The Gabon Special Economic Zone (GSEZ) went through a reorganisation that resulted in the creation of three separate verticals: Arise Ports & Logistics (ARISE P&L), ARISE Integrated Industrial Platforms (Arise IIP) and ARISE Infrastructure Services. ARISE P&L, which will now carry on the SEZ business, comprises of AP Moller Capital, Olam International and AFC.
AFC has partnered with Olam International since the initial investment in GSEZ in 2016, while the new investor, AP Moller Capital, has substantial experience in operating and developing transport and logistics infrastructure assets.
The ARISE SEZ business will offer infrastructure-ready land and end-to-end solutions covering all industry needs across the value chain. This would ensure access to supply, logistics services and support the marketing and commercialisation of hosted companies’ finished goods.
The strategic vision is to build competitive industrial and logistics ecosystems in Africa, unleashing the full potential of economies, while creating jobs and leveraging on the success in Gabon to empower other countries. AFC made an additional investment of €48 million, which increased its equity ownership in ARISE P&L from 21 percent to 26 percent, with AP Moller Capital owning 43 percent and Olam International owning 31 percent.
The initial focus will be on investing in, and expanding, the ecosystem in existing mineral and general cargo ports in Gabon, as well as developing new infrastructure that will support ecosystems in Mauritania, Côte d’Ivoire, Togo and Nigeria.
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