Power up! £250 Million for Africa’s Renewable Energy Future

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 despite sitting on some of the planet's best solar and wind resources.

That’s exactly what we want to change. To supercharge the energy transition across Africa’s sun-soaked landscapes, we’ve launched the Octopus Energy Power Africa Fund with an initial £60 million and an ambitious plan to grow it to £250 million over the next three years. From rooftop solar and battery storage to electric vehicle charging and smart grid upgrades, the fund will back projects that light up Sub-Saharan Africa.

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 family offices, 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.

While our new Octopus Energy Power Africa Fund is our most ambitious leap in Africa yet, it’s far from the beginning of our journey there. In partnership with Idris Elba’s Akuna Group, we’re building Sierra Leone's first wind farm to bring clean, affordable energy to the area and kick-start a new wave of green economy,

Across Africa, brilliant minds are developing the next breakthrough energy technologies. To celebrate and support their innovation, we’ve launched the Africa Energy Entrepreneurship Awards in partnership with the King’s Sustainable Markets Initiative.

And we are also working with MOPO, a solar-powered battery company renting power-bank-style units on a pay-as-you-go basis, helping households and businesses unlock economic opportunities that were previously out of reach.

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. By generating power where the sun shines brightest and the wind blows strongest, we can make the most of abundant renewable potential. This means driving down energy costs quickly while building a clean energy system that benefits all.

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 is expected to grow faster than anywhere on Earth. The choice we make now about how to power that growth will shape the climate for generations.

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 energy demand. Expanding access to renewable energy doesn’t just power homes; it powers opportunity. It enables entrepreneurs to thrive, businesses to grow, and communities to build sustainable prosperity for the future.

Our job as a global energy disruptor is to help local communities and investors make that happen.

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