Electrification: EDF buys solar kit supplier upOwa in Cameroon

Électricité de France (EDF) is strengthening its position in Cameroon. The French company has just acquired upOwa, a Yaoundé-based company specializing in rural electrification. In Cameroonian villages, the company founded in 2014 installs solar home systems that have gained a certain notoriety throughout sub-Saharan Africa.

Since 2019, upOwa has been majority-owned by the Renewable Energy Performance Platform (REPP) through a €1.3 million investment made as part of a $3 million fundraising round. “With the support of REPP as a major shareholder, upOwa has grown significantly in recent years, providing tens of thousands of people with their first access to energy,” says Brian Lukera Wambani, Investment Director and REPP Manager at Camco, the investment platform’s manager.