DLA Piper has advised the lenders, led by African Export-Import Bank (Afreximbank), on a landmark USD450 million financing facility for ARISE Integrated Industrial Platforms (ARISE IIP). The facility will support the expansion and development of industrial parks and special economic zones (SEZs) across Africa, reinforcing the continent’s industrialisation agenda and fostering economic growth.
The transaction will enable ARISE IIP to scale up its investment in strategic industrial infrastructure and support Afreximbank in its mission to accelerate the continent’s industrial transformation under the African Continental Free Trade Area (AfCFTA).
DLA Piper’s team was led by London Partner Titus Edjua, and supported by Senior Associates Priyanka Paunrana and Sam Newman, associate Natalie Teoh and trainee Pravir Sohal. The team was delighted to advise on this transaction, which will enable ARISE IIP to scale up its investment in strategic industrial infrastructure and support Afreximbank in its mission to accelerate the continent’s industrial transformation under the African Continental Free Trade Area (AfCFTA).
Titus Edjua commented: “We are proud to have advised Afreximbank on this transformative transaction, which will play a crucial role in advancing Africa’s industrialisation and trade integration. This deal reflects the increasing importance of strategic financing in unlocking Africa’s economic potential and DLA Piper’s commitment to supporting high-impact transactions that drive sustainable economic development across the continent.”