Pan-African Industrial Developer Arise Closes $700M Saudi Deal
4 Articles
4 Articles
Pan-African industrial developer Arise closes $700M Saudi deal
Saudi Arabia’s Vision Invest made its first deal in Africa, backing a $700 million capital raise by a pan-African industrial zone developer, the latest sign of Gulf states becoming key conduits for infrastructure development across the continent.Vision Invest is putting money into Arise Integrated Industrial Platforms, which designs, finances, builds, and operates industrial parks across 14 African countries, including Benin, Chad, and Côte d’Iv…
ARISE Integrated Industrial Platforms (ARISE IIP), a major pan-African player in the development and exploitation of integrated industrial zones, a partner of the Gabonese State Special Economic Zone (GSEZ), is pleased to announce the conclusion of a capital raising of US$700 million, or about CFAF 400 billion, as well as the entry of Vision Invest as a new shareholder. This operation is one of the most important in the field of private infrastr…
Vision Invest makes first major African investment with $700M stake in Arise IIP - Innovation Village | Technology, Product Reviews, Business
Vision Invest, a leading Saudi Arabian infrastructure investment firm, has made a significant entry into the African market by acquiring a stake in Arise Integrated Industrial Platforms (Arise IIP) through a $700 million capital infusion. This transaction ranks among the largest private infrastructure capital raises in Africa’s history, underscoring growing global investor confidence in the continent’s industrial potential. Founded in 2010, Aris…
ARISE IIP secures $700M from Vision Invest to expand Infrastructure in Africa
Saudi investment firm Vision Invest has acquired a new stake in ARISE Integrated Industrial Platforms (ARISE IIP) via a $700 million capital raise. This is one of Africa’s larger private infrastructure deals. The funding will be used to scale ARISE IIP’s industrial zones and deepen its footprint across the continent. ARISE IIP was founded in 2010. It has built infrastructure in more than 14 African countries, deployed nearly $2 billion in projec…
Coverage Details
Bias Distribution
- 100% of the sources lean Left
Factuality
To view factuality data please Upgrade to Premium