AP Moller, Olam, and AFC to Acquire West Africa’s ARISE Port & Logistics

Source(s): Ship Technology

AP Moller Capital has partnered with Olam International and Africa Finance Corporation (AFC) to invest in a West African ports and logistics platform managed by UK-based ARISE Ports & Logistics. AP Moller will invest via its Africa Infrastructure Fund and acquire a 43% stake in the platform, while Olam and AFC will hold 31% and 26% stakes respectively. Read more»