In May 2026, OeEB provided a EUR 25 million credit line to the Camco Management Limited ("Camco")-managed fund REPP 2. The 14-year financing aims to support renewable energy projects in Sub-Saharan Africa and improve access to clean and affordable energy.
| Project Name | Camco REPP 2 Feeder SCSp |
| Region | Sub-Saharan Africa |
| Sector | Energy / Resource efficiency / Infrastructure |
| Service | Investments & Financing |
| OeEB project volume | USD 25 million |
| International climate finance according to UNFCCC | Yes |
| Additionality | Financial Additionality |
| Fund domicile | Luxembourg |
| Project Partners | Camco Management Limited |
Access to reliable and affordable energy remains limited in many parts of Sub-Saharan Africa and continues to be a key constraint for economic development and job creation. At the same time, small and medium-sized renewable energy projects often face significant challenges in accessing long-term financing. The OeEB credit line directly addresses this financing gap by supporting investments in an underserved market segment.
By providing long-term funding, the facility enables investments in renewable energy and energy efficiency and supports the expansion of sustainable energy infrastructure. The financing is fully climate finance eligible and contributes directly to international climate goals. In addition, the fund aims to allocate up to 30% of its financing to companies meeting the 2X criteria, thereby promoting women’s economic participation.
REPP 2 is a specialised credit fund that mobilises capital for renewable energy investments and channels it to projects across Sub-Saharan Africa. Its investor base includes international development finance institutions and climate-focused investors.
The project is fully aligned with OeEB's strategic focus on green finance and its regional priorities in Africa and Least Developed Countries (LDCs). It helps address a critical financing gap and supports sustainable economic development and climate action in the region.