Investing for Impact
through
financial innovation
that have proven their solutions but remain underserved by conventional finance.
Investing for Impact
through
financial innovation
Aséli provides patient growth capital to post-revenue South African green enterprises that have proven their solutions but remain underserved by conventional finance.
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About Aséli
Unlocking the growth of South Africa’s green economy
Aséli bridges the financing gap facing post-revenue green enterprises moving from proven demand to commercial scale.
We combine patient capital, revenue-aligned investment and enterprise support to help businesses expand production, strengthen their systems and create measurable impact. Capital returned by portfolio companies remains within the permanent capital vehicle and can support future enterprises.
The
Missing
Middle
Green enterprises are often too developed for early grants, too small or insufficiently collateralised for banks, and poorly suited to traditional venture capital.
Many have working solutions, customers and revenue. What they lack is patient capital designed for the move from traction to scale. Without suitable finance, production remains constrained, commercial growth slows and the environmental and employment potential of these businesses remains unrealised.
0
Direct green jobs could be created across Africa by 2030, according to FSD Africa and Shortlist research with analysis by Boston Consulting Group.
From EV scale ups to green power,
we invest in the sustainable industries of the future.
The structure uses innovative financing mechanisms and market- based environmental assets to drive financial returns and social economic and environmental impact. Operating as an evergreen fund, we reinvest all returns into new opportunities.
What we invest in...
Aséli supports investment into South African small, micro, and medium enterprises operating in the climate-tech and green economy. We back post-proof-of-concept, post-revenue businesses that have validated their solutions and are ready to scale commercially. These enterprises must demonstrate strong potential to create sustainable jobs, drive inclusive economic growth, and deliver measurable environmental impact. Typical investments range from R5 million to R40 million, with the investment quantum scaling as funds under management increase.
Mobility and Transport
Driving the shift toward cleaner, smarter mobility. We back electric vehicle infrastructure, green logistics, and innovative transport solutions that reduce emissions and reshape movement across Africa.
Waste Management
Transforming waste into opportunity. Our investments support circular economy models that turn by-products into valuable resources and minimize environmental impact.
Nature and Agriculture
Nurturing sustainable growth. We invest in regenerative farming, agri-tech, and land restoration projects that secure food systems while protecting biodiversity.
Energy and Power
Powering progress responsibly. We fund renewable energy, green hydrogen, and cleaner industrial processes that accelerate the transition to a low-carbon economy.
Manufacturing
Investing in the future of production. Our focus is on sustainable automation, smart factories, and technologies that enhance efficiency while lowering carbon footprints.
Advanced Materials
Where technology meets impact. We back frontier innovations in materials, biotech, and environmental science that enable a sustainable and equitable future.
Choose your route
Help build a permanent source of green-economy capital
Explore how foundations, development institutions, impact investors and strategic partners can participate.
Find out whether your business fits
Review Aséli’s sectors, eligibility requirements and application process.
Portfolio
Capital already at work
Energy and resource efficiency
Supporting technology that helps customers monitor energy use and reduce water-related losses.
Energy and resource efficiency
Supporting technology that helps customers monitor energy use and reduce water-related losses.
Current Impact
H1 2026 portfolio snapshot
0 %
of the portfolio is youth-owned.
0 %
of current employment is held by young people aged 15 to 34.
0 %
of current jobs meet Aséli’s low-income job definition.
0
net new sustainable jobs created since investment.
Centered around three pillars:
Economic Resilience:
Building inclusive green economies by supporting enterprises that create sustainable jobs and resilient livelihoods.
Environmental Impact:
Financial Innovation:
Finance designed around enterprise growth.
Post-revenue businesses
South African green enterprises with validated solutions, paying customers and a clear opportunity to scale.
Patient growth capital
Revenue-aligned investment
Latest from Aséli
News and updates
Investing in the industries behind South Africa’s Just Energy Transition
Unlocking growth capital for South Africa’s green businesses
Anglo American Foundation backs Aséli Impact Capital with catalytic seed funding
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:
Capital Recycling:
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:
Capital Recycling:
Our path to impact
Our impact is driven by a Monitoring & Evaluation (M&E) framework that anchors every investment and activity in measurable outcomes.
We focus on clear impact priorities, robust data collection, and continuous performance tracking across enterprises, portfolios, and ecosystems.
