Afreximbank has opened its first African Trade Centre (AATC) in Abuja, Nigeria, on April 11, 2025. The bank says this milestone will drive trade, investment, and integration across Africa.
The ceremony drew over 500 guests, including government leaders, business icons, and international officials. The new AATC will serve as a hub for trade facilitation, innovation, and economic development.
Hon. Dr. George Akume, representing President Tinubu, said,
“AATC stands as a testament to the power of collaboration, resilience and forward-thinking leadership.”
“It is more than a physical structure; it is the beginning of innovation, a hub for entrepreneurship and a catalyst for sustainable development.”
The AATC will support capacity building, host conferences, promote investment, and boost Africa’s position in global trade.
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Prof. Benedict Oramah, President of Afreximbank, emphasized the centre’s multi-purpose role.
“This AATC Abuja has been a 41-month journey, one built on hope and determination.”
“It will serve as a platform for fostering deeper regional and continental integration.”
“This AATC will also offer a technology incubation hub, an SME incubation facility, a Digital Africa Trade Gateway, a conference and exhibition facility and a business hotel.”
He praised Nigeria’s consistent support for the bank.
“Over the last three decades, successive governments have accorded unflinching support to Afreximbank.”
“They responded most positively to capital calls and created a congenial environment for its smooth operations.”
The Abuja AATC consists of two towers. One holds offices, a trade centre, tech hubs, and digital services. The other features a 148-room hotel, wellness centre, and meeting rooms.
The building is also targeting gold or platinum LEED certification for sustainability. This would place it among the few certified buildings in West Africa.
The AATC design was inspired by the concept of a bazaar. It reflects the vibrant market life seen in African cities.
Construction of the $120 million project started in November 2021. It was completed in 41 months on a 5,856-square-meter plot.
Afreximbank plans to establish other AATCs in Uganda, Zimbabwe, Egypt, Cameroon, Tunisia, Rwanda, and Barbados. The bank will expand these centres through franchises and partnerships.
These centres will connect African and global trade communities. They will also support business leaders, financial institutions, and policymakers.
Billionaire entrepreneurs Mr. Aliko Dangote and Mr. Tony Elumelu also attended the event. Their presence reinforced Africa’s shared vision of economic growth.
The Abuja AATC is now a beacon of trade and unity for Africa’s future.