Afrexim Bank House, Kampala
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| Afrexim Bank House, Kampala | |
|---|---|
  Location within Kampala | |
| General information | |
| Type | Mixed Use |
| Location | Nakasero, Kampala, Uganda |
| Coordinates | 00°19′18″N 32°35′15″E / 0.32167°N 32.58750°E |
| Construction started | November 2024[1] |
| Completed | Q4 2027 (Expected) |
| Cost | US$150 mullion |
Afrexim Bank House, Kampala, also Kampala Afreximbank Africa Trade Centre (Kampala AATC), is a building under construction in Uganda, that will serve as the regional headquarters of Afrexim Bank's Eastern Africa region, covering 14 countries: Comoros, Djibouti, Eritrea, Ethiopia, Kenya, Madagascar, Mauritius, Rwanda, Somalia, Sudan, South Sudan, Seychelles, Tanzania and Uganda.[2]
The building will host the Afreximbank Africa Trade Centre (AATC), for Eastern Africa. This comprises the permanent headquarters of the regional office, a five-star hotel, a business information centre, a conference centre and a technology incubation hub. The Kampala AATC is also expected to host offices of other global, continental and regional development and financial institutions.[3]
The building is planned to sit on a piece of land in Nakasero, in the Central Division of Kampala, the capital and largest city in the country. The piece of land measures 2.43 acres (0.98 ha).[4] The land was a donation from the Ugandan government to Afrexim Bank, for the purpose of building the bank's regional headquarters for the bank's Eastern Africa region.[5]
Overview
Afrexim Bank maintains headquarters in Cairo, Egypt. The bank also maintains five regional branches at Abidjan, Abuja, Harare, Kampala and Yaounde.[6] The bank's Eastern Region headquarters were originally planned to be located in Nairobi, Kenya. However, after a three-year delay in obtaining Kenyan authorization, the bank switched to Kampala, Uganda.[7]
The headquarters were opened in late 2019, after agreements were signed between the bank and Ugandan government officials.[8][9] The interim, temporary offices are located at Rwenzori Towers, off of Nakasero Road, in Kampala.[6]
To expedite the establishment of permanent headquarters, the government of Uganda donated land along Yusuf Lule Road, in Kampala for the bank to build its regional offices.[10]
