Intention to deregister three private higher education institutions

Source: Government of South Africa

Intention to deregister three private higher education institutions

The Minister of Higher Education and Training, Buti Manamela, has issued a notice of intention to cancel the registration of private higher education institutions City Varsity, Damelin, and ICESA City Campus.

“Institutions that fail to meet their legal and educational obligations cannot be allowed to compromise the futures of the people they serve,” the Ministry of Higher Education and Training said on Saturday. 

The decision was undertaken in the interest of protecting students and upholding the integrity of the sector after a prolonged pattern of non-compliance with the Higher Education Act (No. 101 of 1997) and the Regulations for the Registration of Private Higher Education Institutions.

“The Notice of Intent to cancel will be published in the Government Gazette in accordance with Section 63(a) of the Higher Education Act.

“The institutions will be given an opportunity to make representations, as required by law. The Department will ensure that students affected by this process are supported through appropriate academic and administrative arrangements,” the Ministry said of the three private higher education institutions.

The department has an obligation to ensure that private institutions deliver quality education and demonstrate financial sustainability. 

The decision to issue the Notice of Intent to Cancel is based on the following critical factors:
•    All three institutions failed to submit their 2024 Annual Reports, despite:
•    An extension being granted until 30 June 2024, and
•    A final remedial deadline set for 6 June 2025.

The institutions did not provide the Registrar with the required documentation, including:
•    Audited Annual Financial Statements.
•    Proof of financial surety/guarantees.
•    South African Revenue Service (SARS) Tax Compliance Certificates.
•    Occupational Health and Safety Compliance.

Evidence of institutional cessation
•    The department has received reliable confirmation that two of the institutions, namely City Varsity (Pty) Ltd and ICESA City Campus (Pty) Ltd have ceased operating and are therefore not providing higher education within the meaning of the Act.

The department remains unequivocally committed to:
•    Protecting students from being enrolled in institutions that cannot demonstrate financial and operational sustainability.
•    Ensuring that providers of higher education operate within the legal and quality assurance framework; and
•    Acting decisively to uphold the integrity of the South African higher education system.
SAnews.gov.za

 

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Condolences for victims of KZN temple collapse

Source: Government of South Africa

Condolences for victims of KZN temple collapse

The Minister of Public Works and Infrastructure, Dean Macpherson, has expressed his deepest condolences to the families of the victims of a four-storey building that collapsed in Redcliffe, north of Durban.

“This is a deeply distressing incident. My thoughts and prayers are with the family of the deceased and with all those who have been injured during this incredibly difficult time, as well as with the workers and families affected by this tragedy,” the Minister said on Saturday.

He was speaking during a visit to the site of the collapsed building, where he was joined by the KwaZulu-Natal MEC for Cooperative Governance and Traditional Affairs, Reverend Thulasizwe Buthelezi, and the KwaZulu-Natal MEC for Public Works and Infrastructure, Martin Meyer.

While rescue and recovery operations are ongoing, the Mayor of eThekwini Municipality, Councillor Cyril Xaba, indicated in a post on social media platform, “X” that four bodies had been recovered so far.

During the visit, the delegation was briefed by the Provincial Disaster Management Centre, emergency services, and built-environment officials on the rescue operations currently underway.

“At this stage, our focus must remain on the rescue and recovery efforts and on supporting affected families. It would be premature and irresponsible to speculate on the causes of the collapse or the next steps while operations are ongoing. There will be time for a thorough investigation and accountability once all the facts have been established,” Macpherson said

The Minister said that, as a matter of urgency, he will consult widely with all relevant stakeholders – including briefing the President of the Republic of South Africa – as part of determining an appropriate pathway forward once rescue and recovery operations have concluded.

Xaba, who revisited the site on Saturday following the incident on Friday, commended the rescue teams for their exceptional efforts.

He assured the families of victims gathered at the site that the government remains committed to working tirelessly until all individuals trapped beneath the rubble are safely retrieved.

The Mayor confirmed that a multidisciplinary technical team has been established to investigate the cause of the incident. 

The team will collect all relevant information and compile a preliminary report, which will be released to the public next week –SAnews.gov.za

 

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Gauteng learner placement continues

Source: Government of South Africa

Gauteng learner placement continues

The Gauteng Department of Education has assured parents of Grade 1 and Grade 8 learners that it is working hard to ensure that the remaining 15 144 unplaced applicants are placed in schools.

As of 12 December 2025, 342 668 of 358 574 Grade 1 and Grade 8 unique applicants have been placed, translating to 95.56% of learners being placed.

The 2026 Online Admissions Placement Period for Grade 1 and 8 commenced on 16 October 2025.

Unique applicants refer to individual Grade 1 and Grade 8 learners who applied using the 2026 Online Admissions system.
The 342 668 placed Grade 1 and Grade 8 unique applicants are as follows:
•    170 807 or 97.4% learners placed in Grade 1
•    171 861 or 94.2% learners placed in Grade 8
“Prior to the commencement of the placement period, the department conducted a capacity audit at all schools to ensure that available capacity at all schools are used to optimally accommodate applicants,” the department said on Friday.

As of 12 December 2025, a total of 721 schools reached full capacity.

This constitutes primary and secondary schools at capacity as follows: 458 primary schools reached full capacity, and 263 secondary schools reached full capacity.

“Unplaced applicants that cannot be accommodated at these 465 schools, are being transferred to the next closest school with available space.
“The remaining 15 144 (4.2%) unique applicants are receiving placement offers through transfers from schools with available space.
“It is important to note that the department prioritises placement of the 358 574 (Grade 1: 175 792; Grade 8:182 782) applicants with Complete Applications.

“Placement offers and transfer offers are released daily to facilitate placement of the remaining 15 144 (4.2%) unplaced applicants, translating to 4 498 (2.6%) Grade 1 learners and 10 646 (5.8%) Grade 8 learners,” the department said.

READ | Warning against fraudsters offering school placements

The process of transferring applicants from schools at full capacity is in progress.
Transfer offers are made only after confirmation that the schools a parent applied to have reached full capacity.
The department said applicants with the status “Application is being processed” and “School Reached Capacity” should expect to receive transfer offers when their status changes to “Transfer offer made.”

“Transfer offers are made to the next school with available space, with due consideration of the distance from the parents’ home address.

“Parents / guardians who are offered transfer placement at schools that they have not applied to have the option to either accept or decline the placement offer within seven days of receipt,” the department said.
When the transfer offer is accepted, the learner is placed at the school. This placement is final.
When the transfer offer is declined, the parent may submit an objection within seven days of receiving the transfer placement offer.
To date, the department [has] received a total of 4460 Appeals across 15 districts. Seventy percent of these appeals have been adjudicated on, and parents have received the final outcome.

For more information, assistance, or comments:
•    Call 0800 000 789
•    WhatsApp 060 891 0361
•    Email: admissions.hotline@gauteng.gov.za or gdeinfo@gauteng.gov.za
SAnews.gov.za

 

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Her Excellency (H.E.) Minister Rania Al-Mashat Arrives in Tirana to Chair the Egyptian–Albanian Joint Committee for Economic Cooperation, Held for the First Time Since 1993

Source: APO – Report:

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“Al-Mashat: The Joint Committee Aims to Strengthen Economic, Trade, and Investment Cooperation Between the Two Countries and Expand Opportunities for Private Sector Partnerships”

H.E. Dr. Rania Al-Mashat, Minister of Planning, Economic Development, and International Cooperation, arrived in the Albanian capital, Tirana, to chair the inaugural session of the Egyptian–Albanian Joint Committee for Economic, Scientific, and Technical Cooperation, being held for the first time since 1993.

H.E. Minister Al-Mashat emphasized that the Egyptian–Albanian Joint Committee aims to explore avenues of cooperation between the two countries and strengthen bilateral relations, opening broader prospects for partnerships, particularly in trade exchanges, economic collaboration, and joint investments. She added that the Committee session will also include a joint business forum featuring private-sector participants to discuss investment opportunities in areas of mutual interest.

The convening of this session reflects the commitment of both countries’ leaderships to consolidate bilateral relations, especially following high-level official visits, including the visit of H.E. Ilir Meta, former President of Albania, to Egypt in February 2019, which included formal meetings focused on enhancing bilateral relations and economic and investment cooperation. Additionally, the visit of H.E. Edi Rama, Prime Minister of Albania, to Cairo in October 2021 featured extensive discussions on advancing political and economic cooperation and increasing trade and investment between the two countries.

It is noteworthy that over the past two days, H.E. Minister Al-Mashat presided over preparatory meetings at the expert level, with participation from representatives of the Ministries of Investment and Foreign Trade, Electricity and Renewable Energy, Higher Education and Scientific Research, Agriculture, Civil Aviation, Labor, Supply, the Public Business Sector, the General Authority for Investment and Free Zones (GAFI), the Suez Canal Economic Zone Authority, the Arab Organization for Industrialization, and representatives of major companies in infrastructure, real estate development, tourism, and other sectors. Representatives of Albanian ministries and institutions also participated in these preparatory meetings.

The Ministry of Planning, Economic Development, and International Cooperation continues to advance Egypt’s program to strengthen economic relations with multilateral and bilateral development partners. The Ministry supervises 54 joint committees between Egypt and other countries, including 30 with European nations. These committees serve as vital mechanisms to enhance Egypt’s economic relations on both bilateral and multilateral levels.

– on behalf of Ministry of Planning, Economic Development, and International Cooperation – Egypt.

Have your say on White Paper on Citizenship

Source: Government of South Africa

Have your say on White Paper on Citizenship

The Minister of Home Affairs, Dr Leon Schreiber, has encouraged South Africans to submit written comments on the Draft Revised White Paper on Citizenship, Immigration and Refugee Protection.

The Draft Revised White Paper outlines a vision for the most fundamental reform to South Africa’s citizenship, immigration and refugee protection frameworks in a generation. 

“It is designed to clamp down on fraud and abuse, enhance national security, improve service delivery, and promote economic development.

“Members of the public are encouraged to provide their inputs on the content of the Revised White Paper, thus playing a critical role in shaping the future governance of citizenship, immigration and refugee protection in South Africa,” the Department of Home Affairs said on Friday.

The Draft Revised White Paper updates the existing White Paper. 
It reviews and enhances certain policy propositions and adds the necessary detail to proposals contained in the original version.  

Key reforms proposed in the Draft Revised White Paper include:

•    Refugee management reforms
The refinement and implementation of the “First Safe Country Principle,” which states that asylum seekers who have been granted refugee status or lawful protection in another country, or who pass through safe third countries to reach South Africa, are ineligible for asylum in South Africa.
This is designed to combat the phenomenon of applicants “picking and choosing” South Africa as their preferred destination to claim asylum, while passing through other safe countries on the way. In order to mitigate the risk of refoulement, this reform will require the Minister of Home Affairs to, on an annual basis, designate safe third countries that have ratified the 1951 Convention relating to the Status of Refugees, and to withdraw such designation as and when the need arises.

•    Citizenship reforms
These reforms introduce merit-based criteria for naturalisation and an annual window period for the submission of applications to prevent backlogs, a Citizenship Advisory Panel (CAP) to objectively consider and advise on applications, and a point-based system for economic pathways to citizenship. This is a new, merit-based approach to the granting of citizenship, as opposed to basing qualification solely on the number of years a foreigner has resided in the country. This new system will operate in parallel to the existing principle that a child with at least one parent who is a South African citizen at the time of birth automatically becomes a citizen, while a child born to non-South African parents has to apply for naturalisation.

•    Immigration reforms:
Reforms to the immigration system are designed to ensure alignment of the visa system with the recommendations of Operation Vulindlela (OV) and to the department’s digital transformation agenda. This includes the introduction of new visa categories for remote-work, start-ups, skilled workers (which combines the existing critical skills and general work visas into one category), sports and culture, and the replacement of corporate visas with sectoral work visas for specific industries. It also introduces a new, merit-based points-based system for certain visas and permanent residency and supports the rollout of the Electronic Travel Authorisation (ETA) to record biometrics for every foreigner in South Africa.

•    Civil registration reforms
Civil registration reforms are anchored in the transformation of South Africa’s National Population Register (NPR) into a modern, digitally enabled Intelligent Population Register (IPR) as the foundation for a Digital ID system. Unlike the existing NPR, which simply records basic information, including names, births, and deaths, an IPR uses advanced technologies, such as artificial intelligence, machine learning, biometrics, interoperability and real-time data integration, to improve governance, integrated service delivery, and national planning. Further detail on key elements and the functionality of the IPR will be covered in a standalone policy on Digital ID that is under development by the department.

The priorities of the Government of National Unity (GNU), the visa review done through OV, and the Department of Home Affairs’ digital transformation agenda have all been incorporated into the revised version. 

“In keeping with a directive by Cabinet to maximise public participation beyond the festive season, the period for public comment will be open until 31 January 2026. 

“The publication of the Draft Revised White Paper opens a formal public consultation period from 12 December 2025 to 31 January 2026, during which individuals, organisations, and interested parties are invited to submit written comments and participate in provincial and national public consultation sessions,” the department said.

Consultation 

A series of public consultations will take place between 15 and 30 January 2026, covering all nine provinces. 
A national stakeholder consultation session will also be convened to engage government departments, Chapter 9 institutions, business, labour, academia, civil society, and multilateral organisations. 

The Department of Home Affairs will work closely with the Government Communication and Information System (GCIS), provincial governments, and social partners to ensure that the public is informed about the consultation processes and opportunities to participate.

The Draft Revised White Paper on Citizenship, Immigration and Refugee Protection is available on the department’s website and through the
Government Gazette, which can be accessed on: https://www.dha.gov.za/images/gazettes/53853-12-12-HomeAffairs.pdf  

How to submit comments: 
•    Comments may be submitted in writing between 12 December 2025 and 31 January 2026 to: Email: Whitepaper@dha.gov.za
•    Postal: The Director-General, Department of Home Affairs, Private Bag X114, Pretoria, 0001 

SAnews.gov.za

 

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Regulator studying court decision on publication of matric results

Source: Government of South Africa

Regulator studying court decision on publication of matric results

The Information Regulator says it will study the judgement dismissing its application to block the publication of matric results.

In a statement on Friday, the regulator noted the decision by the full bench of the Pretoria High Court to set aside its Enforcement Notice.

The Enforcement Notice was issued against the Department of Basic Education (DBE) on 18 November 2024 following a finding from an assessment of how the department processes the personal information of learners who sit for matriculation exams.

The assessment found that the DBE’s practices were in violation of the Protection of Personal Information Act (POPIA) provisions, particularly the manner of publication of the results, which the regulator deems likely to compromise the personal information of learners. 

The Enforcement Notice ordered the DBE to provide an undertaking “that it will not publish the results of the 2024 matriculants in the newspapers” within 31 days from the date on which the order was served. 

It also ordered that the department “must not publish the results for the 2024 matriculants in newspapers and must make these results available to the learners using methods that are compliant with POPIA.”

However, the DBE did not comply with the Enforcement Notice, thus forcing the Regulator to issue an Infringement Notice against DBE, in which it ordered the DBE to pay an administrative fine of R5 million following its failure to comply with the Enforcement Notice.

The regulator approached the Pretoria High Court for an interdict against the publication of the matriculation results, while the DBE appealed the decision of the regulator, and the matter was argued in the High Court (Gauteng Division, Pretoria).
“Naturally, the regulator is disappointed that the Court’s judgment was not in its favour. We will study the judgment in order to determine the next course of action. Further announcements will be made in due course.

“The Regulator has previously expressed the importance of judicial processes that may help to illuminate certain aspects of the Protection of Personal Information Act, particularly on the issue of the obligations of responsible parties in complying with the orders of the Regulator and in protecting personal information that they hold about data subjects, such as the matriculants in this case,” the Information Regulator said. –SAnews.gov.za

 

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Transnet’s performance is on an upward trajectory

Source: Government of South Africa

Transnet’s performance is on an upward trajectory

Transnet’s interim results for the six months ended 30 September 2025 reflect an improved financial performance, driven by higher volumes across the business, which boosted revenue and earnings before interest, taxes, depreciation and amortisation (EBITDA), while reducing the loss for the period. 

This is according to Transnet’s interim results, which were released on Friday.

“Transnet’s volume performance has been on an upward trajectory since the 2024 financial year, “Transnet Group Chief Executive, Advocate Michelle Phillips, said.
According to the interim results, revenue for the reporting period increased by 8.8% to R45.2 billion (2024: R41.5 billion), in line with an increase in rail, container and petroleum volumes and weighted average tariff increases in the port and pipeline businesses.

“The company continues to show sustained improvements, as the rail volume performance is higher than the prior period, reflecting an increase of 4.4% to 81.4 mt (2024: 78.0 mt). 

“Performance improvements are evident through increased tonnage throughput, with the financial month of September 2025 recording an annual high of 14.8 mt, the highest month performance achieved since the 2022 financial year, despite the annual maintenance shutdown affecting manganese volumes. This resulted in a 17.7% improvement in the reported net loss of R1.8 billion (2024: R2.2 billion),” Phillips said.

She said the company will leverage private sector participation (PSP) to improve efficiency and fund capital investment requirements. 

“Transnet remains committed to its role in supporting South Africa’s economic recovery and is focused on delivering efficient, world-class logistics services for the benefit of the country.

“Projects focused on improving rolling stock availability and the rail infrastructure condition will be prioritised while building on improved efficiencies. The acquisition of key port equipment has gained significant momentum, contributing to notable performance improvements within the port business.

“The Board and management continue to implement the Reinvent for Growth Strategy, and direct significant focus on resolving operational challenges to ensure that the tangible gains made thus far are translated into sustainable profitability,” Phillips said.

Theft, vandalism and security incidents continue to pose a challenge to the business, and Transnet, in collaboration with law enforcement agencies, will continue to address this matter.

Key highlights also include:
•    The capital investment for the interim period amounts to R11.0 billion, representing a 5.0% increase in capital expenditure compared to the prior period.
•    The expansion of capacity accounted for 18,3% of the expenditure, while 81,7% was invested to maintain current capacity.
•    Earnings before interest, tax, depreciation and amortisation increased to R15.7 billion, a 15.6% increase from the prior period. The EBITDA margin at 34.8% is accordingly also above the prior period (32.8%), owing to volume improvements.
•    Net finance costs increased by 7.7% to R7.7 billion (2024: R7.1 billion), resulting mainly from the increase in total debt compared to the prior period.
SAnews.gov.za

 

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Motorists urged to exercise caution when driving in rainy weather

Source: Government of South Africa

Motorists urged to exercise caution when driving in rainy weather

The Road Traffic Management Corporation (RTMC) has called on motorists to exercise extreme caution when driving in inclement weather this weekend.

This comes as heavy rainfalls have been experienced in several parts of the country.

“Motorists are advised to delay their trips when they encounter heavy rainfalls and desist from crossing flooded bridges. Traffic officers will be deployed along the routes that are likely to be affected by severe weather patterns and motorists are urged to cooperate with them and obey their instructions,” the RTMC said on Saturday.

Traffic volumes have increased on many routes as travellers head to different destinations to spend the festive season with families, relatives, and friends.

“The RTMC reiterated its call for caution, patience, and respect for the rules of the roads. Pedestrians are warned to stay away from busy roads and only use pedestrian bridges to cross.

“Traffic officers together with members of the South African Police Service have been deployed on all busy routes to ensure free flow of traffic and to deal with those who break the rules of the road,” RTMC said. –SAnews.gov.za

 

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Afreximbank procède à la pose de la première pierre de son centre commercial emblématique et de son nouveau siège social dans la nouvelle capitale égyptienne

Source: Africa Press Organisation – French

La Banque Africaine d’Import-Export (Afreximbank) (www.Afreximbank.com), première institution financière multilatérale d’Afrique, a franchi aujourd’hui une étape historique avec la cérémonie de pose de la première pierre du Centre commercial africain d’Afreximbank (AATC) de la nouvelle capitale d’Égypte, qui abritera également le nouveau siège mondial de la Banque.

Situé dans le quartier diplomatique de la nouvelle capitale, à environ 45 kilomètres à l’Est du Caire, le Centre commercial africain d’Afreximbank sera implanté dans un environnement moderne et stratégiquement aménagé réunissant des ministères, des ambassades étrangères et des organisations internationales. Il s’agira de la première installation de ce type dans la région de l’Afrique du Nord.

Lors de la cérémonie, le Premier ministre égyptien, le Dr Mostafa Madbouly, a déclaré : « La création du Centre commercial africain d’Afreximbank (AATC) dans la nouvelle capitale égyptienne reflète le rôle important joué par l’Égypte dans l’intégration économique continentale et la facilitation du commerce. En tant que pays hôte du siège mondial d’Afreximbank, l’Égypte est fière d’approfondir cette collaboration grâce à une infrastructure unique qui servira de plaque tournante pour l’intelligence commerciale, le renforcement des capacités, l’innovation et la connectivité continentale ».

Le Président d’Afreximbank et du Conseil d’administration de la Banque, le Dr George Elombi, a exprimé sa gratitude au gouvernement égyptien pour son soutien de longue date depuis la création d’Afreximbank en 1993. Il a souligné que l’Égypte accueille le siège mondial de la Banque depuis plus de trois décennies, contribuant de manière significative à la forte croissance d’Afreximbank. Il a ajouté que l’Égypte, représentée par sa Banque centrale, est également le plus grand actionnaire souverain d’Afreximbank.

Le Dr Elombi a déclaré : « Le Centre commercial africain d’Afreximbank ne vise pas simplement à s’adapter à l’expansion de la Banque, mais aussi à remédier au manque d’informations sur le commerce et l’investissement parmi les entreprises africaines ; un défi qui entrave la croissance du commerce et de l’investissement intra-africains depuis près de sept décennies ».

Qualifiant les relations entre Afreximbank et le gouvernement égyptien de « véritablement symbiotique », Dr Elombi a souligné qu’Afreximbank a injecté 41 milliards de dollars US dans l’économie égyptienne, contribuant ainsi à accroître les investissements dans des secteurs stratégiques tels que l’énergie, les télécommunications, la construction et l’industrie manufacturière, tout en renforçant les échanges commerciaux et les investissements entre l’Égypte et l’Afrique.

« Nous avons aidé les entités égyptiennes à tirer parti des opportunités d’investissement croissantes à travers l’Afrique, en les aidant à obtenir et à réaliser des projets dans plusieurs pays », a poursuivi le Président d’Afreximbank.

Le Centre commercial africain d’Afreximbank situé dans la nouvelle capitale (Caire) positionnera l’Égypte comme un centre commercial majeur, des centres de technologie du logement et d’incubation de PME, ainsi qu’une passerelle numérique du commerce africain offrant des informations commerciales, une diligence raisonnable à la clientèle, des paiements et d’autres services numériques.

L’AATC au Caire s’inscrit dans le cadre de la vision globale d’Afreximbank consistant à développer un réseau de centres commerciaux africains dans des pôles commerciaux stratégiques en Afrique et dans les Caraïbes. Ces centres fourniront des informations commerciales, des renseignements sur les marchés, des financements, des possibilités de réseautage et de collaboration, ainsi que des infrastructures de soutien essentielles pour accélérer le commerce, renforcer la coopération économique et stimuler la croissance intra-africaine.

Occupant un site de 48 888 mètres carrés, le complexe ultramoderne d’Afreximbank comprendra deux niveaux souterrains et six étages, pour une superficie totale construite de 156 147 mètres carrés.

Une fois terminé, l’AATC au Caire offrira 57 298 mètres carrés d’espace de bureaux pour accueillir le personnel en pleine expansion d’Afreximbank. Des espaces de bureaux supplémentaires seront mis à la disposition des agences africaines et internationales actives dans le commerce, le financement et l’investissement, ainsi que de certaines missions diplomatiques africaines à l’étranger.

Le complexe abritera un ensemble complet d’installations modernes destinées à soutenir le commerce, notamment un centre d’information commerciale, une bibliothèque et un centre de connaissances de classe mondiale, un centre d’innovation et d’incubation de PME pour soutenir l’entrepreneuriat, un centre d’affaires, un appart-hôtel de 110 chambres, un centre de conférence moderne de 750 places, un centre d’exposition, des magasins et des restaurants, des boutiques, de vastes installations techniques et de soutien, ainsi qu’un parking de 1 200 places.

La conception architecturale intègre trois blocs interconnectés, agencés autour d’une rue intérieure paysagée, créant ainsi le cœur social et spatial du complexe. Des cours intérieures verdoyantes, des allées ombragées et des espaces collaboratifs favoriseront une interaction fluide entre travail, formation et loisirs, reflétant l’engagement d’Afreximbank en faveur de l’innovation, du développement durable et du bien-être de ses collaborateurs.

Conçu pour obtenir la certification LEED Or ou supérieure, le complexe intégrera des systèmes intelligents à haute efficacité énergétique, l’énergie solaire, des technologies d’économie d’eau et une conception bioclimatique avec des espaces extérieurs ombragés et confortables.

Le nouveau siège d’Afreximbank s’impose ainsi comme l’un des projets institutionnels les plus modernes et respectueux de l’environnement d’Afrique.

Afreximbank a désigné Hassan Allam Construction, l’une des principales entreprises égyptiennes d’ingénierie et de construction, comme entrepreneur principal dans le cadre d’un contrat de 249,5 millions de dollars. La conception architecturale et la supervision du projet sont assurées par le cabinet d’ingénierie de renom EHAF Consulting Engineers.

Ce projet générera de nombreux emplois pendant la phase de construction et dans le cadre des opérations courantes. Il stimulera les opportunités pour les entrepreneurs locaux, les fournisseurs, les PME et un large éventail de prestataires de services.

La pose de la première pierre de l’AATC du Caire, dont les travaux devraient être achevés en début 2009, fait suite à l’AATC de la Barbade (https://apo-opa.co/48XmNFi) en mars 2025 et à l’ouverture officielle de l’AATC d’Abuja (https://apo-opa.co/459NMw3) en avril 2025. Des projets similaires sont en cours de mise en œuvre à Harare et Kampala.

Le réseau des centres commerciaux africains d’Afreximbank comprendra des pôles à Abuja (Nigeria), Harare (Zimbabwe), Kampala (Ouganda), Le Caire (Égypte), Abidjan (Côte d’Ivoire), Yaoundé (Cameroun), Bridgetown (Barbade), Kigali (Rwanda) et Tunis (Tunisie).

Ensemble, ces centres connecteront les acheteurs, les vendeurs, les fournisseurs, les prestataires de services, les entreprises, les gouvernements, les chambres de commerce, les institutions financières, les organisations de développement et la communauté africaine et mondiale du commerce et de l’investissement au sens large.

Distribué par APO Group pour Afreximbank.

Contact Presse :
Vincent Musumba
Responsable des communications et de la gestion événementielle (Relations presse)
Courriel : press@afreximbank.com

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À propos d’Afreximbank :
La Banque Africaine d’Import-Export (Afreximbank) est une institution financière multilatérale panafricaine dédiée au financement et à la promotion du commerce intra et extra-africain. Depuis 30 ans, Afreximbank déploie des structures innovantes pour fournir des solutions de financement qui facilitent la transformation de la structure du commerce africain et accélèrent l’industrialisation et le commerce intrarégional, soutenant ainsi l’expansion économique en Afrique. Fervente défenseur de l’Accord sur la Zone de Libre-Échange Continentale Africaine (ZLECAf), Afreximbank a lancé les le Système panafricain de paiement et de règlement (PAPSS) qui a été adopté par l’Union africaine (UA) comme la plateforme de paiement et de règlement devant appuyer la mise en œuvre de la ZLECAf. En collaboration avec le Secrétariat de la ZLECAf et l’UA, la Banque a mis en place un Fonds d’ajustement de 10 milliards de dollars US pour aider les pays à participer de manière effective à la ZLECAf. À la fin de décembre 2024, le total des actifs et des garanties de la Banque s’élevait à environ 40,1 milliards de dollars US et les fonds de ses actionnaires s’établissaient à 7,2 milliards de dollars US. Afreximbank est notée A par GCR International Scale, Baa2 par Moody’s, AAA par China Chengxin International Credit Rating Co., Ltd (CCXI), A- par Japan Credit Rating Agency (JCR) et BBB par Fitch. Au fil des ans, Afreximbank est devenue un groupe constitué de la Banque, de sa filiale de financement à impact appelée Fonds de développement des exportations en Afrique (FEDA), et de sa filiale de gestion d’assurance, AfrexInsure, (les trois entités forment « le Groupe »). La Banque a son siège social au Caire, en Égypte.

Pour de plus amples informations, veuillez visiter www.Afreximbank.com

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Afreximbank Breaks Ground on its Iconic Trade Centre and New Headquarters in Egypt’s New Capital

Source: APO – Report:

African Export-Import Bank (Afreximbank) (www.Afreximbank.com), Africa’s leading multilateral financial institution, today marked a historic milestone with the groundbreaking ceremony of the Afreximbank African Trade Centre (AATC) in Egypt’s New Capital, which will also be the home of the Bank’s new global headquarters.

Situated in the Diplomatic District of the New Capital, approximately 45 kilometres east of Cairo, the Afreximbank African Trade Centre will be located in a modern, strategically planned environment that brings together government ministries, foreign embassies, and international organisations. It will be the first facility of its kind in the North Africa region.

Speaking at the ceremony, Egypt’s Prime Minister, His Excellency, Dr Mostafa Madbouly, said: The establishment of the Afreximbank African Trade Centre (AATC) in Egypt’s New Capital reflects Egypt’s important role in driving continental economic integration and trade facilitation.

“As the host country of Afreximbank’s global headquarter, Egypt is proud to deepen this collaboration through a landmark facility that will serve as a hub for trade intelligence, capacity building, innovation, and continental connectivity.”

Afreximbank’s President and Chairman of its Board of Directors, Dr George Elombi, expressed appreciation to the Government of Egypt for its steadfast support since the Bank’s establishment in 1993. He noted that Egypt has hosted the Bank’s global headquarters for more than three decades, contributing significantly to the Afreximbank’s strong growth, and that Egypt, represented by its Central Bank, is also the largest sovereign shareholder of Afreximbank.

Dr Elombi said: “This Afreximbank African Trade Centre in the New Capital is meant not simply to accommodate the expansion of the Bank, but provide a concrete solution designed to address the lack of trade and investment information among African businesses; a challenge that has confounded the growth of intra-African trade and investment for nearly seven decades.”

Describing the relationship between Afreximbank and the Government of Egypt as ‘truly symbiotic’, Dr Elombi said the Bank has disbursed US$41 billion into the Egyptian economy to date, supporting increased investment in strategic sectors including energy, telecommunications, construction and manufacturing, while strengthening Egypt-Africa trade and investment.

“We have helped Egyptian entities capitalise on growing investment opportunities across Africa, helping them secure and execute projects in several countries.”

The Afreximbank African Trade Centre in the New Capital, Cairo, will position Egypt as a major trade hub, housing technology and SME incubation centres as well as a digital African trade gateway offering trade information, customer due diligence, payments, and other digital services.

The AATC in Cairo is part of Afreximbank’s broader vision to develop a network of African Trade Centres in strategic commercial hubs across Africa and the Caribbean. These centres will provide trade information, market intelligence, financing, networking and collaboration opportunities, and essential support facilities to accelerate trade, strengthen economic cooperation, and drive intra-African growth.

Occupying a 48,888-square-metre site, the state-of-the-art Afreximbank development will feature two basement levels and six floors, with a total gross built-up area of 156,147 square metres.

Once completed, the AATC in Cairo will offer 57,298 square metres of office space to accommodate Afreximbank’s rapidly expanding workforce. Additional office space will be made available for African and international agencies involved in trade, finance, and investment, as well as for some foreign African diplomatic missions.

The complex will host a full suite of modern trade-supporting facilities, including a trade information centre, a world-class library and knowledge hub, an innovation and SME incubation centre to support entrepreneurship, a business centre, a 110-room aparthotel, a 750-seater modern conference centre, an exhibition centre, retail and dinning outlets, shops, extensive back-of-house and support facilities and a 1,200-bay parking structure.

The architectural design integrates three interconnected blocks arranged around a landscaped internal street, creating the social and spatial heart of the complex. Green courtyards, shaded walkways, and collaborative spaces will encourage seamless interaction between work, learning, and leisure reflecting Afreximbank’s commitment to innovation, sustainability, and staff wellbeing.

Designed to achieve Gold-level LEED certification or higher, the complex will feature smart energy-efficient systems, solar power integration, water-saving technologies, and climate-responsive design with comfortable shaded outdoor spaces.

This makes the new Afreximbank headquarters one of Africa’s most advanced and environmentally conscious institutional developments.

Afreximbank has appointed Hassan Allam Construction, one of Egypt’s leading engineering and construction companies, as the main contractor under a US$249.5 million contract. Architectural design and project supervision are being led by renowned engineering firm EHAF Consulting Engineers.

This project will generate significant employment throughout the construction phase and in ongoing operations. It will stimulate opportunities for local contractors, suppliers, SMEs, and a wide range of service providers.

Scheduled for completion in early 2029, the AATC in Cairo’s groundbreaking follows the AATC- Barbados (https://apo-opa.co/48XmNFi) groundbreaking in March 2025 and the official opening of the AATC in Abuja (https://apo-opa.co/459NMw3) in April 2025. Construction is already underway for similar projects in Harare and Kampala.

The Afreximbank African Trade Centre network will include hubs in Abuja (Nigeria), Harare (Zimbabwe), Kampala (Uganda), Cairo (Egypt), Abidjan (Côte d’Ivoire), Yaoundé (Cameroon), Bridgetown (Barbados), Kigali (Rwanda) and Tunis (Tunisia).

Together, these Centres will connect buyers, sellers, suppliers, service providers, enterprises, governments, chambers of commerce, financial institutions, development organisations, and the wider African and global trade and investment community.

– on behalf of Afreximbank.

Media Contact:
Vincent Musumba
Communications and Events Manager (Media Relations)
Email: press@afreximbank.com

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About Afreximbank:
African Export-Import Bank (Afreximbank) is a Pan-African multilateral financial institution mandated to finance and promote intra- and extra-African trade. For over 30 years, the Bank has been deploying innovative structures to deliver financing solutions that support the transformation of the structure of Africa’s trade, accelerating industrialisation and intra-regional trade, thereby boosting economic expansion in Africa. A stalwart supporter of the African Continental Free Trade Agreement (AfCFTA), Afreximbank has launched a Pan-African Payment and Settlement System (PAPSS) that was adopted by the African Union (AU) as the payment and settlement platform to underpin the implementation of the AfCFTA. Working with the AfCFTA Secretariat and the AU, the Bank has set up a US$10 billion Adjustment Fund to support countries effectively participating in the AfCFTA. At the end of December 2024, Afreximbank’s total assets and contingencies stood at over US$40.1 billion, and its shareholder funds amounted to US$7.2 billion. Afreximbank has investment grade ratings assigned by GCR (international scale) (A), Moody’s (Baa2), China Chengxin International Credit Rating Co., Ltd (CCXI) (AAA), Japan Credit Rating Agency (JCR) (A-) and Fitch (BBB-). Afreximbank has evolved into a group entity comprising the Bank, its equity impact fund subsidiary called the Fund for Export Development Africa (FEDA), and its insurance management subsidiary, AfrexInsure (together, “the Group”). The Bank is headquartered in Cairo, Egypt.

For more information, visit: www.Afreximbank.com

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