Afreximbank signs land acquisition agreement for African Trade Centre

African Export-Import Bank (Afreximbank) has signed a formal agreement for the acquisition of land for the New Administrative Capital African Trade Centre (NAC-ATC), which will house the Bank’s headquarters, along with other trade-supporting facilities and entities, in Egypt’s new administrative capital in Cairo.

The agreement provides for a complex that includes a conference centre, a hotel, an exhibition centre, an innovation hub and retail facilities.