in Short
ARISE IIP raises $443 million for Africa’s industrialization

ARISE IIP, an operator of industrial parks in Africa, has raised $443 million to accelerate the continent’s industrial transformation. The funding includes a $300 million investment from FEDA, a subsidiary of Afreximbank, and $143 million from Africa Finance Corporation (AFC). These funds will support ARISE IIP’s projects across 12 African countries, strengthening global value chains.