Kukula Capital

Kukula Capital is an impact investment firm based in Lusaka, Zambia, established in 2009 through a joint venture between Danish and Zambian partners. The company specializes in venture finance and private equity, focusing on small and growing businesses in Zambia. It operates primarily in two areas: Fund Management and Advisory. Kukula Capital manages two venture funds, which provide capital and expertise to Zambian growth companies, aiming to build a diversified investment portfolio that delivers both financial and social returns. With offices in Lusaka and Solwezi, the firm leverages its strong local network and understanding to identify companies with promising long-term growth potential. Additionally, Kukula Capital offers advisory services that facilitate investments alongside their funds and assist international companies in entering the Zambian market. The firm's name, "Kukula," signifies growth in local dialects, reflecting its commitment to fostering economic development in the region. Kukula Capital is regulated by the Securities and Exchange Commission of Zambia.

Andersen, Tue Nyboe

Managing Partner

Niels Bojsen

Co-Founder and Managing Director

Jito Kayumba

Partner

4 past transactions

Dot Com Zambia

Seed Round in 2015
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.

Betternow Finance Company

Private Equity Round in 2014
Betternow Finance Company is a micro-finance company. They provide access to credit for everyone living, working or engaged in entrepreneurship. Their target market is individuals and Small to Medium Enterprises (SMEs), who are below the banking pyramid. In the future, they intend to provide technical assistance, capacity building, development of management, and tailor made products to our SMEs.

Kunzubo

Seed Round in 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 offerings and services.

More Beef

Venture Round in 2012
More Beef processes, produces, and supplies sausages and cold meats to stores and restaurants in Zambia.
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