Togo: Kifema Capital teams up with STOA, a French fund that invests in energy and infrastructure

Investments
Friday, 11 November 2022 10:44
Togo: Kifema Capital teams up with STOA, a French fund that invests in energy and infrastructure

(Togo First) - Kifema Capital, an investment firm and financial arm of Togo Invest, has partnered with STOA, a French investment fund (owned by Caisse des Dépôts and Agence Française de Développement) that operates in the energy and infrastructure sectors.

According to Kifema Capital, its Managing Director, Dr. Arthur Trimua, signed a memorandum of understanding (MoU) to this end with STOA’s MD, Marie-Laure Mazaud.

"This new memorandum of understanding strengthens the link between the two institutions and establishes a common framework for identification, co-development, and co-investment in the field of clean energy and infrastructure," Togo Invest disclosed last Tuesday, Nov 9.

The same source added that the MoU aims to pool the two parties’ resources and competencies, to “efficiently support the growth of the Togolese economy, through strategic investments.”

Togo Invest, let’s recall, is a State holding that handles big investments. Established in 2014, it has facilitated several key projects, including Togo’s Transport Corridor (CDT in French), which goes from the Port of Lomé to the Border with Burkina Faso, a dry port project (in Adetikope), a special economic zone, and a multipurpose logistics platform.

Ayi Renaud Dossavi

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