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Wednesday, July 17, 2024

Two Newly Merged Black-Owned Construction Companies to Build Six Hotels Across Africa

Development Partnership Between Maniish Thakrar and Elton Moodley to Revolutionize Sports and Entertainment Venues Across Africa

Charles D. Smith and Darrell Choates, Jr

Nationwide — Smith Choates Holdings, LLC, in collaboration with Urban Icon International, is thrilled to announce a groundbreaking partnership aimed at developing state-of-the-art sports arenas and hotels across several key African cities. The official announcement was made in Philadelphia on May 20th. The decision to merge aligns with both companies’ commitment to advancing technology and infrastructure while fostering community engagement and economic growth.

This multi-million dollar project plans to provide world-class sports and entertainment options as well as serve as a hub for economic development and cultural exchange.

Smith Choates Holdings is renowned for its innovation in creating adaptable, safe, and technologically advanced environments that enhance urban living. As a certified minority-owned company, it brings a unique perspective to development projects, ensuring inclusivity and broad benefit.

With a legacy of understanding and integrating the needs of diverse cultures, Urban Icon International specializes in creating iconic community landmarks that promote sustainability, cultural respect, and economic prosperity.

Merger Highlights

Total Project Budget $812 Million:

1. Zanzibar, Tanzania: A cutting-edge digital sports arena and hotel with an estimated project budget of $180 million.

2. Nairobi, Kenya: A similar facility with state-of-the-art amenities, projected at $150 million.

3. Mombasa, Kenya: This project involves the creation of a digital smart sports arena and hotel, with funding of $120 million.

4. Maputo, Mozambique: A digital smart sports arena and hotel with a budget of $108 million.

5. Kampala, Uganda: A sports arena and hotel designed for digital innovation, with a budget allocation of $134 million.

6. Cape Verde: President Jorge Carlos Fonseca sports area and hotel with a budget allocation of $120 million.

Learn more about Smith Choates Holdings, LLC at ChoatesCompaniesLLC.com

For press inquiries, contact 856-667-2460 or send an email to choatesllc@choatescompaniesllc.com