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The Off-Grid Energy 

Access Fund

Empowering local capital markets

About OGEF
Over half the population in Sub-Saharan Africa lacks access to reliable sources of energy. The Off-Grid Energy Access Fund, OGEF, helps tackle this challenge by providing local currency financing solutions to companies bringing affordable solar energy to communities living off the grid in the region.
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Investment Strategy



OGEF's flexible approach is responsive to the needs of the African energy access sector, accommodating different funding requirements, jurisdictions and borrower types. Eligible borrowers include companies and specialist SPVs and span distributors, consumer finance providers, appliance companies, mini-grid developers and, indirectly, software and other service providers.

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Increasing the availability of local currency debt for the African energy access sector is at the heart of OGEF's mission. We work with borrowers across all currencies in sub-Saharan Africa within the local market pricing dynamic, investing via a range of debt instruments, including receivables lending, inventory finance, other working capital lending and unsecured corporate debt.



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In the long term, local capital markets will be the optimal source of local currency finance and wider debt for the energy access sector. OGEF will provide support for borrowers seeking to engage with local capital markets in terms of capacity building, outreach to investors, transaction structuring as well as advising and funding efforts to enhance the local regulatory environment.



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Investment Parameters

Africa focused

Lending to companies and SPVs domiciled in Africa

 ticket size 

US$2-10 million ticket sizes in the applicable local currency

 lending rates 

Competitive lending rates depending on transaction structure and risk profile

 flexible tenor 

12-60 month tenors depending on transaction structure

Investment Parameters
Investors & Supporters
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Fund Manager
Fund Manager
OGEF is managed by Cygnum Capital Group, a UK FCA-regulated alternative asset manager. The firm specialises in fund management and financial advisory for innovative financial strategies and transactions across Africa and has offices in Nairobi, Lagos and London.
For more information on Cygnum Capital Group please see, and
Contact us
Contact us

To get in touch, please fill out the form below or send us an e-mail at

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Any person, community or organisation who is adversely impacted by FEI OGEF LP can lodge a grievance against the fund, fund manager, an investee company or any other party related to the fund.


Grievances should preferably contain the following information:

  1. The identity of the complainant(s): name(s), address(es) and other contact information;

  2. The identity of the individual, project or other party related to the fund against which the complaint is being made; 

  3. A description of the issue; and

  4. A description of any action taken to date. 

The persons who have lodged a grievance will be kept informed about expected response times and progress made in addressing grievances. The identity if the complainant will be kept confidential.

Grievances can be submitted by emailing Any complaint submitted by email will be reviewed by the Fund E&S Officer and automatically shared with the Fund Advisory Committee and African Development Bank for 3rd party review. 

Grievances can also be sent to the Fund Manager, Advisory Committee or African Development Bank directly by letter to:

E&S Officer


Cygnum Capital Group

130-132 Buckingham Palace Road

London SW1W 9SA

United Kingdom

Advisory Committee (Complaints)


c/o Ocorian Corporate Services (Mauritius) Ltd

6th Floor, Tower A, 1 CyberCity,

Ebene 72201,

Port Louis, Mauritius

Compliance Review & Mediation Unit African Development Bank

BP 1387 Abidjan 01 

Cote d'Ivoire 

-  or via -

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c/o Ocorian Corporate Services Ltd

6th Floor, Tower A, 
1 CyberCity,
Ebene 72201, 
Port Louis, Mauritius

Cygnum Capital Group


130 Buckingham Palace Road


London, UK



Valley View Office Park

Tower A, Floor 3

City Park Drive

Nairobi, Kenya


6th Floor, Sapetro Towers,

1 Adeola Odeku Street,

Victoria Island

Lagos, Nigeria

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