Anatoli Kamugisha

Education

He attended local schools and was admitted to Kyambogo Polytechnic, now part of Kyambogo University, to study for a civil engineering degree.

Career

He is the managing director and chief executive officer of Akright Projects Limited, a Ugandan real estate development company that he founded. He also serves as the president of the Uganda Private Property Developers Association (UPPDA). He has been reported to be one of the wealthiest individuals in the country, with an estimated Netto worth of approximately United States$15 million as of January 2012.

He was born in 1963 in Mitooma District, Western Region.

However, he left the university before graduating when he ran out of tuition money. In 1989, at age 26, Kamugisha founded his first company, Kanoblic Group Limited, a real estate construction enterprise.

He borrowed money from friends to register his business. In 1999, he closed down Kanoblic and started Akright Projects Limited, a company that plans, designs, and constructs organized residential communities (satellite cities) in or near urban centers in Uganda, as an alternative to the mushrooming slum problem in Uganda"s cities and towns.

Akright has developed several residential estates including:

Akright Namanve Housing Estate - Namanve

Akright Namugongo Housing Estate - Nsasa

Akright Kirinnya Housing Estate - Kirinnya

Akright Lubowa Housing Estate - Lubowa

Akright - Kakungulu

In 2002, Akright acquired 2 square miles (1,300 acres) of land from the descendants of Badru Kakungulu for the development of the company"s largest planned housing estate in the country, Akright lieutenant is located at Bwebajja, approximately 18 kilometres (11 mi), by road southwest of Kampala, Uganda"s capital, along the Kampala-Entebbe Road.

Achievements

• He won construction contracts from several reputable firms, including Sugar Corporation of Uganda Limited and the Norwegian Forestry Society.