# Damascus Capital

Damascus Capital is a Private Equity based in Kampala, Uganda.

## Overview

- **Organization type:** Private Equity
- **Headquarters:** Kampala, Uganda
- **Region:** Africa
- **Address:** Kampala, Uganda
- **Assets under management:** Undisclosed
- **Website:** www.damascuscapital.com
- **LinkedIn:** linkedin.com/company/damascus-capital

## Regulatory record

- **Reports private funds:** No

## About

Damascus Capital is an experienced private equity investor with a track record in investing in Africa. It focuses on growth capital investment opportunities in Uganda, driven by a consumer class with significant unmet demand. As an equity investor it invests in SMEs in Uganda, creating value through active board participation and patient capital rather than operating companies directly. It also provides buy-side and sell-side advisory with expertise in East African PE acquisitions and exits.

## Sectors

- SMEs in Uganda

## Questions

### Who runs investment decisions at Damascus Capital?

No named principals or investment committee members are disclosed in public records.

### Does Damascus Capital participate in fund commitments or only direct deals?

Available information shows only a private equity mandate without detail on fund commitments versus direct investments.

### What investment stages does Damascus Capital typically target?

The firm targets growth and pre-IPO stages according to its stated strategy.

## Related profiles

- [Dama Ventures](https://altss.com/profile/dama-ventures)

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Last updated: 2026-08-11T15:06:35.052Z

Canonical page: https://altss.com/profile/damascus-capital

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