Private equity firm
STOA Infra & Energy
STOA S.A. is a French investment company and impact fund dedicated to financing sustainable and resilient infrastructure in emerging and developing markets. Founded in late 2017 as a joint venture between Caisse des Dépôts (CDC) and Agence Française de Développement (AFD), the firm provides equity and quasi-equity capital to large-scale greenfield projects and established infrastructure operators. Its investment strategy is designed to catalyse private sector mobilisation in essential sectors that promote ecological, digital, and social transitions. Headquartered in Paris, STOA operates with a long-term investment horizon, prioritising projects that align with the Paris Climate Agreement and contribute significantly to the UN Sustainable Development Goals, and has a mandate to allocate at least 50% of its capital to Africa.
Investment focus
- Sectors
- Energy and powerTelecoms and digital infrastructureManufacturing and industrialsHealthcare
- Stages and strategies
- Growth
- Instruments
- EquityMezzanine
- Regions
- Pan-African, Asia, Latin America
- African markets named in public materials
- Kenya, Côte d'Ivoire
Sources
- Partner Researchers, accessed 14 November 2026