Created in November of 2017 by two major institutions – the French Caisse des Dépôts (CDC) and the Agence Française de Développement (AFD) – and endowed with 600 million euros, STOA invests equity stakes in infrastructure and energy projects essential to the economic development of Africa, Latin-America and South-East Asia and to the well-being of their population.
STOA combines the strengths of its two shareholders, i.e. the investment expertise of CDC and the strong presence of AFD in developing countries and aims at managing environmental, digital and societal transitions in the interest of all through balanced development principles.
STOA joined the LTIIA as a member in April 2019, and will contribute to reinforce the Association’s expertise on Emerging markets infra investment.
Read more here!