Kukula Capital
Impact investorLusaka · Seed–Growth · 10 people tracked
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Investment thesis
Kukula Capital works to deepen capital markets and support sustainable growth across Zambia and the wider Sub-Saharan African region. It operates through three integrated service areas: advisory (transaction advisory, M&A, capital raising, and capital markets solutions), asset management (portfolio management, fund administration, and investment monitoring), and research & consulting (market research, due diligence, investment readiness programmes, and project development). The firm combines patient capital with hands-on expertise, partnering with founders, management teams, and institutions. Its work spans SME investment readiness, IPO and listing advisory, debt raises, renewable energy project development, and impact investment research, blending institutional standards with local knowledge.
Source: firm website, verified Aug 3, 2026.
Team · 10 people
from the firm's website & curatedFounder mafia
4 people who came through Kukula Capital went on to found or lead other companies.
What they invest in
from 1 of 2 portfolio companiesAI & Machine Learning ×1Fintech ×1Mobility & Transportation ×1
HQs:Zambia×1
Investments · 2 tracked
founders shown can be your intro pathDot Com Zambia PLC is a Zambian technology company that builds and operates digital tolling, mobility, and payment infrastructure, including the eToll platform used by individuals, corporate fleets, and government institutions.
AI & Machine LearningFintechMobility & TransportationLusaka, ZM
Mawano Kambeu(Founder & CEO)in
Other
Tracked investments with no reachable website or further public details — typically companies that wound down, renamed, or were absorbed.
BBM (Bresmar Building Materials)
Frequently asked questions
- What stage does Kukula Capital invest at?
- Kukula Capital invests at the Seed, Growth stages.
- What sectors does Kukula Capital focus on?
- Kukula Capital focuses on AgTech, Cleantech, Climate Tech, Energy, Fintech, Impact & Social Good, PropTech.
- Where is Kukula Capital located?
- Kukula Capital is headquartered in Lusaka, ZM.
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