- Saudi Arabia’s Vision Invest joins ARISE IIP with a USD 700M investment, expanding the pan-African industrial developer’s shareholder base.
- The capital will accelerate ARISE IIP’s expansion across Africa, fostering green, inclusive, and sustainable industrial ecosystems continent-wide.
- ARISE IIP operates industrial zones in 14+ African countries, generating over 50,000 jobs while promoting local value chains and exports.
Vision Invest
Saudi Arabian development and investment holding company, Vision Invest, is investing USD 700 million in pan-African industrial developer ARISE IIP. Thus, the Saudi holding company is entering the developer’s shareholder base.
“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,” said Mohammad A. Abunayyan, Chairman of Vision Invest.
The investment is part of a larger trend of Middle Eastern investors injecting billions into Africa to foster renewable energy, logistics, technology, real estate and agriculture.
The capital will support ARISE IIP’s continued expansion across the continent. It also aims to develop green, inclusive, and sustainable industrial ecosystems.
Vision Invest is a Saudi Arabian infrastructure investment and development company. It contributes to sustainable economic development and growth. It operates across a variety of sectors including energy transition, advanced digital infrastructure, resource recovery and preservation, transport and logistics, and health and social infrastructure.
Industrial Zones
Founded in 2010, ARISE Integrated Industrial Platforms (ARISE IIP) is a pan-African developer and operator of integrated industrial zones. Headquartered in Dubai, it designs, finances, builds, and operates industrial zones. With this, it aims to strengthen local value chains, promote exports, and generate employment.
Since then, it has expanded to more than 14 countries across Africa, deploying nearly USD 2 billion in infrastructure and enabling over 50,000 jobs. It focuses on creating local value through the transformation of raw materials and import substitution.
It has developed industrial parks in Gabon, Benin and Togo helping lure factories to process wood, cotton, cashew, pharmaceuticals and meat.
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