Permanent capital for South Africa’s green economy.
Aséli invests in post-revenue green enterprises that have proven their solutions but remain underserved by conventional finance.
Foundations, development institutions, impact investors and strategic partners can participate through grants, concessional loans, patient capital and technical support.
Permanent capital for South Africa’s green economy.
Aséli invests in post-revenue green enterprises that have proven their solutions but remain underserved by conventional finance.
Foundations, development institutions, impact investors and strategic partners can participate through grants, concessional loans, patient capital and technical support.
Capital enters once and can work more than once
1
2
3
4
Capital Partners
-
Grants, concessional loans and patient capital. Capital is provided according to each partner’s mandate.
Aséli
-
Capital is managed through a permanent capital vehicle. Savant manages sourcing, investment and reporting.
Green Enterprises
-
Aséli provides patient, revenue-aligned growth capital. Capital supports production, equipment and expansion
Capital Recycling
-
Enterprise redemptions return capital to Aséli. Recycled capital can support future businesses.
Flexible capital aligned with enterprise revenue
Aséli is not another impact fund - it is a first-of-its-kind permanent capital vehicle in Africa. Structured as a non-profit company, Aséli exists to unlock growth for green SMEs that conventional finance overlooks.
Instrument
Revenue-Based Redeemable Preference Shares.
Patient, equity-like growth capital with an agreed redemption pathway.
Revenue Alignment
Redemptions are structured around expected growth and revenue capacity rather than rigid fixed repayments.
Use of Capital
Equipment, machinery, production, inventory, working capital and defined commercial expansion.
Ways to participate
Different partners can
play different roles
Catalytic Giants
Support investment capacity, enterprise support and impact management.
Concessional Loans
Provide long-term capital on terms suited to the permanent capital model.
Patient Capital
Participate through flexible repayment, duration and return terms.
Strategic Support
Contribute technical expertise, market access and ecosystem reach.
Working across the green-finance ecosystem
Aséli works with a growing network of funders, strategic partners, programmes and platforms that strengthen capital access and enterprise growth.
Seed funder
Founding catalytic support
Anglo-American Foundation
Provided catalytic seed support for the establishment and early growth of Aséli.
Catalytic Fund Partner
Green-enterprise pipeline
Green Outcomes Fund Phase II
Savant has been selected as one of four Catalytic Fund Partners, contributing eligible green SMMEs with additionality and job-creation potential.
JET-aligned project
National platform recognition
South Africa’s JET Funding Platform
Aséli has been accepted onto the platform as a JET-aligned project, increasing its visibility to funders and partners.
Strategic partner
Green-finance and ecosystem collaboration
WWF South Africa
Working with Savant on fundraising, governance input, green-enterprise pipeline development, thought leadership and ecosystem building around Aséli.
Evergreen Capital for Climate Innovation
Aséli is not another impact fund - it is a first-of-its-kind permanent capital vehicle in Africa. Structured as a non-profit company, Aséli exists to unlock growth for green SMEs that conventional finance overlooks.
Our innovative financing model combines:
Patient, Revenue-Based Financing:
Aséli deploys capital through flexible, revenue-linked instruments that align repayments with business performance. This approach reduces pressure on early-stage enterprises, enabling them to scale sustainably while still protecting investor confidence.
Impact First Mandate:
Structured as a non-profit permanent capital vehicle, Aséli prioritises climate, social, and economic outcomes above short-term returns. Every investment decision is guided by impact potential, and all surpluses are reinvested to expand reach and deepen long-term benefits for people and planet.
Capital Recycling:
Aséli reinvests every repayment and return into new opportunities, creating a circular flow of capital that compounds over time. This model ensures that each round of investment strengthens the ecosystem, grows the pool of resources, and multiplies impact across successive generations of green enterprises.
Managed by Savant
Savant manages sourcing, due diligence, investment structuring, portfolio support and impact reporting.
- Pipeline development and deal sourcing
- Commercial, financial and technical due diligence
- Investment structuring and execution
- Portfolio monitoring and enterprise support
- Impact measurement and capital-partner reporting