Funding roundDebt Financing
Shona Capital Zambia Debt Financing
Shona Capital Zambia raised $5M in a Debt Financing from TLG Capital. It was announced on 8 April 2026.
- Amount raised
- $5M
- USD
- Announced
- 6 months ago
- Investors
- 1
Investors in Shona Capital Zambia's Debt Financing1
- TLG CapitalParticipatingProfile of TLG Capital →
Venture Capital
About this round
$5 million scaling debt facility (credit facility, not equity) from TLG Capital's Africa Growth Impact Fund II to Shona Capital Zambia Limited, a Lusaka-based SME lender. Capacity is released in subsequent tranches as the loan book scales; additional guarantors and institutional partners are expected to join. Announcement date basis: earliest dated public item found is Africa Private Equity News, page-dated Apr 08, 2026; company release and Condia are dated 9 April 2026 and the company release says only 'April 2026'. The sources say the facility 'has closed' but give no closing date, so date_closed is unset. TLG is the only disclosed investor; lead status is not stated. No valuation disclosed. Not the same deal as TLG's $5M facility to SHONA Capital Uganda (startup 5922, 2026-07-15). Source text: company release is first-party; press coverage is secondary.
Sources for this round4
- shonazambia.co.zmTLG Capital Closes $5 Million Scaling Facility for Shona Capital Zambia Limited (company release, Shona Zambia site)
- africaprivateequitynews.comTLG Capital closes $5m scaling facility for Shona Capital Zambia (Africa Private Equity News, Apr 08, 2026)
- avca.africaAVCA | TLG Capital in scaling facility deal
- thecondia.comTLG Capital closes $5 million credit facility for Zambian SME lender Shona Capital (Condia, 9 Apr 2026)
Frequently asked about Shona Capital Zambia's Debt Financing
- How much did Shona Capital Zambia raise in its Debt Financing?
- $5M, announced on 8 April 2026.
- Who invested in Shona Capital Zambia's Debt Financing?
- 1 investor is named for this round: TLG Capital.
