The Octopus Energy Power Africa Fund (OEPA) has been created with a view to tap a region with the potential of 40 per cent of the world’s renewables.

Starting with projects across Sub-Saharan Africa, OEPA plans to invest in clean energy solutions from rooftop solar and battery storage to electric vehicle charging infrastructure and grid upgrades.

Octopus Energy Generation is working with African investment specialist Pembani Remgro Infrastructure Managers (PRIM) to create a smart, practical model that opens new doors for green investments in emerging markets.

With an initial $60m of funding and ambitions to mobilise $250mover the next three years, OEPA is seeking returns in one of the fastest-growing global renewable markets, driven by an unmatched abundance of sunshine and wind.

The fund also builds on Octopus’s partnership with Akuna Group to deliver Sierra Leone’s first-ever wind farm on Sherbro Island, bringing clean, reliable power to local homes and businesses to a region long underserved by traditional grids.

Ashleigh Gray, director of the Octopus Energy Power Africa Fund, says: “With the Octopus Energy Power Africa Fund, we’re offering a new gateway into a region where demand is soaring. This is an incredible opportunity for forward-thinking investors to support transformative clean energy projects and grow with one of the world’s most exciting markets.”

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