August 7th 2024.
A new collaboration has been established with the goal of bringing Black Americans back to their ancestral homeland in Africa. The partnership between Smith Choates Holdings, LLC and Urban Icon International will result in the construction of state-of-the-art sports arenas and hotels in multiple African cities. Both companies share a strong commitment to advancing technology, engaging with communities, and promoting economic growth.
Darrell Choates Sr., the principal and CEO of Smith Choates Holdings, explained the vision behind the project during a conversation with BLACK ENTERPRISE. He credited his business partner, Charles Choates, for developing the idea of combining sports and NBA together with luxury hotels. The ultimate goal is to invest back into Africa, the homeland of Black Americans, and other surrounding areas. This U.S.-based organization is excited to take on such a significant project and is also exploring other opportunities such as affordable housing and sustainable energy solutions.
With a budget of $812 million, the project includes the construction of six modern multi-sports arenas and luxury hotels in Tanzania, Kenya, Mozambique, Uganda, and Cape Verde. The Choates Family of Companies released a statement emphasizing the impact these facilities will have on the sports landscape, local economies, and tourism. Each arena will incorporate cutting-edge technology and sustainable practices, setting new standards for infrastructure development.
Elton Moodley, who is overseeing the developments in Zanzibar, expressed his belief that Africa is home for Black Americans. He welcomed them back and assured them that the partnership will continue to thrive. He also predicted that in the next few years, the best basketball players in the world will come from Africa.
This partnership is not the first of its kind. In 2018, the NBA Academy Africa, a prestigious basketball training center in Senegal, was established through a collaboration between the NBA and SEED Project. The commitment to integrating American sports culture in Africa continues with this new project led by the Black-owned construction company, which also includes the Choates Family of Companies, Urban Icon International, Black Pearl Investments, and Prosper Africa.
The partnership also has a goal of building over 10,000 affordable housing units in Africa. These projects will incorporate advanced energy and technology solutions to ensure sustainability and accessibility for communities while reducing costs and environmental impact. The project is currently underway and is expected to be completed within the next five years. This is just one of the many initiatives aimed at strengthening the bond between Black Americans and their ancestral homeland in Africa.
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