Investment firm STOA Infra and Energy, specializing in Africa, to bring on significant Limited Partners for their Fund II
A European impact investor, whose exact identity remains undisclosed, is set to make a significant investment in STOA Infra and Energy's second fund. This exciting development is backed by Caisse des Dépôts and Agence Française de Développement (AFD), institutions known for their support of sustainable projects.
The second fund, focusing on medium- to large-sized sustainable infrastructure assets in Africa, is poised to make a substantial impact on the continent's growing need for sustainable development. However, details about the amount of the investment commitment or specific assets to be funded have yet to be disclosed.
This investment commitment marks a significant step for STOA Infra and Energy's growth and influence in the African market. It is also a testament to the growing interest in sustainable infrastructure projects in Africa, signalling a promising future for the sector.
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[1] It is worth noting that the potential European investor is backed by Caisse des Dépôts and Agence Française de Développement (AFD).
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- The potential European impact investor, whose identity remains undisclosed, is-in-turn supported by established institutions like Caisse des Dépôts and Agence Française de Développement (AFD), further emphasizing the credibility of the investment in STOA Infra and Energy's second fund.
- This investment commitment from a European impact investor, which remains undisclosed in its entirety, follows the backings of Caisse des Dépôts and Agence Française de Développement (AFD) and is a clear indication of growing interest in sustainable infrastructure projects within Africa.
