Exited Projects
Daystar Power
Daystar Power is a West African provider of solar energy solutions for commercial and industrial (C&I) clients. In January 2021, STOA became a shareholder alongside IFU, Proparco, and Morgan Stanley. The goal was to expand Daystar’s activities in its key markets of Nigeria and Ghana and to strengthen its presence in other countries in the region, such as Côte d’Ivoire, Senegal, and Togo. At the end of 2022, STOA sold its stake in Daystar Power to Shell, alongside its co-shareholders.
Key Facts
Infrastructure: Solar (C&I)
Geographic Area: West Africa
Countries: Multi-country
Targeted SDGs: 7, 9, and 13
Etix Everywhere
Etix Everywhere is a global developer and operator of datacentres. STOA became a shareholder in 2019 with the aim of strengthening the company’s presence in Africa through the deployment of next-generation datacentres, particularly in Morocco, in Ghana and in South Africa. In 2020, STOA and its co-shareholders – InfraVia, Tiger Infrastructure, SBI and Keppel Data Centres – sold their stakes to Vantage Data Centres.
Key Facts
Infrastructure: Datacentres
Geographic Area: Africa
Countries: Multi-country
Targeted SDGs: 4, 9, and 10