Zimbabwe’s industrial transformation agenda under the National Development Strategy 2 (NDS2) is gaining fresh momentum as the Afreximbank African Trade Centre (HAATC) in Harare nears completion, marking one of the most significant trade-facilitation investments in the country in recent years.
Valued at between US$80 million and US$100 million, the 35,000-square-metre complex is designed not merely as a commercial property development, but as strategic trade infrastructure aligned with continental integration under the African Continental Free Trade Area (AfCFTA). The facility will house a 110-room aparthotel, a 750-seat conference centre, a technology incubation laboratory, and a fully-fledged trade hub intended to streamline business services and trade support mechanisms.
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Book NowBeyond its physical footprint, the HAATC signals Zimbabwe’s intent to reposition Harare as a convening capital for African commerce. The complex will serve as the Southern Africa Regional Office of the African Export-Import Bank, integrating Zimbabwe into a growing network of Afreximbank trade centres in Abuja, Cairo and Kampala. This institutional presence enhances Zimbabwe’s visibility within continental trade diplomacy and financial architecture.
The aparthotel component is expected to cater for high-level trade delegations, investors and policy-makers, reducing reliance on external hospitality infrastructure while strengthening Harare’s capacity to host international engagements. Complementing this is the conference centre, designed to accommodate major summits, trade exhibitions and policy dialogues. In the context of NDS2, such infrastructure supports the country’s ambition to attract foreign direct investment and increase export-led growth.
Equally strategic is the inclusion of a technology incubation lab. By providing dedicated space for small and medium enterprises and start-ups, the centre links trade facilitation with innovation and enterprise development. This integration reflects a broader policy shift from commodity-based exports to knowledge-driven and value-added production, consistent with Zimbabwe’s industrialisation thrust.
The trade hub element is expected to function as a one-stop platform for trade information, advisory services and AfCFTA-related support. By centralising services that are often fragmented across institutions, the facility could reduce transaction costs, improve regulatory clarity and enhance ease of doing business—critical components in Zimbabwe’s competitiveness strategy.
The HAATC’s near completion comes at a time when the Government of Zimbabwe is intensifying efforts to leverage regional and continental markets as buffers against global economic volatility. Under NDS2, trade expansion, infrastructure development and private-sector-led growth remain central pillars. The establishment of the Afreximbank centre therefore represents not just a property milestone, but a structural intervention in Zimbabwe’s trade ecosystem.
If effectively integrated into national export strategies and private-sector initiatives, the facility could anchor Harare’s emerging status as a regional trade and finance hub. As Zimbabwe deepens its participation in AfCFTA frameworks and cross-border value chains, the HAATC may well become a symbol of the country’s evolving role in shaping Africa’s trade architecture beyond 2026.
