Arise exits discreetly from the Transgabonaise 

Gugan Gupta’s group quietly withdrew from this strategic road project in Gabon, leaving Meridiam alone in charge. 

12/04/2023 at 15h51, by Africa Business+

The union was sealed in October 2019 during a ceremony presided over by President Ali Bongo Ondimba.The French infrastructure specialist Meridiam and Arise – Gagan Gupta‘s pan-African industrial operator – joined forces within the Société Autoroutière du Gabon (SAG) to relaunch the mega road programme, “Transgabonaise”. The construction site, a flagship project of the Presidency, aimed to rehabilitate more than 700 km between Libreville and Franceville, two nerve centres of the Central African country.

Recommended articles

Advisory

09/10/2023 at 15h04, by Africa Business+

Arise CEO Gagan Gupta acquires stake in French traceability company Crystalchain to green industrial estates

Headed by Sylvain Cariou, this French digital company, which works for Suez and Carrefour and uses blockchain...

Industry

27/04/2023 at 17h06, by Africa Business+

Arise IIP to invest $120m in Sierra Leone Special Economic Zone

Arise IIP plans to invest up to US$300 million in a public-private partnership with the Republic of...

Private Equity

21/03/2023 at 12h12, by Africa Business+

Urban Resilience Fund : Meridiam attracts new LP to invest in African cities

The French infrastructure specialist is raising funds for a third vehicle dedicated to “sustainable”...

Land transport

23/02/2023 at 17h56, by Africa Business+

Transgabonaise : Meridiam seeks to secure committed funds

As the rehabilitation of Gabon’s longest road continues, the company led by Thierry Déau is asking for...

Air transport

17/01/2023 at 13h20, by Africa Business+

Donsin airport : Meridiam to send mission to Ouagadougou

The infrastructure investment specialist will send several officials to the Burkinabe capital to hold...

Electricity

14/11/2022 at 12h14, by Africa Business+

Meridiam and EDF-backed NEoT Offgrid Africa joins GDS International and ARESS in Benin project

Already operational in Nigeria, Côte d’Ivoire, Uganda and Sierra Leone, the investment platform owned...

Any questions ? contact us

Please get in touch with the Africa Business+ team if you require any further information.

Email us : customer.care@africabusinessplus.com