President
Located in the
The construction project was approved by cabinet in
The property will be developed by
Speaking at the groundbreaking ceremony,
"Regional financial hubs are critical to attracting new investments and getting us back on track. Our country's stability and business-friendly environment are an added advantage," he said.
For the past two years, the pandemic has slowed down economic growth and deepened inequalities but that is not going to be a permanent state for us, the region or the continent, he said.
"Together with members of our region we try to keep working at it to make sure stability is something we can look up to for many years ahead. This project is also about the future of our people, our most valuable asset," he said.
The Head of State pledged full support to financial service providers.
"Over the years, we have created meaningful partnerships which have contributed to our development and, therefore, have no doubt that it will be the same for
He said the structure will provide grade one certified eco-friendly offices.
It will boast a complete office of a 24-story building, a hotel, apartments and retail spaces.
"The building will facilitate African transformational plans to be financed locally," he said.
The proposed twin tower building is expected to attract investment banks, technical specialists in development space, legal firms, and experts in finance.
It is expected to house a regional office of the International Finance Centre as well as a regional arm of the
Once completed, the building will also host the
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