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All-New Citroën C3 Aircross: The Most Affordable and Comfortable Multi-Energies Compact SUV, Available With 7 Seats
Published
9 months agoon

It is the first B-SUV on the European market to be offered at a price of less than €30,000 in its 100% electric version, and less than €20,000 in its PureTech turbo 100 MT6 internal combustion version
POISSY, France, July 8, 2024/APO Group/ —
A brand-new model in the compact SUV segment: this stylish, smart, functional and affordable proposition will appeal to families and everyone with an active lifestyle; The C3 Aircross has been completely reinvented: new technical platform, robust and assertive SUV style, plus Citroën’s (www.Citroen.com) new styling language; Enhanced onboard comfort; Citroën Advanced Comfort suspension, C-Zen Lounge architecture with Head-Up Display incorporating latest generation infotainment and connectivity systems, plus everything else you expect from this category; Longer body; at 4.39m, it offers both driving comfort and a generously proportioned passenger space. Already a benchmark for space in row 2 in its 5-seat version, C3 Aircross now offers up to 7 seats – a first in this segment!; A vehicle to suit every need: the all-new C3 Aircross offers a practical hybrid 136 version for the first time, alongside a virtuous all-electric version (on the 5-seater versions) and an accessible petrol version; Available in France from 19 400€ in Petrol, 25 500€ in Hybrid and 27 400€ in Electric, orders of All-new C3 Aircross are opening progressively on different European markets.
In a radical shift to the way it approaches the compact SUV market, Citroën has completely reinvented the C3 Aircross. In its European variant, this brand-new model shares the Smart Car platform with the recent C3, enabling it to be positioned at a very attractive price; other common features include the new brand identity and the same formal language, both inside and out. A genuine SUV, it offers protection, robustness, easy access and a feeling of safety, along with assertive, muscular and modern styling. The all-new C3’s stature and dimensions have changed along with its new positioning. At 4.39 metres in length, the 5-seater version offers the best interior space in its segment in row 2. Alongside it, Citroën is also offering a brand new 7- seater, a first for the segment: designed with the same proportions, it offers unrivalled flexibility of use while remaining compact and manoeuvrable.
Spacious and well-equipped, the all-new C3 Aircross offers easy and comfortable daily driving, both in town and on the road. Citroën is always attentive to customer expectations in terms of comfort, roominess and practicality. So the all-new C3 Aircross features the C-Zen-Lounge® concept with Head-Up Display and a reduced-size steering wheel, and new Citroën Advanced Comfort® seats redesigned for optimum support. Ride comfort is enhanced thanks to the adoption of the Citroën Advanced Comfort® suspension with dual progressive hydraulic bump stops – for the first time and on all versions. And for greater peace of mind, the C3 Aircross offers all the driving assistance technologies you would expect in this segment, along with a latest-generation infotainment system incorporating a 10.25-inch touch screen.
Alongside a petrol engine, the all-new C3 Aircross will be electrified in two ways: a 136 bhp Hybrid 48V powertrain, and a full electric version. With a range of more than 300 km (certification pending), the electric version makes everyday life much easier: it can recharge from 20% to 80% in just 26 minutes, and uses the ë-ROUTES application – a journey planner that adapts to changes on the road in real time. A version with a range of over 400km will be available in 2025.
After reinventing the C3, Citroën is back with the all-new C3 Aircross: a family SUV concept that is perfect for active people looking for modularity and robustness. It will be produced in Europe at the Trnava plant. Now available to order, C3 Aircross makes electric mobility affordable from €27 400, and gives access to electrification from €25 500 with the Hybrid 136 version. In traditional petrol, it is available from 19 400€.
1- A FAMILY SUV WITH POWERFUL & ROBUST DESIGN
At 4.39m long, the all-new C3 Aircross combines new proportions with a new attitude. Its exterior design expresses SUV-style strength and power. The new attitude is more assertive, more muscular and more robust – with more upright styling and sharper angles. The all-new C3 Aircross applies Citroën’s new formal language to the SUV.
“From the beginning of the project, we wanted to reinforce the C3 Aircross’s position in the world of SUVs. We opted for a robust and assertive design, with styling that adds muscle and strength. With over 20 cm of ground clearance, a raised driving position and subtle plays of light in its design, the all-new C3 Aircross takes the next step and becomes a real SUV.” Boris Reinmoller, C3 Aircross design project manager.
Reinterpreting Citroën’s new visual identity
With an assertive, graphic design underpinned by wide fascias, the all-new C3 Aircross is all SUV. The front fascias feature vertical colour-clips that customers can change at will. The front-end design incorporates the new logo unveiled on the Oli concept car in 2021, and recently adopted by the ë-C3 and C3 saloons. The headlamp design references the new three-point light signature inaugurated on the Oli. The SUV feel comes through loud and clear on the high, horizontal bonnet and the front’s vertical lines. With a width of 1.79 metres, the design brings muscle and strength to the front wings, which cover the large 690 mm wheels. The wheel arch guards are inspired by the square-round design concept introduced on the ë-C3 and C3 saloons. Subtle edge lines liven up the sides of the car.
Side on, those SUV genes translate into perfect balance. A straight roof and height of 1.66 m provide generous onboard space for all passengers. Over 200 mm of ground clearance offer greater protection and easy access, along with a higher and safer driving position. The long rear window – with no deflector – supplies plenty of light on board, and the rear fascia features a customisable colour-clip, echoing the one on the bumper. The rear wing reproducess the muscular feel of the front, and introduces the signature rear lights. The lights continue the styling theme inaugurated on the Oli concept and the ë-C3 and C3 saloons, while the rear quarter panel reinforces the C3 Aircross’s robust appearance. The biton finish – available as standard on the Max level in white or black – makes customisation easy; the continuity between the third side window and the tailgate reinforces the independence of the roof. Incorporating the same black band and new logo as the front of the car, the wide tailgate features a cutaway design with a low load sill, for easy access to the boot.
“The all-new C3 Aircross is more mature and its proportions are those of a true SUV, with a very horizontal bonnet and a very pronounced vertical front end. The proportions are balanced, with perfect control of the overhangs and a silhouette that demonstrates its strength. We have played with rich sections and – above all – we have avoided designing a soulless, enhanced estate car. The design seems to have been executed with a single stroke, and is very consistent,” said Boris Reinmoller.
2- A SPACIOUS COMPACT SUV THAT CAN SEAT UP TO 7
New dimensions for more space and practicality
Just 4.39 m long, the C3 Aircross handles like a dream. The wheelbase of 2.67 m offers maximum space on board: the 5-seater version delivers record space in row 2 and a 460-litre boot. For customers looking for even greater versatility, the C3 Aircross is also available in a super functional 7-seater version.
The all-new C3 Aircross is available in 5 and 7 seat versions, with identical body shapes and exterior dimensions, allowing customers to choose the version that matches their needs and desires. The 2.67 m wheelbase – the most generous in the category – allows for unprecedented rear door length, providing excellent access to row 2 for the 5-seater version and row 3 for the 7-seater version.
“The new Citroën C3 Aircross was designed to be compatible with seven people on board. And when you design a silhouette that’s spacious enough for seven, you inevitably propel the 5-seater version to the top of the category in terms of row 2 space and boot volume”.
Thierry Blanchard, C3 Aircross Product Project Manager.
The 7-seater version: clever and versatile
Citroën is offering an unprecedented 7-seater version of the all-new C3 Aircross. The design of the rear quarter panel creates a dynamic, vertical stern, providing ample space for the third-row passengers. A large rear door and the easy-tilt seat backs in row 2 (40/60) facilitate access to this third row, which features two comfortable and retractable extra seats. Available whenever necessary, they consist of a seat and two backrests that can be folded 50/50, providing a flat load surface when not deployed.
In its 7-seat version, the C3 Aircross offers the same knee-to-knee length in row 2 as the C3 saloon, elbow width that is 25 mm wider than the category average, and generous headroom. The third-row space is equipped to the same standard as the other seats, with headrests, armrests, cupholders, a USB socket, a footwell and air conditioning. The new 7-seat version of the C3 Aircross perfectly balances a compact exterior with interior space. With 93% of European B-SUV owners driving less than 80 km a day, the 7-seater version’s two rear seats are a perfect solution. With all seats deployed, the boot volume is 40 litres, and 330 litres in the 5-seat configuration.
The 5-seater version: segment-leading interior space
The 5-seater version of the C3 Aircross has a 40/60 bench seat that is 65 mm further back than on the 7-seater version. The result is very generous space in row 2, with the best knee room in the category (+80 mm compared with the segment average). The three occupants of the bench seat also enjoy the best elbow room on the market (+25 mm compared with the segment average). The bench’s 65 mm recline doesn’t detract from the 460 litres of boot space, one of the best in the segment.
Easy to access – with a low, square threshold – the boot also has a two-position floor, providing a completely flat load surface when the backrests of the 40/60 rear seat are folded. In this configuration, it offers an impressive 1600 litres of volume. With no shortage of tricks up its sleeve, the C3 Aircross has the flexibility to make daily life easier for all the family. Practical, versatile and reassuring, it remains compact enough to make city driving stress free.
3- AN AFFORDABLE MULTI-ENERGY RANGE
In line with Citroën’s focus on accessible, people-centric solutions, its new compact SUV offers a range of different energies at an ultra-competitive price. The all-new C3 Aircross is based on the Smart Car platform, designed to accommodate a range of internal combustion, hybrid and electric vehicles. This new vehicle demonstrates Citroën’s commitment to integrating the challenges of the energy transition into all its product developments. Alongside a traditional internal combustion engine, the C3 Aircross offers a hybrid range for the first time: facilitating access to electrification, its versatility is perfectly suited to this body type. And to take things even further, the all-new C3 Aircross will be available for the first time as a 100% electric vehicle.
The hybrid: a petrol engine with access to electrification
The all-new C3 Aircross showcases a new powertrain, with its Hybrid 136 version equipped with an e-DCT automatic gearbox. The 48V hybrid uses the new-generation 1.2 PureTech engine developed specifically for hybrid applications, featuring 40% all-new components. With a displacement of 1,199 cm3, this 3-cylinder engine develops 100 kW/136 bhp. It has a variable geometry turbocharger and a timing chain that contributes to its robustness.
The Miller-cycle engine is combined with an e-CDT electrified dual-clutch automatic transmission, incorporating a 21 kW/28 bhp electric motor powered by a 48 V lithium-ion battery housed under the floor.
The powertrain is easy to use and requires no recharging. Ideal for families, it reduces both fuel consumption and emissions, making it good for the wallet and the planet too. The e-motor (permanent magnet synchronous machine) assists the internal combustion engine to reduce fuel consumption in a transparent way, allowing 100% electric driving for almost 50% of urban use and recharging the battery during deceleration. This new transmission is produced in France and offers the best optimisation in terms of compaction and cost. As a result, the C02 emissions of the hybrid version have been reduced to just 124g CO2/km (waiting for certification). This new driving experience will be available to the widest possible audience in both the 5- and 7-seat versions.
Alongside this electrified powertrain, Citroën is deploying the C3 Aircross with a 75 kW/100 bhp turbo petrol powertrain. This 3-cylinder PureTech Turbo 100 MT6 engine is coupled with a six-speed manual transmission, and complies with Euro7 standards. This version will be available at the most competitive price on the market.
Citroën’s first all-electric compact SUV
For the first time in the family B-SUV segment, Citroën is offering an electric version of its 5-seater C3 Aircross. Perfectly suited to the driving habits of customers in this segment, the electric version is powered by an 83 kW/113 bhp engine combined with a 44 kWh LFP (Lithium Iron Phosphate) battery. This technology offers the perfect compromise between the performance required (range of more than 300km – approval pending) and a highly affordable price. Its engine and fully automatic transmission offer linear acceleration with immediately available torque, and a top speed of 145 km/h. The 100% electric version of the C3 Aircross offers sufficient performance to slot into everyday traffic with ease.
The all-electric C3 Aircross makes life easier for its users, particularly when it comes to recharging. The Mode 3 cable – supplied as standard – enables charging both at home and in public places:
With over 20 cm of ground clearance, a raised driving position and subtle plays of light in its design, the all-new C3 Aircross takes the next step and becomes a real SUV.
- Standard AC charging from 20% to 80% of the battery takes around 4 hours 10 minutes using 7 kW of power.
- Standard AC charging from 20% to 80% of the battery takes around 2 hours 50 minutes using 11 kW of power.
Fast charging is also available with DC 100 kW chargers, taking just 26 minutes to go from 20% to 80% charge. A version equipped with a different battery will be offered in 2025, extending the range to over 400km.
The all-electric C3 Aircross fully addresses the concerns of motorists still worried about the switch to all-electricity. The new e-ROUTES application – developed for Citroën electric vehicles – makes it easy to plan your journeys, monitor battery charge levels in real time, and enjoy a complete navigation experience. The app helps to reduce journey times, and pinpoints the best recharging stops. Constantly connected to the vehicle’s data (in particular the charge level of the batteries), the traffic situation and the status of the recharging points along the selected route, it ensures the most efficient route management
4- COMFORT AND PEACE OF MIND
Full of space and light, the C3 Aircross offers all the features of a living room on wheels. Its raised driving position and high ground clearance make it easier to get in and out, while providing a clearer view of the road ahead. The feeling of comfort is paramount, delivered by the exclusive Citroën Advanced Comfort® suspension, the C-Zen Lounge concept – which combines a reassuring dashboard with the new head-up vision system – and Citroën Advanced Comfort® seats.
Citroën Advanced Comfort® suspension and seats
The all-new C3 Aircross has been designed to provide the best compromise between comfort and enjoyment, whether one or 7 people are on board. To achieve that result, Citroën’s exclusive Advanced Comfort® suspension is standard on all versions. This innovative, patented design guarantees a unique feeling of comfort for the vehicle’s occupants, whatever the road conditions.
Citroën Advanced Comfort® suspension rethinks the two basic functions of a suspension system: ensuring optimum contact between the wheels and the road surface, and defining a perfect level of comfort for the passengers. A conventional suspension – now abandoned by Citroën – uses a spring and hydraulic damper to manage these two functions. The spring absorbs bumps in the road, while the shock absorber supports the spring in its relaxation phase after an impact: a stop at the top of the shock absorber absorbs the compression of the spring over its last few centimetres. This stop protects the vehicle’s mechanical components but does not totally dissipate the energy, adversely affecting passenger comfort.
Citroën’s engineers have completely rethought this architecture, creating a patented system of progressive hydraulic bumpers. These act like a second smaller shock absorber, housed at the ends of the main shock absorber. There are two progressive stops per shock absorber, one for compression and the other for rebound. This suspension construction ensures greater suppleness and comfort on minor irregularities, without compromising the damping required to hold the body in place when driving on a rough road. In the latter case, the system gradually slows down the movement at the end of the travel. Unlike a mechanical stop in a conventional shock absorber – which absorbs energy and reduces comfort by releasing some of it in the form of a shock – the progressive hydraulic stop absorbs and dissipates this energy. The “magic carpet” effect so important to Citroën is felt clearly, enhancing the driving experience on board the C3 Aircross.
The all-new C3 Aircross also features new Advanced Comfort® seats. Equipped with a new seat surface that includes an extra 10 to 15 mm of foam, they feature redesigned lateral support to ensure comfort whatever the distance.
C-Zen Lounge: a new architecture for increased peace of mind.
The C3 Aircross inherits the work carried out on the new ë-C3 and C3 saloons. The Citroën C-Zen Lounge’s modern, spacious and well-equipped cabin is here taken to its logical conclusion, with new materials and colours.
The horizontal dashboard – complete with characteristic Citroën vertical air vents – is divided into two levels: technical elements on top and comfort at the bottom. Known as the Sofa Design, this area is covered in a special fabric and embellished at both ends with new zones of warm light, adding to the feeling of well-being. In the upper section, the absence of a handset clears the view, for driving comfort and enhanced safety. Essential driving information is cleverly projected onto a head-up display. The small multifunction steering wheel, adjustable for height and angle, is easy to handle. The information display at the junction between the dashboard and the bottom of the windscreen is a first for a family SUV. This innovative feature eliminates the need for a dual display, giving the driver all the information they need without taking their eyes off the road.
5- A CONNECTED, WELL-EQUIPPED FAMILY SUV
Whatever energy source you choose, the C3 Aircross breaks new ground with its combination of design, space, on-board comfort and equipment – all at an ultra-competitive price.
A connected SUV.
The all-new C3 Aircross offers infotainment system and all the connectivity you expect from this type of vehicle.
The You version of the all-new C3 Aircross features the Smartphone Station, which includes an integrated smartphone holder. The driver can then automatically launch the dedicated application using NFC wireless technology. Thanks to the Smartphone Station, drivers can access shortcuts to services on their smartphone, controlled using voice recognition. They can also access the radio, playlists and navigation. The steering wheel controls on the C3 Aircross enable drivers to keep their hands on the wheel, and the Home button makes it easy to return to the application’s home page.
The Max versions of the C3 Aircross feature a 10.25-inch colour infotainment screen, oriented slightly towards the driver. It uses a widget architecture inspired by smartphones. Virtual shortcuts provide access to the main navigation, telephone, radio, application and media functions. A wireless WiFi function enables smartphone mirroring and compatibility with Apple CarPlay and Android Auto. On-board comfort is also enhanced by the presence of two USB-C sockets at the front and two more in row 2. A 15W charging mat is integrated into a dedicated storage space in the centre console.
Making everyday life easier and safer
The driving aid technology does not only improve the comfort and safety of the driver. Everybody onboard gets the benefits, along with pedestrians too.
Active Safety Brake: This is an emergency braking system that helps reduce injuries to passengers, pedestrians and cyclists. It operates day and night, from a speed of 5 km/h up to the C3 Aircross’s top speed of 135 km/h.
Active Lane Keeping Assist: this lane-keeping assistance system helps the driver to maintain the correct distance from the lane markings. It is active from 60 km/h. When the car starts to drift out of its lane, this mode automatically takes corrective action.
Driver Alert: this system detects oscillations on the C3 Aircross, anticipating drowsiness on the part of the driver. Once detected, it emits a visual and audible warning. If the situation persists, the system emits a longer audible warning and maintains the visual warning for 10 seconds.
Speed sign recognition: this speed limit information system reads the signs and displays the speed in the driver’s field of vision, on the HUD display at the base of the windscreen. The driver is thus informed if a new speed limit is detected, or if he or she is exceeding the speed limit. This intelligent system also uses the speed limit data contained in the navigation system. The audible warnings can be activated or deactivated via the dashboard.
High beam assistance: with Intelligent Headlights, the windscreen camera switches the headlights to low beam when it detects an oncoming vehicle. As soon as the vehicle has passed, the high beam is restored.
Front and rear parking sensors: the front and rear park-assist sensors collect data during manoeuvres and warn the driver of approaching obstacles, using an audible warning and visual indications. The rear parking sensors are active as soon as reverse gear is engaged.
Blind spot detection: it uses an illuminated pictogram in the rear-view mirrors to indicate the presence of a vehicle in the blind spot. The system works on the same principle as parking sensors genuinely adds to safety. It is active from 30 km/h.
Reversing camera: when reverse gear is engaged, the camera on the base of the tailgate supplies a view to the rear of the vehicle on the main screen. This view features grids of different colours to help the driver identify the distance between obstacles and the vehicle, and warn of possible collisions.
All-Electric for under €30,000, petrol for under €20,000
Following the launch of the ë-C3 and C3, Citroën is continuing its mission to make electric mobility accessible to as many people as possible. Thanks to the European version of the new international “Smart Car” platform – designed from the outset to accommodate 100% electric, internal combustion and hybrid engines – and its extreme modularity, the dimensions of the C3 Aircross have been revised upwards for greater habitability and functionality, with no impact on its selling price. It is the first B-SUV on the European market to be offered at a price of less than €30,000 in its 100% electric version, and less than €20,000 in its PureTech turbo 100 MT6 internal combustion version.
Range: tailor-made for everyone
The all-new C3 Aircross range is embodied in two silhouettes that are identical in their design and dimensions: a 5-seater available in petrol, hybrid, and electric, and a 7-seater available in petrol and hybrid. The C3 Aircross benefits from a palette of six strong shades: Black Perla Nera, Mercury Grey, Elixir Red, Monte Carlo Blue, Polar White and Montana Green, paired with the two available roof colours – white and black. It can be personalised using colour clips in three different colours, each coordinated with the body colour. Citroën will offer additional colour clips as accessories, in the form of kits of 4 pieces, for more extensive customisation.
The streamlining of the all-new C3 Aircross range goes hand in hand with rich equipment at the first trim level, You. This comes standard with Citroën Advanced Comfort® suspension, 6 airbags, manual air conditioning, Smartphone station, active safety braking, active lane departure warning system, driver attention alert, cruise control with speed limiter, recognition of speed limit signs, rear parking sensors, automatic lighting, height adjustment for the driver’s seat, electric front windows, 40/60 folding rear seat, LED headlights and daytime running lights, and 16” wheels.
The second level, MAX, additionally offers 17’’ Aragonite Diamond Cut alloy wheels, 3D LED rear lights, a white or black tinted roof depending on the body colour, 3D navigation, wireless smartphone charging, exterior mirrors with blind-spot detection, front parking sensors, electrochrome interior mirror, and access to the 7-seater version with the Mild Hybrid 136 eDCT engine.
Distributed by APO Group on behalf of Citroen.
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$40B Africa Energy Fund Targets Universal Access – What it Means for Clean Cooking
Published
3 days agoon
April 11, 2025
With the launch of a $40 billion fund to expand energy access, African Energy Week 2025: Invest in African Energies will serve as a key platform to drive investment in clean cooking solutions and sustainable energy strategies across the continent
Access to clean cooking solutions remains one of Africa’s most pressing energy challenges. Over 900 million people on the continent still rely on traditional biomass, such as wood and charcoal, for cooking. The health, environmental and economic consequences are severe – household air pollution from these fuels contributes to over 600,000 premature deaths annually, while deforestation and carbon emissions continue to rise. While electrification projects are a major focus of Africa’s energy transition, clean cooking remains an urgent issue that requires targeted investment and policy support.
The Fund is a step in the right direction and demonstrates global commitment to accelerating energy access and supporting Africa’s transition to cleaner, more sustainable energy solutions. The World Bank has pledged $22 billion to support the initiative, while the African Development Bank has committed $18.2 billion. Additional contributions include $2.65 billion from the Islamic Development Bank and $1 billion from the OPEC Fund, highlighting strong financial backing from major international institutions.
Several African countries have demonstrated strong commitments to expanding clean cooking access through national policies, targeted financing mechanisms and public-private partnerships. Kenya, seeking universal access by 2028, is advancing LPG expansion, electric cooking and bioethanol alternatives with support from private sector investment and international partnerships. By subsidizing LPG and investing in infrastructure, the country has significantly increased adoption rates. Neighboring Tanzania is integrating clean cooking solutions into its national electrification plan and broader energy transition strategy, supported by a dedicated National Clean Cooking Strategy. Meanwhile, Ghana has adopted a multi-pronged approach, enhancing the affordability of LPG and promoting efficient biomass stoves. The country is also raising public awareness of the health benefits of clean cooking, while encouraging local manufacturing of stoves and fuel alternatives.
The newly-launched energy fund not only works to expand electricity access, but also to catalyze economic opportunities by powering industries, businesses and households. Reliable energy is a fundamental enabler of economic growth, and investments in clean cooking align with broader energy access goals by reducing health costs, increasing productivity and improving gender equality. AEW: Invest in African Energies 2025 – the leading energy event for deal-making, policy discussions and industry networking – provides a crucial platform for stakeholders to explore investment opportunities in clean cooking and broader energy access initiatives.
Discussions will focus on mobilizing financing for clean cooking projects, including public-private partnerships and carbon credit mechanisms; strategies for integrating clean cooking into national electrification plans; and best practices from leading African countries and how their policies can be replicated across the continent. Discussions will also focus on scaling up investment in clean energy infrastructure, including off-grid electrification and innovative financing mechanisms for clean cooking technologies.
With the launch of the Africa Energy Fund and growing momentum around clean cooking investments, Africa stands at a pivotal moment in its energy transition. Achieving universal energy access requires a multi-faceted approach that includes large-scale electrification projects, off-grid solutions and immediate interventions in clean cooking. AEW 2025 provides an opportunity for governments, businesses and investors to align their strategies and secure funding to drive impact. The commitment to connecting 300 million Africans to cleaner energy is ambitious, but with the right policies and investments, it is within reach – and clean cooking solutions must be a central part of the conversation.
AEW: Invest in African Energies is the platform of choice for project operators, financiers, technology providers and government, and has emerged as the official place to sign deals in African energy. Visit www.AECWeek.com for more information about this exciting event.
Distributed by APO Group on behalf of African Energy Chamber
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Afreximbank commissions first-of-its-kind African Trade Centre in Abuja, Nigeria – marking a new era for Intra-African trade
Published
4 days agoon
April 11, 2025
With the opening of the Abuja AATC, Afreximbank continues its mission to promote intra-African trade and investment opportunities, laying the groundwork for a more prosperous and integrated African economy
During the grand commissioning ceremony, speakers, including Hon. Dr. George Akume, Secretary to the Government of Federation, Nigeria representing H. E. Bola Ahmed Tinubu GCFR, President and Commander-in-Chief of the Armed Forces, The Federal Republic of Nigeria, highlighted the AATC’s strategic importance, its pivotal role in shaping Africa’s economic future and the significant impact it is poised to make on Africa’s trade and investment landscape.
Speaking at the Ceremony, Dr. Akume stated, “Afreximbank African Trade Centre (AATC) is a landmark project that embodies our shared commitment to advancing Intra-African Trade, fostering economic integration and unlocking a vast potential of our continent. This occasion is a realisation of a bold vision for Africa’s economic future. AATC stands as a testament to the power of collaboration, resilience and forward-thinking leadership. It is more than a physical structure; it is the beginning of innovation, a hub for entrepreneurship and a catalyst for sustainable development.
He added, “This centre will serve as a critical platform for trade facilitation, capacity building and investment promotion – key pillars of Africa’s economic transformation. Afreximbank’s role in shaping Africa’s trade landscape cannot be overstated because the institution has consistently demonstrated its commitment to breaking down barriers, bridging financing gaps and empowering African businesses to be competitive. All these have been accomplished through flagship projects such as the AfCFTA adjustment fund that is managed by Afreximbank’s subsidiary, Fund for Export Development in Africa (FEDA), PAPSS and other Trade Finance Programmes. The AATC located in Abuja represents yet another milestone in this journey and this aligns perfectly with Nigeria’s strategic priorities under the Federal Government’s eight-point agenda, particularly in the areas of job creation, economic diversification, and regional integration. As we commission this remarkable edifice today, let us renew our resolve to be the stronger, more interconnected and prosperous Africa.”
Prof. Benedict Oramah, President and Chairman of the Board of Directors of Afreximbank, echoed this sentiment, remarking, “The Abuja AATC is the first of several AATCs being developed across Africa and the Caribbean. Some would be Afreximbank owned while others would be supported through a franchise-scheme. With these, we expect to create a sizeable network of AATCs that will act as the lighthouses to guide the interconnections and flow of trade and investments within continental Africa and between Africa and Caribbean regions. This AATC Abuja has been a 41-month journey, one built on hope and determination. Like the other AATCs, the Abuja AATC would serve a multi-purpose goal; it will serve as a platform for fostering deeper regional and continental integration and house Afreximbank’s permanent regional office, bringing a three-decade-old aspiration to fruition. This AATC will also offer a technology incubation hub, an SME incubation facility, a Digital Africa Trade Gateway, a conference and exhibition facility and a business hotel.”
Prof. Orama thanked the Federal Government of Nigeria for its support noting that the relationship between the Bank and Nigeria has been truly mutually beneficial and most cordial. “Over the last three decades, successive governments have accorded unflinching support to Afreximbank, responding most positively to capital calls, creating a congenial environment for its smooth operations while providing the Bank significant domestic policy support that helped to execute many of the development programmes in Nigeria.” He said.
This centre will serve as a critical platform for trade facilitation, capacity building and investment promotion – key pillars of Africa’s economic transformation
With the opening of the Abuja AATC, Afreximbank continues its mission to promote intra-African trade and investment opportunities, laying the groundwork for a more prosperous and integrated African economy.
Over 500 distinguished guests attended the commissioning ceremony, notably, Hon. William F. Duguid, J.P. Senior Minister, Prime Minister’s Office, Republic of Barbados, Hon. Sylvester Grisby, Minister of State for Presidential Affairs, Liberia, Hon. Adebayo Olawale Edun, Minister of Finance and Coordinating Minister of the Economy, Nigeria and his counterpart, Hon. Dr. Jumoke Oduwole MFR, Minister of Trade and Investment, Federal Ministry of Trade and Investment, Nigeria as well as Nigeria’s former Vice President Hon. Namadi Sambo. Hon. Bockaire Kalokoh, Deputy Minister of Finance of Sierra Leone and Hon. Sheilla Chikomo, Deputy Minister Foreign Affairs and International Trade, Zimbabwe represented their respective countries. The event was also well attended by business leaders led by billionaire entrepreneur Mr. Aliko Dangote, Founder and Chief Executive of the Dangote Group, Mr Tony Elumelu, Chairman of Transcorp Group, policymakers, pan-African CEOs, and entrepreneurs.
Their presence showcased a shared vision and determination to enhance trade across Africa, as they pledged to work together to leverage the AATC for the continent’s economic transformation.
The Abuja AATC comprises two interconnected nine-storey towers. One tower features world-class commercial A-grade office spaces, a trade and exhibition centre, a conference centre, a technology and SME incubator, a Digital Trade Gateway and a trade information services hub. The adjoining tower boasts a 148-room business hotel, seminar and meeting rooms, a wellness centre, a restaurant and other ancillary facilities. These features are designed to provide a comprehensive ecosystem for trade and business activities, catering to the diverse needs of African businesses. It will also host office spaces for local and international financial institutions and policy organisations, ensuring a complete support system for trade and business activities.
The AATC building is expected to achieve gold – and potentially platinum – Leadership in Energy and Environmental Design (LEED) certification by the United States Green Building Council (USGBC), a globally recognised standard for sustainable building design and construction. This certification will make the Abuja AATC one of the few certified buildings in Nigeria and West Africa, underscoring its commitment to environmental sustainability.
The global architect Messrs SVA International developed a multifaceted global design, drawing inspiration from the concept of a bazaar, which reflects the vibrant feature of daily life in many African cities. Construction of the USD120 million project commenced in November 2021 on a prime piece of land measuring 5,856 square meters and achieved completion in 41 months.
The Abuja Afreximbank African Trade Centre (Abuja AATC) is the first of seven planned AATCs across Africa, including Kampala, Uganda, Harare, Zimbabwe, Cairo, Egypt, Yaoundé, Cameroon, Tunis, Tunisia, and Kigali, Rwanda. In addition, Afreximbank recently broke ground in Bridgetown, Barbados, to construct the first AATC outside of Africa. Through franchising and licensing arrangements, the Bank intends to partner with relevant institutions and economic development organizations to establish non-Bank owned ATCs in the rest of Global Africa. These AATCs will serve to link buyers, sellers, suppliers, service providers, enterprises, governments, chambers of commerce, financial institutions, economic development organisations and the general African and global trade and investment community.
Distributed by APO Group on behalf of Afreximbank.
Business
United Arab Emirates (UAE) Drives Strategic Push into Africa’s Oil & Gas Industry
Published
4 days agoon
April 11, 2025
The UAE’s recent investments in Mozambique and Egypt highlight its expanding role in Africa’s energy sector, positioning it as the continent’s largest investor and a key partner in driving future growth
XRG Expands into Mozambique, Egypt
XRG’s acquisition of a 10% interest in the Area 4 concession in Mozambique’s offshore Rovuma Basin signifies more than just an expansion for the company – it reflects a broader geopolitical and economic vision that aligns with the UAE’s strategic interests. The basin is one of the world’s most significant natural gas reserves, with the potential to shape global LNG markets in the coming decades, driven by integrated gas developments with a production capacity exceeding 25 MTPA. The acquisition includes stakes in the operational Coral South FLNG and the planned Coral North FLNG and Rovuma LNG projects. XRG’s decision to invest in the region underscores its understanding of the growing demand for energy resources and the importance of securing diverse sources to ensure energy security.
In December 2024, XRG partnered with bp to establish a new regional gas platform and joint venture, Arcius Energy, focused on the development of gas assets in Egypt. The company aims to build a world-scale integrated gas and chemicals portfolio to meet rising global demand, leveraging Africa’s gas-rich hotspots to achieve this. Through these investments, the UAE is positioning itself as a leading partner in Africa’s energy future, which will likely continue to strengthen its economic and diplomatic ties with the continent.
UAE Becomes Africa’s Largest Investor
The UAE’s push into Africa’s oil and gas sector is part of a broader trend that has seen it emerge as Africa’s largest investor, surpassing even China. As reported by the Middle East Monitor, the UAE has overtaken China as the continent’s biggest source of foreign direct investment, with investments from Emirati companies totaling $110 billion between 2019 and 2023. This shift marks a significant milestone in the UAE’s strategy to diversify its investment portfolio and expand its influence across Africa, a continent rich in untapped potential and actively seeking foreign capital to drive its growth and development.
With investments spanning key sectors like infrastructure, energy and technology, the UAE has strategically positioned itself as an economic partner of choice for African nations. These investments include green hydrogen projects in Mauritania; Masdar’s $2-billion commitment to renewable energy in Africa through 2030; and the expansion of major players like Dubai’s DP World – which operates six African ports – and Abu Dhabi Ports, which has extended its presence into Guinea, Egypt and Angola. The UAE’s growing investment in Africa’s oil and gas industry aligns with the country’s broader goals of securing reliable energy supplies, diversifying its own energy portfolio and fostering long-term economic partnerships with African nations.
AEW 2025: A Platform for Gulf Investors
The UAE’s accelerated investments in Africa’s energy sector will take center stage at the upcoming African Energy Week (AEW): Invest in African Energies 2025 in Cape Town. The conference will provide a platform for Emirati and Gulf investors to engage with key stakeholders, discuss strategies for expanding in Africa and explore new opportunities within the continent’s rapidly evolving energy sector. With a focus on oil, gas and clean energy, AEW 2025 will be a critical gathering for investors like XRG to showcase their projects, forge partnerships and deepen their involvement in Africa’s energy development.
AEW 2025 will also serve as a venue for African energy leaders to discuss the vital role of private investment in unlocking the continent’s energy potential. As a leading investor, the UAE’s growing influence in Africa’s oil and gas sector will be highlighted at the event, reinforcing its position as a key partner in driving investment, innovation and collaboration.
Distributed by APO Group on behalf of African Energy Chamber
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