Afreenergy Solar secures US$13.4 million in senior debt from REPP 2 to expand in Senegal

Afreenergy Solar has secured US$13.4 million in senior debt from REPP 2, a fund managed by Camco. The financing supports growth of its rooftop solar portfolio from 2.7 MWp to 14.9 MWp, plus 5.7 MWh of battery storage. Its customers are commercial and industrial businesses in retail, food manufacturing, agro-industry and infrastructure.

Why it matters

Debt finance for commercial rooftop solar gives Senegalese businesses another route to lower and more predictable energy costs.

Source: African Startups · 22 October 2026

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