Who We Are at MMAKS
Prisca Nagujja - Our team at MMAKS Advocates

Prisca Nagujja

Legal Associate
Property, Banking and Finance
Phone 1: +256 393 260 017
Phone 2: +256 393 260 330
Email: nagujja@ug.aln.africa

 background

Prisca is an Associate with the Banking and Finance team at ALN Uganda | MMAKS Advocates, one of the leading law firms in Uganda.  She has a comprehensive banking and project finance practice ranging from advising international finance parties and local project companies on a variety of transactions falling largely under the power sector. 

With over 6 years’ experience, Prisca has gained an in-depth appreciation of the needs of finance parties and project companies in project finance transactions whose structures are very nuanced. Her advisory experience includes structuring, negotiating and drafting financing documentation, preparing legal opinions, conducting high-level due diligences on project companies and advising on land acquisition and the securitisation process.

Prisca also has considerable experience in corporate law and mergers and acquisitions which experience ranges from setting up corporate entities, drafting and reviewing of corporate transactions documents (such as share purchase agreements and shareholders agreements) and advising on structuring of transactions. She also routinely advises clients on data protection and privacy related issues that affect their operations.

Prisca holds an Upper-Second Class LL.B  (Hons.) degree from Makerere University and a Post Graduate Diploma in Legal Practice from the Law Development Centre.

MEMBERSHIP IN PROFESSIONAL SOCIETIES

  • Advocate, High Court of Uganda
  • Member, Uganda Law Society
  • Member, East Africa Law Society

professional qualifications 

  • Postgraduate Diploma in Legal Practice, Law Development Centre, Uganda
  • LL. B (Hons.), Makerere University, Uganda 

career summary

2022 – date                         Associate, MMAKS Advocates, Uganda

2020 – 2021                          Senior Associate, Mukumbya Musoke Advocates, Uganda

SEP 2016 - DEC 2019          Associate, Mukumbya Musoke Advocates, Uganda

FEB 2016 - AUG 2016         Research Intern, Network of Republic Interest Lawyers, Uganda 

SEP 2015 - NOV 2015        Legal Assistant, Legal Brains Trust/Center for Legal Aid, Uganda

MAY 2015 - JUL 2015       Clerkship, Supreme Court of Uganda

languages

  • English 
  • Luganda

awards & accolades 

  • Recognised as a Rising Star in the IFLR 2021 Rankings
  • Certificate of Completion of the Global Energy Transitions, Extractive Industries’ Governance & Management, Institute of Petroleum Studies - Kampala
  • Certificate of Recognition for Leadership, Africa Hall of Residence, Makerere University
  • Certificate of Recognition for Leadership, Law Development Centre, Uganda

areas of expertise

  • Corporate & Project Finance
  • Banking
  • Data Protection & Privacy
  • Mergers & Acquisitions
  • Private Equity
  • Non-Governmental Organisations and/or Charities
  • General Corporate & Commercial Advisory

TOP MATTERS

Project Finance
  • Advising finance parties on the proposed financing of Achwa Hydro Power Plant, a 43 MW Power Plant in Northern Uganda. The transaction involved conducting a high-level due diligence on the project company and its operations, advising on the regulatory and corporate affairs of the project company as well as drafting and reviewing security and finance documents.
  • Advising finance parties on the proposed financing of Kikagati Hydro Power Plant, a 13 MW hydro power project in Kasese, Uganda. The transaction involved conducting a high-level due diligence on the project company and its operations, advising on the regulatory and corporate affairs of the project company as well as drafting and reviewing security and finance documents.
  • Advising finance parties on the proposed refinancing of Bugoye Hydro Power Plant, a 16 MW hydro power project in South-Western, Uganda. The transaction involved conducting a high-level due diligence on the project company and its operations, advising on the regulatory and corporate affairs of the project company as well as drafting and reviewing security and finance documents.
  • Advising Ndugutu Power Company Uganda Limited, the borrower in the financing of the Ndugutu Power Project (a 5.9 MW mini hydro power project in Western Uganda). The transaction involved advising on regulatory, corporate, environmental and land-related affairs of the borrower, reviewing finance and security documents, advising on the borrower’s obligations and undertakings under the transaction documents.
  • Advising Butama Hydro-Electric Company Limited, the borrower in the financing of the Sindila Power Project (a 5.25 MW mini hydro power project in Western Uganda). The transaction involved advising on regulatory, corporate, environmental and land-related affairs of the borrower, reviewing finance and security documents, advising on the borrower’s obligations and undertakings under the transaction documents.
  • Part of the team that advised KfW in the financing of Muzizi Hydro Power Project.
  • Part of the team that advised finance parties in the financing of a specialised hospital in Uganda.

Banking & Finance
  • Advising Norsad Capital Limited (Norsad), an impact investor based in Botswana, on the USD 7.5 million financing of Watu Credit Uganda Limited (Watu). The transaction involved preparation of a pledge and cession by Watu the over receivables from the motorcycle loan book of Norsad.
  • Advising Seacom Limited on the operability of security trust structures in Uganda.
  • Advising United Nations Federal Credit Union (UNFCU) on real estate financing transactions involving its members.
  • Advising Stanbic Bank Uganda on the legal and regulatory framework for the provision of custodial services by financial institutions in Uganda.
  • Advising Stanbic Bank Uganda on the validity and enforceability of termination and bilateral close-out netting provisions of the 2002 ISDA Master Agreement under Ugandan law.
  • Advising Stanbic Bank Uganda on the validity of collateral arrangements under the ISDA Credit Support Annex (English law-transfer) under Ugandan law.
  • Advising Stanbic Bank Uganda on the enforceability of repurchase transactions under the Global Master Repurchase Agreement (2000) under Ugandan law.
  • Advising Stanbic Bank Uganda on the legal and regulatory framework for the provision of custodial services by financial institutions in Uganda.
  • Advising Crowdcredit Inc., a crowdfunding platform based in Japan on its financing of a Ugandan business involved in the transport sector.
  • Part of the team that advised IFC, PROPARCO and Barclays Bank on the financing of National Cement Company Uganda Limited.
  • Advising various local commercial banks (including KCB Bank Uganda, Absa Bank Uganda, Diamond Trust Bank, dfcu Bank Uganda in their financing of individual and corporate borrowers.
  • Advising KfW on its financing of various government projects in Uganda.
  • Advising JUMO, a leading fintech in various African countries, on the proposed securitisation of escrow funds held by a mobile network operator.
  • Advising the East African Development Bank on the financing of Mercantile Credit Bank, a Ugandan Tier II financial institution licensed by the Bank of Uganda. The transaction involved drafting and review of the security documents and advising on the validity and enforceability of the securities taken in the transaction.
  • Advising Credable on the regulatory framework applicable to its proposed IT and fintech operations in Uganda.
  • Advised Metajua (U) Limited on a financing through issuance of promissory notes.

Private Equity, M&A
  • Advising the East Africa Venture Capital Association (EAVCA) on Uganda’s legal and regulatory framework for structuring local domicile private equity and venture capital funds under a limited liability partnership vehicle.
  • Advising Softbank Group Corp, a multinational company listed in Japan on an acquisition of a stake in Ituka West Nile Uganda Limited.
  • Advising Global Social Impact Investments SGIIC on its investments in various Ugandan companies.
  • Advised an insurance company with regional presence in East Africa on regulatory and compliance matters under Uganda’s insurance laws in light of a proposed share acquisition.
  • Advising Patasente Limited, a fintech in Uganda on its corporate and loan structuring transactions.
  • Advising XSML on various financings of SMEs in Uganda.
  • Advising Q-Sourcing Limited and Q-Training Limited on the acquisition of majority shares by Servtec International Group. The transaction involved advising on the legality of the share acquisition and drafting and negotiating terms of the transaction documents.
  • Advising classM France on the acquisition of shares in Pure Grow Africa Limited, Ugandan agri-business company. The transaction involved conducting a comprehensive due diligence on the target, drafting and reviewing of transaction documents and advising on the structuring of the transaction.
  • Advised Grace Advisory Impact on a share acquisition transaction.
  • Advised Q-Sourcing Limited and Q-Training Limited on the acquisition of majority shares by Servtec International Group.
  • Conducted a corporate due diligence on the Security Group Africa corporate group.
  • Part of the team that advised Lereko Metier Sustainable Capital Fund Trust on capital gains tax in Uganda.
  • Part of the team that advised Asigma Energy Fund 1 LLP a Ugandan private equity fund on its acquisition of shares in Moto Geothermal Projekt Limited a Ugandan geothermal energy company. The transaction involved advising the fund on the legalities and necessary documentation required to effect the share acquisition and drafting and reviewing the transaction documents.
  • Part of the team that advised Biyinzika Enterprises Limited on its sale of assets and shares in a Ugandan company to private equity fund. The transaction involved the review of transaction documents and advising on the structuring of the transaction.
  • Part of the team that advised KMRI LLC, Lereko Metier Sustainable Capital Fund, WK Power and Fieldstone S.A.R.L Holdings on the acquisition of shares in Butama Hydro-Electricity Company Limited and aspects of regulatory approval.
  • Part of the team that advised a client on an IPO (Initial Public Offering) through a stock sale on the Uganda Securities Exchange and on compliance with the Capital Markets Authority.

Data Protection & Privacy
  • Advising Accenture, an international IT company on regulatory and compliance matters (such as registration and transfer of personal data) under Uganda’s data protection and privacy laws with regard to its operations in Uganda.
  • Advising Toyota Tsusho on the applicability of Uganda’s legal and regulatory framework on data protection and privacy aspects such as regulatory requirements and security of personal data.
  • Advising St. Jude Children’s Research Hospital, a paediatric treatment and research facility based in, Memphis, Tennessee on the applicability of Uganda’s data protection and privacy laws to a proposed scientific study in Uganda.
  • Advising the College of Saint Benedict & Saint John’s University, a university based in Minnesota, USA, on the applicability of Uganda’s legal and regulatory framework on data protection and privacy aspects such as regulatory requirements and security of personal data.
  • Advising Standard Chartered Group on regulatory and compliance matters (such as registration, transfer of personal data, lawful basis for data processing) under Uganda’s data protection and privacy laws with regard to its operations in Uganda.
  • Advised Dimagi Inc. on the applicability of Uganda’s data protection and privacy laws to its operations in Uganda.

Advisory
  • Advised Skoll Foundation on the enforceability of its independent contractor agreement.
  • Advised Nanopay Corporation Inc. on Ugandan ICT laws in respect of its proposed transactions in Uganda.
  • Conducted due diligence on Intelworld Co. Limited a company licensed to carry out the business of gaming and sports betting in Uganda.
  • Part of the team that advised Uber BV on its operations in Uganda.
 Non-Governmental Organizations
  • Advising various non-governmental organisations on their operations in Uganda (such as employment, immigration, corporate and compliance aspects of their operations). These organisations include the Agency for Cooperation and Research in Development (ACORD), Once Acre Fund, Global Health Corps, We Care Solar, Social Impact Inc., Komo Learning Centres, Nama Wellness Centre and Iowa State University.