STOA (French infrastructure/impact investor) USD 27m equity investment in Atlas Tower Kenya (ATK, 450+ telecom towers)
- Value
- US$27m
- Date
- 1 October 2025
- Status
- Announced
- Transaction type
- Equity Financing
- Practice area
- Corporate and Commercial
- Sector
- Infrastructure
- Jurisdiction
- Kenya
- Client
- Atlas Tower Kenya
Summary
STOA (French infrastructure/impact investor) USD 27m equity investment in Atlas Tower Kenya (ATK, 450+ telecom towers). Value as disclosed: 27,000,000 USD.
Investment supports solar and battery storage rollout across ATK’s network. Announced October 2025; the US$27m equity investment was executed through STOA Africa, which acquired a 31.03% minority shareholding with veto rights in Atlas Tower Kenya (a Kalahari Capital-backed tower company with 450+ towers); advisers per DealMakers AFRICA: Bowmans.
Why it matters
Significant / value undisclosed
Scope of legal work
Bowmans
Advisers
Other parties
Atlas Tower Kenya (acquirer or client); STOA (counterparty or seller)
Other advisers
(DealMakers AFRICA 2025 Annual Awards – East Africa shortlist)
Sources
Compiled by Meridian from the public announcements and filings listed under Sources.
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