ARISE Integrated Industrial Platforms (ARISE IIP) has completed a $700 million capital raise, one of the largest private infrastructure transactions in Africa, bringing Saudi Arabia’s Vision Invest into its shareholder base alongside Africa Finance Corporation (AFC), Equitane, and Afreximbank’s Fund for Export Development in Africa (FEDA).
The funding, which includes both primary and secondary components, will fuel ARISE IIP’s expansion across the continent and the development of industrial zones designed to strengthen local value chains and accelerate exports.
“ARISE has always believed in Africa’s promise and the talent driving its growth,” said Gagan Gupta, founder and chief executive officer of ARISE IIP.
“The partnership with Vision Invest and the continued support of our institutional shareholders will help us build resilient, self-sustaining industrial ecosystems that deliver long-term value.”
Samaila Zubairu, president and CEO of AFC and Chairman of ARISE IIP, said the transaction demonstrates how international capital can advance Africa’s economic ambitions.
“ARISE IIP has demonstrated what is possible when global capital aligns with Africa’s ambitions. We are proud to deepen our partnership and support ARISE IIP as it scales industrial transformation across the continent,” he said.
Benedict Oramah, president and chairman of the Board of Directors of Afreximbank, welcomed the investment. “Afreximbank congratulates Arise IIP management on this landmark deal. With this capital increase, Arise IIP will become an even stronger partner of Afreximbank in the drive to promote export manufacturing and industrialization in Africa,” he said.
Marlene Ngoyi, CEO of FEDA, said the fund was reaffirming its support. “We are pleased to reaffirm our commitment to ARISE IIP by participating in this historic capital raise. ARISE IIP exemplifies the kind of platform that drives sustainable growth and regional integration across Africa.”
From Vision Invest, Chairman Mohammad A. Abunayyan framed the deal as both strategic and values-driven. “This marks our first direct investment in Africa and a natural extension of our values and impact investment philosophy, which centres on the socio-economic development of the communities in which we invest. We are proud to partner with AFC, FEDA, and Equitane to support economic diversification and local development.”
Vision Invest President and CEO Omar N. Al-Midani said ARISE IIP was an ideal entry point. “ARISE IIP represents the ideal platform for Vision Invest’s entry into Africa, combining world-class execution, an institutional shareholder base, and an operating model that focuses on in-country beneficiation. We look forward to building long-term value together.”
Standard Chartered Bank and Norton Rose Fulbright advised ARISE IIP, while EFG Hermes and Linklaters represented Vision Invest.
The deal underscores rising confidence in Africa’s industrial potential, as global investors look to infrastructure projects that can drive manufacturing, job creation, and sustainable growth.