AbstractCovalent organic frameworks (COFs) have been regarded as promising photocatalytic materials. However, the sluggish diffusion of photoinduced charges in a single‐component COF remains the obstacles that have to be overcome. Here, we demonstrate a synthesis of a COF bearing dual cocatalysts Co3O4 and Re complex as photocatalyst for water oxidation. The dual cocatalysts are coordinated on the COF, and enable the spatial separation of photoinduced charges. The generated electrons were attracted to Re moiety, while the holes were localized on Co3O4 cocatalyst for water oxidation to produce O2 product. The synergy of dual cocatalysts of COF promote the charge separation and redox reaction. Moreover, hydroxyl radicals generated from the hydration of COF contribute to O−O bond formation, which is the key step of O2 formation. Accordingly, an excellent O2 production rate of 400 μmol g−1 h−1 under visible light irradiation was obtained. This work may pave the way to the development of highly efficient COF photocatalysts for solar energy conversion.