THE African Export-Import Bank (Afreximbank) permanent Southern Africa Regional Office and Trade Centre in Harare, Zimbabwe is now complete and ready for occupation.
The US$80 million facility, located in the heart of Harare, will position Zimbabwe as a major African trade hub and financial services center.
The project site, bordered by Herbert Chitepo Avenue, Livingstone Avenue, Seventh Street, and Eighth Street, where construction commenced in 2022 and is expected to be complete during the second quarter of the year offers a prime location for the AfreximBank Trade Centre. This strategic positioning will facilitate easy access and connectivity for businesses, investors, and stakeholders.
Integrated Properties Private (Limited) – a renowned registered consultancy in Real Estate Valuation Engineering and Sustainability in Zimbabwe and Africa are the property managers of the state of the art structure.
The Harare Afreximbank Africa Trade Centre is an agglomeration of buildings, consisting of a hotel, office block and conference and exhibition centre, all clustered around a sheltered public space that is partly internal and partly external in nature.
The inter relationships between the different buildings and the interactions between its occupants within the main public space, makes the scheme unique locally and regionally.
With fifteen years of experience across the real estate value chain, Intergrated Properties will provide customized real estate solutions addressing diverse property needs across various sectors with innovation, creativity, diligence, and capability.
Afreximbank is a Pan-African Multilateral financial institution established in 1993, by African Governments, African private and institutional investors as well as non-African financial institutions and private investor for the purpose of financing, promoting and expanding intra-African and extra-African Trade.
The completion of this building is coming three months after Afreximbank said it plans to provide Zimbabwe with a significant financial boost, totalling US$1 billion, with funds set to be allocated to both the public and private sectors to stimulate economic growth and development.
This emerged after President Emmerson Mnangagwa met Afreximbank President Professor Benedict Oramah at the United Nations Climate Change conference, also known as COP29 in Baku, Azerbaijan last November.
The building will be a cutting-edge facility designed to promote trade and related issues. The centre will offer a range of services, including, Southern African Regional Office, Contingency office for the Bank, World-class hotel operated by an international hotel operator, State-of-the-art conference and trade exhibition center and Trade incubation center for start-ups
The facility was designed and constructed with sustainability in mind, incorporating green building technologies and practices. With over 35,000 square meters of built-up space, the centre will be an iconic landmark in Harare and a symbol of Zimbabwe’s commitment to environmental stewardship.