£250 million investment in African clean energy

Africa is home to nearly 40% of the world's renewable energy potential. Yet this energy-rich continent receives just 2% of global clean energy investment. Millions of people still lack reliable electricity while sitting on some of the planet's best solar and wind resources.

African governments like Kenya and South Africa have some of the world’s most ambitious Net Zero plans. But it will require significant investment. We've already started making a difference. Our partnership with Akuna Group is building Sierra Leone's first wind farm, and we've invested in MOPO, a solar battery company bringing power to off-grid communities. Still, our new Octopus Energy Power Africa Fund represents our most ambitious African venture yet.

The Octopus Energy Power Africa Fund launches with £60 million and plans to reach £250 million over three years. We're partnering with Pembani Remgro Infrastructure Managers, who bring deep local market expertise to complement our renewable energy experience.

The fund will invest across Sub-Saharan Africa in everything from rooftop solar and battery storage to electric vehicle charging and smart grid upgrades. We're not just building big solar farms. We're targeting the technologies that can transform how Africa powers itself at every level.

You might wonder what an African solar farm has to do with British energy customers. The answer is everything. Climate change doesn't respect borders. Every solar panel installed in Kenya reduces global carbon emissions. Every wind turbine in South Africa means one less coal plant needed anywhere else. The global energy transition benefits everyone and more renewable energy worldwide means faster cost reductions and better technology for all.

Plus, our global investments represent something deeper than profit. When we help power a hospital in Ghana or connect a school in Kenya to the grid, we're part of building a fairer, cleaner world. Africa's energy demand will grow faster than anywhere on Earth. The choice we make now about how to power that growth shapes the climate for generations.

We want to do this right. That's why we're working with investors who share our mission and who understand that positive impact and investment go together. These include local, community-oriented foundations, and individuals who care about building something meaningful alongside financial success.

We're also working with fund design experts to create more flexible investment structures than typical infrastructure funds, ensuring our approach works for both investors and the communities we're supporting.

We've proven that renewable energy can be cheap, reliable, and popular. Our customers love our clean tariffs and innovative products like The Collective, where people can invest in local wind and solar projects from £25.

Now we're scaling that success globally. Africa could become a clean energy superpower with its abundant sunshine, strong winds, and growing demand. Our job as a global energy disruptor is helping local communities and investors to make that happen.

Ready to join the energy revolution at home? Discover the Collective and start investing in UK renewable projects from just £25.