AFD and CDC renew their strategic alliance

AFD and CDC renew their strategic alliance - Signature june 2024 (2)

STOA is delighted to announce the renewal of the strategic alliance between our two shareholders, Agence française de développement and Caisse des Dépôts. As the vital link within this alliance, STOA has successfully served as the bridge that unites and drives our collective mission forward.

Reflecting on Millésime 1 (2018-2023), we are proud to share that STOA not only met but exceeded the ambitious objectives set for us. This achievement is a testament to the dedication and hard work of our team, and the robust support from our shareholders.

In recognition of our accomplishments and the confidence in our leadership and teams, our shareholders have committed an additional €300 million. This substantial commitment allows us to double our efforts, targeting an impressive €1.1 billion in commitments by the end of 2027.

Looking ahead, we are embarking on an ambitious roadmap that includes evolving our structure to mobilize third-party capital. This strategic evolution will significantly amplify our impact and future investments, enabling us to continue driving sustainable development and creating lasting positive change.

For more information, please refer to the Caisse des Dépôts’ LinkedIn post and the AFD’s LinkedIn post.