 at 7:52 pm
That’s good to see Dr Kim we had/have the Uganda chapter hosted by Dr Zac Niringiye though we have not met in a long time
July 12, 2018 at 7:52 pm
if I recall correctly you, Amos Wekesa and myself are on the Uganda board. Be sure I’ll be looking you up soon!
July 12, 2018 at 7:53 pm
True
July 12, 2018 at 7:54 pm
Embrace these beginnings. He who began the good works in you shall grant you your heart’s desires that you will see your efforts yield fruit. Stay the course.
July 12, 2018 at 7:54 pm
Amen, and thank you, Joan. That’s very thoughtful of you!
July 12, 2018 at 7:55 pm
Proud of you ndugu. Nice to see with Dr. Kim…..our common friend such a brilliant business person as well
July 12, 2018 at 7:56 pm
He is. And he speaks highly of you, Amos. PS. That coffee is long overdue!
July 12, 2018 at 7:57 pm
Great going JBZ. Sky is the limit
July 12, 2018 at 7:58 pm
Wow! That’s great!
July 12, 2018 at 7:58 pm
Words to describe you fail me sometimes. You are a hero in more ways than one
July 12, 2018 at 7:59 pm
Your humble me, Nate Mulindwa
July 12, 2018 at 8:00 pm
Congratulations! The future of Africa is bright with this kind of dedication
July 12, 2018 at 8:01 pm
Thank you coach Jeff! Even with our myriad of problems, the last couple of years has given me so much hope for Africa. It’s our time!
July 12, 2018 at 8:02 pm
Moses Mukisa he should talk to the owners of New Day. This is how business is run.
July 12, 2018 at 8:03 pm
Belinda, what’s with New Day? The Lukwagos are my good friends!
July 12, 2018 at 8:04 pm
Jacob Zikusooka bambi tell your friends that their personnel is killing their business. They have the worst service i have encountered.
July 12, 2018 at 8:05 pm
Whoa! Is that with the Cafe at Metroplex? Thanks for the candid feedback. They’ll appreciate it. They are an amazing kingdom-serving couple!
July 12, 2018 at 8:06 pm
They say bad news travels fast…? I am being the kayungilizi here ?
July 12, 2018 at 8:07 pm
Yep
July 12, 2018 at 8:08 pm
God speed Jacob Zikusooka
July 12, 2018 at 8:10 pm
May God grant and bless your heart’s desire!
July 12, 2018 at 8:10 pm
Soar higher there, see you sooner!
July 12, 2018 at 8:11 pm
We believe in you. Keep up the good work and may God bless you.
July 12, 2018 at 8:12 pm
Way to go
July 12, 2018 at 8:12 pm
Fantastic update Zik! So pleased to see you plunge in – You & Kim look great
July 12, 2018 at 8:13 pm
And you and Kinya have a lot to do with it, Rosie
July 12, 2018 at 8:14 pm
*wink* *wink*
July 12, 2018 at 8:16 pm
Great stuff you have shared bro! I share your sentiments..business has a pivotal role in transforming society
July 12, 2018 at 8:17 pm
Absolutely, my brother. You and me have seen this firsthand!
July 12, 2018 at 8:18 pm
Awesome. Jacob wouldn’t it be lovely for you to document your experiences in a book! Write that book my brother!
July 12, 2018 at 8:19 pm
Reading your submission, I cant help but thank God that our paths met and we share some passions. Looking forward to learning from you and scaling
July 12, 2018 at 8:21 pm
We celebrate u and the calling on yr life for business.
July 12, 2018 at 8:22 pm
Something to munch on and consider my place in all this…
July 12, 2018 at 8:23 pm
Charity starts at home Jacob Zikusooka
How shall you leverage your exposure and your more visible platforms to support some of the initiatives of your SMACK 87-93 class?
As you know, have been ardently chasing you to participate and help transform some of the entrepreneurial and investment initiatives of our class…
Don’t turn your back on your home boys with whom you played survival and guitar (commitment to other causes won’t count as sufficient enough excuse)…your class needs you and we are taking names ??
July 12, 2018 at 8:27 pm
Ha, Juan Kiwanuka, you have me in a corner! My heartlight flickers on remembering those sweet days gone by! BTW, did you know between me, Arthur Muteesasira and Ras Grace Ddumba, we invented Space tennis. That is when we were not strumming guitars! But I digress. When is it next you are in these parts? Perhaps we could meet up? Am not too sure when I’ll be in your neck of the woods. Let’s talk but be sure I’ll stand to be counted. I owe it to my Alma mater!
July 12, 2018 at 8:28 pm
Hopefully within 6 months, and shall raise you ahead of my travels….yes, would be great to sit down and catch up
July 12, 2018 at 8:28 pm
This is the real deal. Only entrepreneurship can solve Africa’s joblessness faster. Thanx Jacob.
July 12, 2018 at 8:29 pm
Jacob, my hand ✋ is up as you can see. Am waiting..
July 12, 2018 at 8:31 pm
Now see your life, brother of mine, David Emitu