Advisory
Transaction advisory, M&A, capital raising, and capital markets solutions for corporates and institutions across Zambia and the region.
Corporate Advisory for Zambia's Most Significant Transactions
Kukula's advisory practice provides independent, transaction-focused advice to corporates, entrepreneurs, and institutional investors across Zambia and the wider region. We advise on M&A, capital raising, capital markets transactions, and strategic corporate finance mandates.
We act as a trusted partner throughout the transaction lifecycle — from mandate origination through to close — combining deep local market knowledge with institutional transaction execution standards.
How We Advise
Independent, rigorous, and fully aligned with our clients' objectives. Our advisory process is structured to deliver outcomes, not just advice.
We work with clients to define objectives, structure the transaction, and establish the right process — whether a competitive sale, targeted approach, or public market route.
We prepare the analytical and marketing materials required — financial models, information memoranda, management presentations — to position the client compellingly to counterparties.
We run the transaction process — managing counterparty engagement, negotiating terms, coordinating due diligence, and driving the process toward a successful close.
Select Transactions
A selection of advisory mandates across M&A, debt advisory, and capital markets transactions.
Capital raising for invoice discounting operations.
Sole lead financial advisor on capital raising, sourcing funding from development finance institutions to support Inde Credit's invoice discounting platform and working capital financing activities.
Debt raise to support expansion of operations.
Sole lead financial advisor on the structuring and execution of a debt raise for Java Foods, supporting the expansion of its manufacturing capacity and distribution footprint.
Commercial paper programme to support lending operations.
Sole lead financial advisor on the structuring and execution of a commercial paper programme for Unifi Credit, providing scalable funding to support the growth of its lending book.
Exit of core shareholder to institutional investors.
Advised on the exit of the core shareholder of Capital Fisheries to institutional investors, managing the full transaction process from mandate to close.
Senior debt raise for hotel expansion in Lusaka.
Sole lead financial advisor on the senior debt raise for Latitude Hotels Group's expansion programme in Lusaka.
Debt financing for agri equipment distribution expansion.
Sole lead financial advisor on debt financing for Saro Agro Industrial's agri equipment distribution expansion programme.
IPO and inaugural listing on Zambia's Alternative Market (AltM).
Advised on the IPO and inaugural listing of Dot Com Zambia on Zambia's Alternative Market — a landmark capital markets transaction for the country.
Capital markets advisory on the LuSE.
Transaction advisory on capital markets activity for Real Estate Investments Zambia on the Lusaka Securities Exchange.
Connect with Us
Whether you are a business seeking growth capital, an institution looking for a trusted advisory partner, or an investor exploring Zambia's market — we would like to hear from you.
→Get in Touch