The African Export-Import Bank (Afreximbank) is developing the first Afreximbank African Trade Centre dubbed Abuja Afreximbank African Trade Centre(Abuja-AATC) in Abuja, Nigeria, as part of its current expansion Drive across Africa. This project is the first among 6 planned centres in countries including Côte d’Ivoire, Egypt And Zimbabwe. The Abuja AATC sets the stage for Afreximbank’s vision of improved trade relations. Here is an inside look at the landmark project.

 

• It is an ongoing mixed-use development located on Independence Avenue in the Central Business District of Abuja. 
• The Site was handed over to the Main Contractor,  Cappa & D’Alberto at a ceremony in Q4:2021, and construction is currently underway, with an estimated completion date in Q4:2025. 
• The project with a total floor area of 31,350sqm, will feature: 
• Prime commercial space
• An upmarket hotel with 148 keys, &
• A double-volume Conference and Exhibition Centre.

As a proposed smart and green building, it is designed to achieve LEED certification from the Green Building Certification Institute upon completion. The centre’s twin-tower design is connected by a central multi-volume atrium, ensuring a clear functional separation between hotel accommodations and commercial office spaces. Additional facilities will include an SME incubation hub, a Knowledge Centre & Library, and other ancillary features.

The office stock in Abuja primarily comprises Grade B and B+ buildings, with limited representation in the Grade A segment. This project will significantly expand the availability of prime office space, increasing the total tracked supply from the current level of 200,288 sqm being tracked by Estate Intel.

For the hospitality segment of the project, the selection of a management company remains under deliberation.

The Abuja-AATC was designed to contribute to the Bank’s efforts at bridging the trade information gap in Africa and increasing the continent’s share of global trade.  According to Afreximbank, the project’s objective is to become an iconic location that offers a premium real-estate development that provides numerous services and facilities focused on improving access to trade information and boosting intra-African commerce.

The Project Team Members include:

• Developer: African Export-Import Bank (AfreximBank)
• Main Contractor: Cappa & D’Alberto
• Architect: James Cubitt Architects
• Project Management: Coplan Associates 
• Global Concept Designer: SVA International 
• Design (Hospitality): Michelangeli Design
• Furniture, Fixtures, & Equipment(Hospitality): Five Keys
• Construction Supervision: James Cubitt Interiors

About the Developer
The African Export-Import Bank (Afreximbank) is a pan-African multilateral financial institution headquartered in Cairo, Egypt, established in 1993 to provide financing solutions and advisory services for the expansion, diversification, promotion and development of Intra- and extra-African trade. 

We love your feedback! Let us know what you think about Afreximbank’s Trade Centre by emailing [email protected].

If you have research requirements or are considering investing in Nigeria’s property market, contact our Capital Advisors team at [email protected].