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Find all the economic and financial information on our Orishas Direct application to download on Play StoreARISE Integrated Industrial Platforms (ARISE) IIP), a leading pan-African player in the development and the operation of integrated industrial zones, announces the conclusion of a $700 million in capital raised as well as the entry of Vision Invest as a new strategic shareholder
.This operation represents one of the most major mobilizations of private capital in the field of infrastructures in Africa to date. It consolidates ARISE IIP's ability to accelerate its expansion on the continent, through the creation of ecosystems inclusive, competitive and sustainable industries.
ARISE's institutional shareholders
IIPs are now:
Fund for Export Development in Africa (FEDA), the impact platform of Afreximbank
Africa Finance Corporation (AFC)
Equitane
Vision Invest, new shareholder
developed by ARISE IIP in partnership with the Republic of Benin, constitutes a concrete illustration of this model. By valorizing raw materials local through their industrial transformation, GDIZ fully reflects the vision of the Beninese Government in terms of industrialization, creation jobs and the generation of local added value. Since the launch of construction works in 2021, GDIZ generated nearly 20,000 jobs in Benin and attracted leading investors in the local transformation of cotton, cashew nuts, soybeans, shea and other industries strategic. It is thus established as an essential lever for transformation. structural structure of the Beninese economy.
“GDIZ is now a concrete example
What is the partnership between a visionary state and an investor
strategic can accomplish. Thanks to this fundraiser, we will be able to
strengthen the attractiveness of Benin, accelerate the commissioning of new
industrial units and create even more qualified jobs for youth
from Benin,” says Letondji BEHETON, Director General, ARISE Benin,
has always believed in the potential of Africa.
and to the talent that carries it. The partnership with. Vision Invest, as well as the
continued support from our institutional shareholders, will help us build
resilient and autonomous industrial ecosystems, generating sustainable value” affirmed Gagan Gupta,
Founder and CEO of ARISE IIP.
for Samaila Zubairu, President & CEO of Africa Finance Corporation, President of ARISE IIP , ; mso-bidi-font-size:11.0pt; line-height: 107%; font-family: “Bookman Old Style”, serif; mso-fareast-font-family:calibri; mso-fareast-theme-font:minor-latin; mso-bidi-font-family: “Times New Roman”; mso-bidi-theme-font:minor-bidi; mso-ansi-language: #0C00; Mso-fareast-language:en-us; Mso-bidi-language:ar-sa">ARISE IIP demonstrated what is possible when global capital is in line with African ambitions. We are proud to strengthen our partnership to accelerate industrial transformation of the continent.
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