According to a company statement, the facility will serve as Afreximbank’s global headquarters to facilitate trade, policy dialogue, and cross-continental cooperation. Construction is scheduled to be completed within 36 months, with delivery expected in early 2029.
Afreximbank President and Chairman of the Board of Directors George Elombi said the project addresses a major constraint on intra-African trade: a lack of market knowledge across the continent. The center, he said, will help close information gaps that limit trade and investment among African businesses while expanding the bank’s operational capacity.
UAE-based EHAF Consulting Engineers will oversee architectural design and project supervision, according to an Afreximbank statement.
The AATC will include trade and business facilities, a knowledge and innovation hub, a corporate museum, an SME incubation center, a 110-room apartment hotel, a 750-seat conference center, exhibition halls, retail and dining outlets, support facilities, and a 1,200-space parking structure.
Designed as a sustainable green development, the center will occupy a site area of 48,888 square metres, with a total gross built-up area of 156,147 square metres. Of this, 57,298 square metres will be allocated to Afreximbank office space. The project will incorporate energy-efficient systems, solar power integration, water-saving technologies, and climate-responsive design.
The project is expected to generate around 8,000 direct and indirect jobs during the construction phase, and approximately 1,000 jobs once operational.
Hassan Allam Construction will also be responsible for electrical and mechanical systems, hard and soft landscaping, and the supply and installation of furniture, fixtures, and equipment. “Our collaboration with Afreximbank reflects a shared belief in the power of infrastructure to unlock Africa’s economic potential,” Hassan Allam, CEO of Hassan Allam Holding, said.
Afreximbank has invested about $41 billion in the Egyptian economy, supporting projects in the energy, telecommunications, construction, and manufacturing sectors. Egypt has prioritized these productive sectors under its national economic strategy, which aims to double foreign direct investment’s contribution to GDP to 4.4 percent over the next five years.
The bank’s African Research and Innovation Hub (ARIH) aims to unlock up to $70 billion annually in economic gains by boosting innovation-driven sustainable growth, strengthening intra-African trade, and accelerating technological sovereignty across the continent.
President Abdel-Fattah El-Sisi has reaffirmed Egypt’s commitment to expanding exports—particularly to African markets—in cooperation with Afreximbank, including support for financing major development projects across multiple sectors.
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