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Aries Finance and Management ​

Location

Ethiopia

Sector

Transport & Logistics

Stage

Pre-feasibility
Overview

The Aries Automated Parking, EV Charging, and Data Center Tower Project is a pioneering urban infrastructure initiative combining automated parking, electric vehicle (EV) charging stations, and a data center. Located in Addis Ababa under a Public-Private Partnership (PPP) model, this project meets the city’s growing need for efficient parking and supports the shift towards sustainable urban mobility.

Each tower integrates an advanced automated parking system, offering high-density, convenient parking managed through a mobile app. This system optimizes space, reduces operational costs, and improves user experience. Additionally, 100 EV charging stations per tower address Ethiopia’s rapid transition to electric vehicles, contributing to the nation’s green energy goals and sustainable transportation options.

Investment Needs

$125 000 000

Investment Project Type:

PPP

Invested Value to Date:

$120 000

Funding Gap:

$125 000 000

Climate Classification:

Mitigation

Why Investing

1
Sustainable Urban Mobility Focus
Positioned in Ethiopia’s rapidly growing green mobility market, the project aligns with environmental goals, government policies, and increasing EV adoption.
2
Strong Revenue Streams
The combination of automated parking, EV charging, and a revenue-generating data center offers diversified income sources, enhancing investment security and profitability.
3
Clear Exit Strategy
Investors have a defined exit path through a potential IPO on the Dubai capital market, providing liquidity and flexible investment recovery options.
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