Peter Clinton Mutumba
Investment Director & Company Secretary
Dynamic business leader and strategist with cross-cutting experience in renewable energy, agribusiness, real estate, and financial advisory across East and Central Africa.
- Financial Modeling & Investment Advisory: advanced Excel models, valuations (NPV, IRR, WACC), cash-flow forecasting, and scenario analysis.
- Corporate Governance & Compliance: SHA drafting, regulatory engagements (URA, NEMA, Ministries).
- Operations & Supply Chain: inventory management, S&OP processes, and centralized procurement structures.
- Strategic Growth: ESG integration, SDG alignment, and impact-driven business expansion.
- Fund Management Strategy Development: Assisted in establishing and operationalizing the revolving risk capital fund, focusing on legal and commercial mandates to support SME investment.
- Technical Assistance and Capacity Building: Developed comprehensive technical support frameworks to enhance investment readiness among agri-SMEs, including detailed needs assessments and strategic planning.
- Investment Readiness Programs: Implemented programs to prepare agri-SMEs for investment, including financial modeling, risk assessment, and the development of investment memoranda.
- Stakeholder Engagement: Coordinated with USAID and other stakeholders to align the fund’s activities with broader economic recovery efforts and ensure compliance with developmental objectives.
- Monitoring and Evaluation: Oversaw the progress of funded initiatives, ensuring successful application of funds and alignment with predefined performance-based milestones.
- Established operational guidelines and a governance structure for the risk capital fund, including the formation of an investment committee.
- Developed and executed investment readiness training for agri-SMEs, equipping them with the necessary tools to attract and manage external financing.
- Produced strategic documentation including fund concept notes, investment criteria, and operational plans that guided the fund’s activities.
- Enabled 10 companies adversely affected by COVID-19 to raise over USD 3.5 million in capital, significantly enhancing their operational sustainability.
- Leveraged USD 500,000 in USAID COVID-19 risk capital to crowd in additional investments, amplifying the fund’s impact and sustainability.
- Fund Management Strategy Development: Assisted in establishing and operationalizing the revolving risk capital fund, focusing on legal and commercial mandates to support SME investment.
- Technical Assistance and Capacity Building: Developed comprehensive technical support frameworks to enhance investment readiness among agri-SMEs, including detailed needs assessments and strategic planning.
- Investment Readiness Programs: Implemented programs to prepare agri-SMEs for investment, including financial modeling, risk assessment, and the development of investment memoranda.
- Stakeholder Engagement: Coordinated with USAID and other stakeholders to align the fund’s activities with broader economic recovery efforts and ensure compliance with developmental objectives.
- Monitoring and Evaluation: Oversaw the progress of funded initiatives, ensuring successful application of funds and alignment with predefined performance-based milestones.
Deliverables:
- Established operational guidelines and a governance structure for the risk capital fund, including the formation of an investment committee.
- Developed and executed investment readiness training for agri-SMEs, equipping them with the necessary tools to attract and manage external financing.
- Produced strategic documentation including fund concept notes, investment criteria, and operational plans that guided the fund’s activities.
Impact:
- Enabled 10 companies adversely affected by COVID-19 to raise over USD 3.5 million in capital, significantly enhancing their operational sustainability.
- Leveraged USD 500,000 in USAID COVID-19 risk capital to crowd in additional investments, amplifying the fund’s impact and sustainability.
Objectives:
- Embed Business Development Services (BDS) among CSJ’s Commercial Agents to enhance their operational capabilities.
- Extend these services to smallholder farmers via a network of trained community-based BDS providers.
Scope of Duties:
- Contextual Analysis: Reviewed CSJ’s Commercial Agent Credit Assessment Report to tailor the training program to specific business needs and contexts.
- Agent Selection and Development: Identified and recommended potential ‘Super Agents’ from among the Commercial Agents and associated company staff for specialized training in BDS.
- Training Program Development: Created a comprehensive training curriculum covering financial management, business registration, tax systems, governance, and records management, aimed at enhancing business operations and facilitating access to external financing.
- Training Delivery: Conducted a 3-day intensive training program, including two practical sessions at the business premises of CAs, to ensure real-world application of taught concepts.
- Mentorship and Reporting: Provided ongoing mentorship to trained Super Agents and staff, and developed detailed training materials and a comprehensive report summarizing the training scope, key findings, and actionable recommendations.
Objective: Support the drafting of comprehensive valuations and investment memos for three companies, including the development of financial models and application of various valuation techniques.
Scope of Duties:
- Financial Modeling: Developed individual financial models for each of the three companies to accurately project future financial performance and assess valuation.
- Valuation Analysis: Applied multiple valuation techniques including discounted cash flow (DCF), comparable company analysis, and precedent transactions to determine the fair market value of each company.
- Investment Memos: Drafted detailed investment memos for each company, highlighting financial health, market position, and potential investment opportunities.
- Collaborative Drafting: Worked closely with David to refine the valuation assumptions and align the investment thesis with market realities and potential investor expectations.
- Documentation and Reporting: Ensured all financial models, valuations, and memos
Objective: Enhance the operational capacity of BiD Capital Rwanda and facilitate access to finance for Rwandan startups through strategic initiatives and support systems.
Scope of Duties:
- Capacity Enhancement: Led the capacity building initiatives for early-stage, innovative companies to prepare them for investment readiness, focusing on robust business planning and financial strategy development.
- Digital Platform Implementation: Spearheaded the development and implementation of a digital platform designed to streamline financial management and improve operational efficiencies within BiD Network Rwanda.
- Marketing and Communications: Developed comprehensive marketing and communications strategies to effectively engage stakeholders and promote the services of BiD Network Rwanda and the Impact Mezzanine Fund (IMF).
- Mentorship Network Development: Established a mentorship network to provide ongoing
- Launch of Investment Vehicle: Coordinated the launch of the Impact Mezzanine Fund (IMF) in Rwanda, a catalytic investment vehicle aimed at accelerating the growth of high-potential startups.
Objective: Develop a strategic expansion plan to facilitate Cowtribe’s market entry into Kenya and Ghana, including comprehensive financial modeling and business planning.
Scope of Duties:
- Strategic Planning: Led the development of a strategic expansion plan, identifying key market entry strategies for Kenya and Ghana based on in-depth market analysis and local business conditions.
- Financial Modeling: Created detailed financial models to project the financial outcomes of expansion efforts, including revenue forecasts, cost analysis, and investment requirements.
- Business Plan Development: Crafted a robust business plan that outlined the operational framework, marketing strategies, and logistical considerations for Cowtribe’s new markets.
- Stakeholder Engagement: Coordinated with local stakeholders, potential partners, and government agencies to align the expansion strategy with local regulations and business practices.
- Risk Assessment: Conducted a comprehensive risk analysis to identify potential barriers to entry and devised mitigation strategies to ensure a smooth market penetration.
Objective: Develop a strategic expansion plan to facilitate Cowtribe’s market entry into Kenya and Ghana, including comprehensive financial modeling and business planning.
Enhance the capacity and market access of women-led enterprises through targeted outreach, proposal development support, and implementation kickoff, aligned with GIZ’s investment and development priorities.
Scope of Duties:
- Service Package 1: Outreach and Engagement
- Conducted thorough familiarization with iDPP instruments and WEE project indicators.
- Developed and distributed communication materials in Kinyarwanda and English, including factsheets and flyers detailing CEI requirements.
- Organized and led six informational events (three online and three on-site outside Kigali) to educate up to 30 women per session about CEI opportunities.
- Provided on-demand idea development and Q&A support to a minimum of 10 and up to 25 women-led enterprises, enhancing their potential for successful iDPP partnerships.
- Service Package 2: Proposal Development Support
- Evaluated CEI submissions to assist GIZ in selecting candidates for detailed interviews.
- Facilitated one-on-one interviews with up to 15 candidates, issuing detailed proposal requests to a maximum of 8 participants.
- Offered in-depth coaching to candidates, helping them develop comprehensive proposals that meet iDPP standards and contribute to WEE project indicators.
- Moderated contracting phase meetings and provided actionable recommendations for continuous support to non-selected participants.
- Service Package 3: iDPP Kickoff Support
- Facilitated kickoff meetings between GIZ and up to 5 selected iDPP women-led enterprises.
- Provided technical input for the development of Terms of Reference and monitored the initial quarter of iDPP implementation.
- Delivered backstopping support and technical advice during the early stages of iDPP execution.
Objective: Facilitate commercial investments in agriculture and related sectors by enhancing the investment readiness and facilitating deal closures for selected SMEs.
Scope of Duties:
- Investment Readiness: Provided transaction advisory services to enhance the investment appeal of SMEs, covering deal preparation and closure, environmental and social impact assessments, and commercial due diligence.
- Capacity Building: Assisted SMEs in building their operational resilience and capacity to attract and manage investments effectively.
- Deal Facilitation: Supported the negotiation processes and facilitated the signing of investment deals, ensuring alignment with both SME and investor expectations.
- Documentation and Compliance: Managed the creation of data rooms for due diligence, ensuring all necessary legal and operational documents were accurately compiled and accessible to potential investors.
- Impact Assessment: Developed environmental and social governance narratives to highlight the positive impacts of investments, focusing on job creation, supply chain enhancements, and community engagement.
Objective: Develop comprehensive investment memos for 13 companies to attract and inform potential investors about the businesses’ backgrounds, market opportunities, financial health, impact narrative, and future growth plans.
Scope:
- I conducted comprehensive analyses on 13 companies, detailing their business histories, key relationships, and market opportunities through rigorous research and market size estimation. I evaluated historical financial data and projected future performance to assess financial health and growth potential. Additionally, I crafted impact narratives highlighting social and environmental benefits, and outlined strategic growth plans, specifying capital needs and uses to support each company’s expansion objectives.
Objective: To mobilize $600M in lending by 2025 through financial incentives and technical assistance, enhancing the growth and impact potential of agri-SMEs across Kenya, Rwanda, Tanzania, and Uganda.
Technical Assistance for Agri-SMEs:
- Segments Served: Early stage, Growth stage, and Established SMEs within the agricultural sector, focusing on those not listed on the IFC exclusion list.
- Pre-Qualification of BAS Providers: Aceli conducts a rigorous pre-qualification process to shortlist Business Advisory Service (BAS) providers capable of delivering high-quality technical assistance to Tier 3 SMEs across the four target countries.
Scope of Duties:
- SME Diagnostic and Needs Analysis: Conducted comprehensive diagnostics to identify critical business needs covering customer and product insights, funding and finance structures, operations, human resources, technology use, risk management, and environmental and social impacts.
- Co-Design of TA Programs: Collaborated with SMEs to design tailored technical assistance programs, focusing on areas identified in the diagnostics as critical for business growth and readiness for investment.
- Implementation and Reporting: Managed the delivery of technical assistance in accordance with tripartite agreements among Aceli, the SMEs, and the BAS providers. Prepared and submitted detailed engagement reports to Aceli’s Technical Assistance Manager.
Intro: The Dutch embassy in Uganda funds a four-year horticulture value chain programme: The Horticulture Market Acceleration Platform (HortiMAP) programme. TechnoServe and partners BID Capital and PUM will support entrepreneurial farmers, SMEs, and government leaders towards a competitive, inclusive Ugandan horticulture sector.
Objectives of the project: The main objective of this programme is to empower farmers and small and medium-sized enterprises (SMEs) in the horticulture sector with skills and sector knowledge that will help them boost their competitiveness.
Duties on the project: As part of the project, BiD Capital Partners is in charge of reviewing companies that have applied for technical support and grant funding to ensure that they meet the eligibility criteria. I conducted due diligence on ten companies as an external consultant. My scope of work was as follows;
- Initial Review: Assess the grant application for completeness and ensure all necessary documents are provided.
- Financial Analysis: Review the applicant’s financial statements, including balance sheets, income statements, and cash flow statements. Evaluate the organization’s financial health, stability, and solvency.
- Analyse how the grant funds will be utilized and determine the feasibility of the proposed budget.
- Operational Review: Assess the effectiveness, efficiency, and capacity of the organisation’s operations. Evaluate the management team, their qualifications, and their track record of success.
- Legal and Compliance Check: Verify the applicant’s legal status and compliance adherence.
- Evaluation of Impact and Outcomes: Determine the potential impact and outcomes of the grant proposal.
- Site Visits: Visit the organization to get a first-hand view of its operations, meet with management, and validate information provided in the application.
- Risk Assessment: Identify any potential risks associated with awarding the grant to the applicant. Evaluate the organisation’s risk management strategies.
- Stakeholder Engagement: Engage with other donors, community members, or stakeholders that might have insight into the applicant’s credibility, effectiveness, and reputation.
- Documentation and Reporting: Document all findings, observations, and results from analysis. Prepare comprehensive due diligence reports with findings.
Intro: The IAM activity works to increase incomes and improve livelihoods in Uganda by promoting agriculture-led economic growth by taking a market systems development approach. It seeks to create incentives for agro-industry and agribusiness firms to invest and respond to changes in the market system.
Objectives of the project: To provide transaction advisory support including investment readiness support and capital raising for agricultural SMEs in the specified zones of influence.
Duties on the project: The scope of work was as follows:
- Sourcing and selection of 96 SMEs in the agricultural value chain, having a direct impact on 38 specified districts.
- Providing financial technical support for a total of 24 businesses. This support included creating business proposals, and investment memoranda, building financial models, and conducting financial literacy trainings.
- Deal structuring and closing for 6 SMEs and raising a total of USD 2.4M.
Objective: The project aimed to enhance the operational efficiencies and strategic direction of 26 businesses through a comprehensive needs assessment and development of tailored business development services (BDS) tools.
Duties and Responsibilities:
- Due Diligence and Initial Assessment: Reviewed existing due diligence reports and company documents to understand the operations and business models of targeted companies. Conducted an initial needs assessment for 5 businesses as part of a pilot program over 8 days.
- Development of Assessment Tools and Reports: Created tools to conduct detailed needs assessments in collaboration with other service providers. Developed a needs assessment report and service delivery plan for both the initial 5 businesses and the subsequent 21 businesses.
- Standardization of Tools: Contributed to the development of standardized BDS tools, including needs assessment processes and report templates, to ensure consistency and quality across all business assessments.
- Performance Monitoring and Reporting: Ensured compliance with all performance monitoring requests from Shona Group Limited, submitted detailed reports and service delivery plans within the stipulated timelines, and participated in performance appraisals to secure subsequent Task Orders.
Deliverables:
- Delivered comprehensive service plans and reports for each assessed business within designated timelines.
- Developed and refined BDS tools for needs assessment, which were submitted and approved by Outbox.
Intro: This was a five-year project tasked with fostering rural economic growth by facilitating the emergence of dynamic small and medium enterprises (SMEs) and a vibrant agribusiness sector. The project sought to increase rural employment by expanding investment in off-farm SMEs throughout Rwanda, prioritising 13 districts.
Objectives of the project: To increase private and commercial investment into SMEs and agribusinesses. The Activity worked directly with financial institutions, investors and associations, organizations and government entities that support them to increase their willingness and capacity to finance agribusiness and SMEs in Rwanda. At the same time, it worked directly with these businesses to increase their attractiveness to investors and preparedness to receive and manage investments.
Duties on the project: Providing investment readiness support to companies that met the initial criteria. This support included developing investor-facing documentation including pitch decks, investment memoranda, investment teasers and financial models.
