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 takes equity minority 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. This joint venture reflects the recognition of shared DNA: managing environmental, digital and societal transitions in the interest of all through balanced development principles.
Our name, STOA, means “porticoe” in ancient Greek. A porticoe is a meeting place that gave shelter from bad weather. A symbol that stands for us, STOA: the stability of our shareholders combined with a strong entrepreneurial mindset. We provide support to European and local ambitions for emerging countries’ development while respecting and implementing high environmental standards in our projects. Drawing on a creative and proactive team, STOA is a trusted and long-term partner for all market players.