# Kukula Capital

> Kukula Capital is a VC fund in Lusaka backing Advice and Credit. See 2 investments, check sizes, portfolio and contact details. Updated Sep 2026.

- Type: VC Fund
- Location: Lusaka, Zambia
- Total investments: 2
- Last investment: Jan 2018
- Lead investor: 0%
- Last updated: Sep 2026
- LinkedIn: https://www.linkedin.com/company/kukula-capital
- Website: https://x.com/infokukula
- Facebook: https://www.facebook.com/kukula-capital-926169160800248

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

## Contacts

5 contacts available for Kukula Capital. Shizune tracks 3 team members at Kukula Capital. Sign up free to unlock them: https://app.shizune.co/sign-up/investor-profiles/find-team-emails/kukula-capital?utm_source=investor_profile

## Investment focus

### Industry

| Industry | Investments | Share |
| --- | --- | --- |
| Advice | 1 | 50% |
| Credit | 1 | 50% |
| Finance | 1 | 50% |
| Precious Metals | 1 | 50% |
| Customer Service | 1 | 50% |

7 industries tracked in total.

### Country

| Country | Investments | Share |
| --- | --- | --- |
| Zambia | 1 | 50% |
| United States | 1 | 50% |

## Team

| Name | Title | Investments | Profile |
| --- | --- | --- | --- |
| Chilufya Kangwa | Head of Accounts | 0 | https://shizune.co/investors/profile/chilufya-kangwa |
| Jito Kayumba | Partner | 0 | https://shizune.co/investors/profile/jito-kayumba |
| Tue Andersen | Managing Partner | 0 | https://shizune.co/investors/profile/tue-andersen |

## Investments

| Company | Description | Amount | Stage | Date | Website |
| --- | --- | --- | --- | --- | --- |
| Eagle Metal Fabrication | Eagle Metal Fabrication offers metal fabrication and machining services. |  | Seed | Jan 01, 2018 |  |
| Inde Credit | 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 |  |

2 of 2 investments shown.

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## Featured in investor lists
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## FAQ

### What does Kukula Capital invest in?

Kukula Capital invests primarily in Advice, Credit and Finance startups, most often at Seed stage. Most of the 2 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 Sep 2026 and is updated monthly. Spotted something off? Use the “Suggest an edit” link near the top of the page.

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