Currently, there is limited funding available for small and mid-scale commercial and industrial renewable energy projects in Southern Africa.  

Axum was engaged to establish and manage a renewable energy debt fund sponsored by various stakeholders. We supported by establishing governance structures (investment policy, environmental compliance policies, social compliance policies, investment policy selection of and establishment of independent investment / credit committee), documenting and negotiating grant and loan documentation from commercial funders, establishing a market notes program, reporting and back-office policies and procedure,  documenting and negotiating of technical assistance facility (TAF) policies, and recruiting a management team. 

Since its establishment, the fund has provided financial support for over 175 small and mid-scale commercial and industrial renewable energy projects.