STOA Infra & Energy and Africa50 to acquire a 49% stake in Mass Cereales Al Maghreb from A.P. Moller Capital.

STOA Infra & Energy, an investment company, and Africa50, a pan-African investment platform, agreed to acquire a 49% stake in Mass Cereales Al Maghreb, a concessionaire and operator of two grain product handling terminals from A.P. Moller Capital, a value-add infrastructure fund manager, and Holmarcom, a diversified industrial group. Financial terms are not disclosed. “We are very pleased to join the capital of Mass Céréales al Maghreb. This transaction reflects our commitment to co-constructing sustainable infrastructure solutions, meeting the growing needs of the continent, in order to secure grain flows, create jobs and develop real expertise in the logistics sector. In collaboration with Holmarcom and Africa50 IAF, we are convinced that we can accelerate the transformation of the grain supply chain and streamline port traffic, while directly contributing to food security and economic development in the region,” Marie-Laure Mazaud, STOA Infra & Energy CEO.