ARISE Integrated Industrial Platforms (ARISE IIP), a pan-African developer of sustainable industrial ecosystems and promoter of the Industrial Platform Remo (IPR) Free Zone in Ogun State, Nigeria, has completed a landmark $700 million capital raise, welcoming Saudi-based Vision Invest as a new shareholder.
The deal, one of Africa’s largest private infrastructure raises, combines primary and secondary components, strengthening ARISE IIP’s shareholder base that includes Africa Finance Corporation (AFC), Equitane, and the Fund for Export Development in Africa (FEDA). The new capital will accelerate ARISE IIP’s expansion across more than 14 African countries, supporting green, inclusive, and export-driven industrial platforms that create jobs, diversify economies, and promote local value addition.
According to CEO Gagan Gupta, the investment underscores global confidence in Africa’s potential and will deliver long-term value by building resilient industrial ecosystems that align with continental growth and sustainable development goals.
