Kukula Capital is proud to have acted as Transaction Advisor and Sponsoring Broker on the IPO and inaugural listing of Dot Com Zambia Plc on the Lusaka Securities Exchange Alternative Market (AltM) — a landmark moment for Zambia’s capital markets and a transaction that reflects the growing depth and ambition of the country’s private sector.
A milestone for Zambia’s capital markets
The listing of Dot Com Zambia marks the first technology company to list on Zambia’s Alternative Market, and one of the most significant capital markets transactions the country has seen in recent years. The AltM was established to provide a regulated and accessible route to public capital for Zambia’s growth-stage companies — and Dot Com Zambia’s listing demonstrates that this infrastructure is maturing and capable of supporting high-quality issuers.
For Kukula Capital, the transaction represents the culmination of years of work at the intersection of private capital and public markets in Zambia. As Transaction Advisor and Sponsoring Broker, Kukula led the full advisory process — from structuring the transaction and preparing the prospectus through to coordinating with the LuSE and supporting investor engagement ahead of listing.
About Dot Com Zambia
Dot Com Zambia is one of Zambia’s leading technology and digital services companies, providing a range of connectivity and digital infrastructure solutions to business and consumer customers across the country. The company’s listing on the AltM gives it access to growth capital from Zambian and regional investors, and establishes a public profile commensurate with its position as a leader in Zambia’s emerging digital economy.
Kukula’s role in building Zambia’s capital markets
Kukula Capital has been active in Zambia’s capital markets for over 15 years — first as a fund investor backing growth-stage SMEs, and increasingly as an advisor on some of the country’s most significant private sector transactions. The firm’s Advisory practice brings together deep local market knowledge, institutional discipline, and a genuine commitment to building the foundations of a functioning capital market in Zambia.
The Dot Com Zambia transaction is the latest expression of that commitment — a well-structured, well-executed listing that we hope will serve as a template for other growth companies considering the public markets as a route to capital.