MARKET-LED CLEAN ENERGY FINANCE · UGANDA
ABOUT HUMENERGI

Finance that powers enterprise. Energy that powers opportunity.

Humenergi Uganda Limited makes finance work for clean energy enterprises serving refugee settlements and underserved surrounding areas.

OUR MISSION

Expanding access to affordable, reliable clean energy

To expand access to affordable, reliable and productive-use clean energy in Uganda’s refugee settlements and underserved surrounding areas by providing market-led finance, technical assistance and partnerships that help energy enterprises grow sustainably.

Through responsible lending and targeted capacity building, we help enterprises reach communities that traditional finance often leaves behind , working with off-grid energy companies, last mile distributors, and refugee-led organisations to unlock working capital, inventory finance and practical technical support.

OUR OBJECTIVES

Three goals. One purpose: clean energy access.

Humenergi’s objectives combine impact, responsible finance and market development for refugee settlements and underserved surrounding areas.

OBJECTIVE 01

Change in the refugee settlements

Affordable clean energy that improves daily life, livelihoods and climate resilience where it is needed most.

Expand access

Increase access to affordable clean energy products and services in refugee settlements and underserved surrounding areas.

Power livelihoods

Support productive-use energy solutions that improve livelihoods, enterprise growth and household income.

Build climate resilience

Contribute to climate resilience by reducing reliance on unsustainable fuels and supporting cleaner energy alternatives.

OBJECTIVE 02

Support to SMEs and refugee-led organisations

Capital and capacity for the enterprises doing the hard work of energy access.

Finance the right enterprises

Provide suitable finance to eligible off-grid energy companies, last mile distributors, and refugee-led organisations.

Strengthen capacity

Strengthen the financial, operational and governance capacity of energy enterprises through technical assistance.

OBJECTIVE 03

Filling the gap in the finance sector

A credible, scalable model of responsible lending for markets that traditional finance leaves behind.

Lend responsibly

Promote responsible lending, portfolio discipline and transparent governance in line with Humenergi’s fund model and investment policies.

Prove blended finance at scale

Demonstrate a scalable blended-finance approach that can attract partners, donors, investors and public-sector collaborators.

Change in the refugee settlements

Affordable clean energy that improves daily life, livelihoods and climate resilience where it is needed most.

  • Expand access: Increase access to affordable clean energy products and services in refugee settlements and underserved surrounding areas.
  • Power livelihoods: Support productive-use energy solutions that improve livelihoods, enterprise growth and household income.
  • Build climate resilience: Contribute to climate resilience by reducing reliance on unsustainable fuels and supporting cleaner energy alternatives.

Capital and capacity for the enterprises doing the hard work of energy access.

  • Finance the right enterprises: Provide suitable finance to eligible off-grid energy companies, last mile distributors, and refugee-led organisations.
  • Strengthen capacity: Strengthen the financial, operational and governance capacity of energy enterprises through technical assistance.

A credible, scalable model of responsible lending for markets that traditional finance leaves behind.

  • Lend responsibly: Promote responsible lending, portfolio discipline and transparent governance in line with Humenergi’s fund model and investment policies.
  • Prove blended finance at scale: Demonstrate a scalable blended-finance approach that can attract partners, donors, investors and public-sector collaborators.
“Finance that powers enterprise. Energy that powers opportunity, livelihoods and resilience.”
The Humenergi key message
LEADERSHIP

A message from the Managing Director

Micheal Muwonge, Managing Director, Humenergi Uganda

Micheal Muwonge

Managing Director, Humenergi Uganda Limited

Dear Partners and Friends,

Humenergi Uganda Limited was created with a clear and practical purpose: to make finance work for clean energy enterprises serving refugee settlements and underserved surrounding areas. Our belief is simple. When responsible finance reaches the right enterprises, energy access becomes more affordable, markets become stronger and communities gain the tools to improve their livelihoods.

Across Uganda’s refugee settlements and underserved surrounding areas, we see entrepreneurs, households and community institutions working with courage and creativity. Yet many of the enterprises that can serve these markets face working capital constraints, limited inventory, weak systems and insufficient technical support. Humenergi is designed to address these barriers through fit-for-purpose finance and hands-on capacity building.

Our approach is commercially disciplined and impact-led. We finance enterprises that demonstrate need, capacity and commitment to serve underserved markets. We combine lending with technical assistance, portfolio monitoring and partnerships so that growth is responsible, measurable and sustainable.

For refugees, energy can mean opportunity, safety, study time, business opportunity and hope. For host communities, it can mean stronger local enterprise, better services, more jobs and shared prosperity. For the environment, it means cleaner technologies, reduced pressure on natural resources and greater climate resilience.

As Managing Director, I am committed to building Humenergi as a trusted, transparent and results-driven institution. We welcome collaboration with energy companies, refugee-led organisations, development partners, investors, government agencies and community leaders who share our vision of inclusive clean energy access.

Together, we can power enterprise, opportunity and resilience.

Micheal Muwonge

Managing Director, Humenergi Uganda Limited

HOW WE WORK

The principles behind every loan

Commercially disciplined

A rigorous investment process, practical due diligence and repayment discipline on every loan.

Impact-led

We finance enterprises that demonstrate need, capacity and commitment to serve underserved markets.

Transparent & accountable

Portfolio monitoring, impact measurement and reporting support accountability and learning.

Partnership-driven

We build with donors, DFIs, government, humanitarian actors and private-sector players.

OUR PARTNERS

Working With Partners Who Share Our Mission

Humenergi’s work in Uganda is made possible through partnerships that bring capital, technical expertise and market access to clean energy enterprises.

Mercy Corps is the majority shareholder and incubator of Humenergi.

Mercy Corps is becoming Prosper Global later in 2026! Learn more here.

Transforming Energy Access (TEA) logo

The UK Government funds Humenergi via Mercy Corps through the Transforming Energy Access platform. TEA is funded by the UK government’s Foreign, Commonwealth & Development Office (FCDO) through its Global Research and Technology Development (GRTD) portfolio, and is part of the UK’s Ayrton Fund.

Provides technical assistance and quality assurance to refugee-led organisations in the lending pipeline.

Coordinates humanitarian energy stakeholders globally, linking policy and delivery partners.

Share our vision of inclusive clean energy access?

We welcome energy companies, refugee-led organisations, development partners, investors and community leaders.