ARISE Industrial Services acquires 35% stake in environmentalist Aera Group

AFRICA – ARISE Industrial Services (ARISE IS), a pan-African infrastructure developer and operator, has acquired 35% stake in Aera Group, a trader of environmental certificates in Africa, on the basis of a valuation of €28.5 million (US$34.28m). This investment is a significant milestone in ARISE IS’s journey towards neutralising carbons emissions and creating a positive environmental legacy. As the company accelerates its efforts for a sustainable industrialisation of Africa, this new partnership will help ensure that all its activities, including industrial zones in Gabon, Togo and Benin, are carbon neutral…

Read More