Kukula Capital
VC Fund
Lusaka, Zambia
Kukula Capital is a leading venture finance and private equity firm in Zambia. The company operates under two main business areas: Fund Management and Advisory. They act as fund manager to their two venture funds: Kukula Fund I and Kukula Seed Fund. Through the funds, Kukula Capital invests in Zambian growth companies with capital and expertise.With offices in Lusaka and Solwezi they have a strong local understanding and network which enables Kukula to identify companies with attractive long-term growth prospects, securing a strong deal flow. Their aim is to build a diversified portfolio of investments and provide exceptional financial and social returns for their investors whilst creating long-term value for the portfolio companies. Through their advisory services, they enable investors to invest alongside Kukula Fund investments and allow international companies to penetrate the Zambian market.The name Kukula is associated with growth in the local dialects of Zambia. Kukula Capital is a Joint Venture between Danish and Zambian partners and was founded in 2009. The company is regulated by the Securities and Exchange Commission of Zambia
- Total investments:
- 7
- Last investment:
- Lead investor:
- 43%
Last updated:
For AI agents: llms.txt
Industries Kukula Capital invests in
Stages Kukula Capital invests in
Countries Kukula Capital invests in
Contacts
| Name | Phone | Socials | |
|---|---|---|---|
Investment Focus
Industry
- Finance 2 (29%)
- Financial Services 2 (29%)
- Advice 1 (14%)
- Credit 1 (14%)
- Banking 1 (14%)
Stage
- Seed 6 (86%)
- Private Equity 1 (14%)
Country
- Zambia 6 (86%)
- United States 1 (14%)
Team
| Name | Title | Investments | Links | |
|---|---|---|---|---|
Chilufya Kangwa
Head of Accounts
|
Head of Accounts | Total investments: 0 | Find email | |
Jito Kayumba
Partner
|
Partner | Total investments: 0 | Find email | |
Tue Andersen
Managing Partner
|
Managing Partner | Total investments: 0 | Find email |
Investments
| Company | Description | Round | Links |
|---|---|---|---|
| Eagle Metal Fabrication offers metal fabrication and machining services. | Seed / Jan 01, 2018 | ||
| Inde Credit is a financial services company that primarily caters to Zambian SMEs and businesses in the mining and transportation sectors. They offer business finance solutions, providing useful templates and business advice to make operations easier for their clients. Their services also extend to offering detailed financial plans and accountingsoftware to help businesses keep track of their finances. They also provide resources for calculating ROI and other financial metrics, aiding businesses in making informed decisions. | Seed / Jan 01, 2018 | ||
| At Dot Com Zambia we provide a world class platform where you can come to find anything you might want to buy online. Whether you are importing goods to Zambia from your favorite online stores, finding the items you want in our online store or scoring a great deal in our online auctions, we make shopping online easier and more affordable. | $500K / Seed / Sep 09, 2015 | ||
| BBM supplies building materials, such as sand and cement, to customers in North-Western province in Zambia. | Seed / Jan 01, 2015 | ||
| Live Clean Initiatives is a renewable energy and recycling platform. | Seed / Jan 01, 2015 | ||
| Betternow Finance Company is a micro-finance company. | $917.3K / Private Equity / Dec 17, 2014 | ||
| Kunzubo is a real-estate company that engages in developing projects in residential and commercial market. Their projects include private housing, an SME business center, as well as a business park. All projects are located along the central Kansanshi Road.Kunzubo aims to help grow the local business environment through real estate offeringsand services. | Seed / Jan 01, 2014 |
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FAQ
What does Kukula Capital invest in?
Kukula Capital invests primarily in Finance, Financial Services and Advice startups, most often at Seed and Private Equity stage. Most of the 7 investments tracked by Shizune back companies in Zambia. The Investment Focus section breaks down every industry, stage and country in the portfolio.
How do I contact Kukula Capital?
Public channels for Kukula Capital include LinkedIn, the website linked on this profile and Facebook. For a verified work email and phone number, create a free Shizune account — contact data is searched across 20+ sources and validated before delivery, so your outreach lands in the right inbox.
Who are the partners at Kukula Capital?
The team at Kukula Capital includes Chilufya Kangwa (Head of Accounts), Jito Kayumba (Partner) and Tue Andersen (Managing Partner). The Team section lists each member with their title, investment count and links.
Is Shizune's investor data accurate?
Yes — every stat on this profile is calculated from confirmed public funding rounds monitored across hundreds of sources since 2020. This profile was last refreshed in Oct 2026 and is updated monthly. Spotted something off? Use the “Suggest an edit” link near the top of the page.
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