{"id":118034,"date":"2026-06-08T00:00:00","date_gmt":"2026-06-08T00:00:00","guid":{"rendered":"https:\/\/enterpriseam.com\/uae\/?p=118034"},"modified":"2026-06-08T02:49:56","modified_gmt":"2026-06-08T02:49:56","slug":"the-uaes-albaddad-and-botswana-team-up-on-usd-1-9-bn-urban-build","status":"publish","type":"post","link":"https:\/\/enterpriseam.com\/uae\/2026\/06\/08\/the-uaes-albaddad-and-botswana-team-up-on-usd-1-9-bn-urban-build\/","title":{"rendered":"The UAE\u2019s Albaddad and Botswana team up on USD 1.9 bn urban build"},"content":{"rendered":"

Botswana is th<\/strong>e UAE\u2019s latest investment destination in Africa. <\/strong>Dubai-based construction solutions firm Albaddad is planning to build a USD 1.9 bn urban project in Botswana, Bloomberg<\/a> quoted state-owned Botswana Development Corp (BDC) as saying.<\/p>\n

The project is set to become one of the biggest foreign direct investment (FDI) projects in Botswana<\/strong> \u2014 with Albaddad providing all the capital for the project, BDC\u2019s managing director Oteng Keabetswe said<\/a>. BDC is providing the land for the build, and will have a 5% holding for now, which it hopes to increase to 26% over time, Keabetswe added.<\/p>\n

The details: <\/strong>The 124k sqm multi-use New Botswana City development will be made up of a trade and exhibition center, office spaces, as well as retail facilities, and residential developments, and five hotels. Work on the Botswana World Trade Center is already underway, Botswana\u2019s President Duma Boko said<\/a>.<\/p>\n

Behind the move:<\/strong> Botswana is looking \u201cto use other people\u2019s capital to advance [its] growth mandate [\u2026] as our current capital is drying [up],\u201d Keabetswe said<\/a>. He flagged that his country was \u201ca safe haven\u201d for foreign investors, and that it \u201cprovides the security [and] no exchange controls [...] that are important to global capital.\u201d<\/p>\n

IN CONTEXT- <\/strong>While the UAE doesn\u2019t currently have a significant footprint in Botswana, it is active elsewhere in Africa, primarily in the mining and logistics sectors, and is now the biggest state investor in Africa. Emirates-based players have footholds in the mining sector in Ethiopia, Mali<\/a>, Ghana<\/a>, and Zambia<\/a>, while state-backed logistics players including DP World and AD Ports are active in the DRC<\/a>, Cameroon<\/a>, the Republic of the Congo<\/a>, among other countries, as the UAE looks to lock in access to critical minerals as well as the supply chain links to move them.<\/p>\n

ALSO- <\/strong>The Emirates is similarly active in the urban development sector abroad. Emaar founder Mohamed Alabbar recently announced plans<\/a> to invest USD 10-11 bn in real estate developments in and around Damascus, with his international development-focused firm, Eagle Hills, weighing up some USD 50 bn in developments<\/a> in Syria. Other Emirati overseas development plays include the USD 35 bn Ras El Hekma project<\/a> in Egypt, and the AED 12 bn project<\/a> in London\u2019s Thameside West development.<\/p>\n","protected":false},"excerpt":{"rendered":"

The project marks the one of the largest FDI investments in Botswana<\/p>\n","protected":false},"author":1,"featured_media":118035,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"newspack_ads_suppress_ads":false,"newspack_popups_has_disabled_popups":false,"newspack_sponsor_sponsorship_scope":"","newspack_sponsor_native_byline_display":"inherit","newspack_sponsor_native_category_display":"inherit","newspack_sponsor_underwriter_style":"inherit","newspack_sponsor_underwriter_placement":"inherit","ep_exclude_from_search":false,"_primary_brand":0,"newspack_featured_image_position":"","newspack_post_subtitle":"","newspack_article_summary_title":"Overview:","newspack_article_summary":"","newspack_hide_updated_date":false,"newspack_show_updated_date":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[2414],"tags":[7,1342,2413],"brand":[],"newspack_spnsrs_tax":[],"class_list":["post-118034","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-the-big-story-today","tag-enterpriseam-uae","tag-investment","tag-the-big-story-today","wpautop","entry"],"acf":{"mongo_id":"e224014d-5053-4972-9fe9-d81e21c30d6c","order":"3","is_powered_by":false,"story_type":"1","photo_url":"https:\/\/ent.news\/2026\/6\/432.jpg","photo_position":"above","homepage_title":"","full_issue_title":"The UAE looks to Botswana","related_issue":[118029],"teaser":"The project marks the one of the largest FDI investments in Botswana"},"yoast_head":"\nThe UAE\u2019s Albaddad and Botswana team up on USD 1.9 bn urban build - UAE<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/enterpriseam.com\/uae\/2026\/06\/08\/the-uaes-albaddad-and-botswana-team-up-on-usd-1-9-bn-urban-build\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"The UAE\u2019s Albaddad and Botswana team up on USD 1.9 bn urban build\" \/>\n<meta property=\"og:description\" content=\"The project marks the one of the largest FDI investments in Botswana\" \/>\n<meta property=\"og:url\" content=\"https:\/\/enterpriseam.com\/uae\/2026\/06\/08\/the-uaes-albaddad-and-botswana-team-up-on-usd-1-9-bn-urban-build\/\" \/>\n<meta property=\"og:site_name\" content=\"UAE\" \/>\n<meta property=\"article:published_time\" content=\"2026-06-08T00:00:00+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2026-06-08T02:49:56+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/i0.wp.com\/ent.news\/2026\/6\/432.jpg?fit=%2C&ssl=1\" \/>\n<meta name=\"author\" content=\"enterpriseam admin\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"enterpriseam admin\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"2 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\/\/enterpriseam.com\/uae\/2026\/06\/08\/the-uaes-albaddad-and-botswana-team-up-on-usd-1-9-bn-urban-build\/#article\",\"isPartOf\":{\"@id\":\"https:\/\/enterpriseam.com\/uae\/2026\/06\/08\/the-uaes-albaddad-and-botswana-team-up-on-usd-1-9-bn-urban-build\/\"},\"author\":{\"name\":\"enterpriseam admin\",\"@id\":\"https:\/\/enterpriseam.com\/uae\/#\/schema\/person\/ca597032db7e4db868359c123cec256d\"},\"headline\":\"The UAE\u2019s Albaddad and Botswana team up on USD 1.9 bn urban build\",\"datePublished\":\"2026-06-08T00:00:00+00:00\",\"dateModified\":\"2026-06-08T02:49:56+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/enterpriseam.com\/uae\/2026\/06\/08\/the-uaes-albaddad-and-botswana-team-up-on-usd-1-9-bn-urban-build\/\"},\"wordCount\":379,\"publisher\":{\"@id\":\"https:\/\/enterpriseam.com\/uae\/#organization\"},\"image\":{\"@id\":\"https:\/\/enterpriseam.com\/uae\/2026\/06\/08\/the-uaes-albaddad-and-botswana-team-up-on-usd-1-9-bn-urban-build\/#primaryimage\"},\"thumbnailUrl\":\"https:\/\/i0.wp.com\/ent.news\/2026\/6\/432.jpg?fit=%2C&ssl=1\",\"keywords\":[\"EnterpriseAM UAE\",\"investment\",\"THE BIG STORY TODAY\"],\"articleSection\":[\"THE BIG STORY TODAY\"],\"inLanguage\":\"en-US\"},{\"@type\":\"WebPage\",\"@id\":\"https:\/\/enterpriseam.com\/uae\/2026\/06\/08\/the-uaes-albaddad-and-botswana-team-up-on-usd-1-9-bn-urban-build\/\",\"url\":\"https:\/\/enterpriseam.com\/uae\/2026\/06\/08\/the-uaes-albaddad-and-botswana-team-up-on-usd-1-9-bn-urban-build\/\",\"name\":\"The UAE\u2019s Albaddad and Botswana team up on USD 1.9 bn urban build - UAE\",\"isPartOf\":{\"@id\":\"https:\/\/enterpriseam.com\/uae\/#website\"},\"primaryImageOfPage\":{\"@id\":\"https:\/\/enterpriseam.com\/uae\/2026\/06\/08\/the-uaes-albaddad-and-botswana-team-up-on-usd-1-9-bn-urban-build\/#primaryimage\"},\"image\":{\"@id\":\"https:\/\/enterpriseam.com\/uae\/2026\/06\/08\/the-uaes-albaddad-and-botswana-team-up-on-usd-1-9-bn-urban-build\/#primaryimage\"},\"thumbnailUrl\":\"https:\/\/i0.wp.com\/ent.news\/2026\/6\/432.jpg?fit=%2C&ssl=1\",\"datePublished\":\"2026-06-08T00:00:00+00:00\",\"dateModified\":\"2026-06-08T02:49:56+00:00\",\"breadcrumb\":{\"@id\":\"https:\/\/enterpriseam.com\/uae\/2026\/06\/08\/the-uaes-albaddad-and-botswana-team-up-on-usd-1-9-bn-urban-build\/#breadcrumb\"},\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\/\/enterpriseam.com\/uae\/2026\/06\/08\/the-uaes-albaddad-and-botswana-team-up-on-usd-1-9-bn-urban-build\/\"]}]},{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/enterpriseam.com\/uae\/2026\/06\/08\/the-uaes-albaddad-and-botswana-team-up-on-usd-1-9-bn-urban-build\/#primaryimage\",\"url\":\"https:\/\/i0.wp.com\/ent.news\/2026\/6\/432.jpg?fit=%2C&ssl=1\",\"contentUrl\":\"https:\/\/i0.wp.com\/ent.news\/2026\/6\/432.jpg?fit=%2C&ssl=1\"},{\"@type\":\"BreadcrumbList\",\"@id\":\"https:\/\/enterpriseam.com\/uae\/2026\/06\/08\/the-uaes-albaddad-and-botswana-team-up-on-usd-1-9-bn-urban-build\/#breadcrumb\",\"itemListElement\":[{\"@type\":\"ListItem\",\"position\":1,\"name\":\"Home\",\"item\":\"https:\/\/enterpriseam.com\/uae\/\"},{\"@type\":\"ListItem\",\"position\":2,\"name\":\"The UAE\u2019s Albaddad and Botswana team up on USD 1.9 bn urban build\"}]},{\"@type\":\"WebSite\",\"@id\":\"https:\/\/enterpriseam.com\/uae\/#website\",\"url\":\"https:\/\/enterpriseam.com\/uae\/\",\"name\":\"UAE\",\"description\":\"The State of the Nation\",\"publisher\":{\"@id\":\"https:\/\/enterpriseam.com\/uae\/#organization\"},\"potentialAction\":[{\"@type\":\"SearchAction\",\"target\":{\"@type\":\"EntryPoint\",\"urlTemplate\":\"https:\/\/enterpriseam.com\/uae\/?s={search_term_string}\"},\"query-input\":{\"@type\":\"PropertyValueSpecification\",\"valueRequired\":true,\"valueName\":\"search_term_string\"}}],\"inLanguage\":\"en-US\"},{\"@type\":\"Organization\",\"@id\":\"https:\/\/enterpriseam.com\/uae\/#organization\",\"name\":\"UAE\",\"url\":\"https:\/\/enterpriseam.com\/uae\/\",\"logo\":{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/enterpriseam.com\/uae\/#\/schema\/logo\/image\/\",\"url\":\"https:\/\/ent.news\/internal\/42998.svg\",\"contentUrl\":\"https:\/\/ent.news\/internal\/42998.svg\",\"caption\":\"UAE\"},\"image\":{\"@id\":\"https:\/\/enterpriseam.com\/uae\/#\/schema\/logo\/image\/\"}},{\"@type\":\"Person\",\"@id\":\"https:\/\/enterpriseam.com\/uae\/#\/schema\/person\/ca597032db7e4db868359c123cec256d\",\"name\":\"enterpriseam admin\",\"sameAs\":[\"http:\/\/enterpriseam.testing.projectsarea.com\"],\"url\":\"https:\/\/enterpriseam.com\/uae\/author\/enterpriseam\/\"}]}<\/script>\n<!-- \/ Yoast SEO Premium plugin. -->","yoast_head_json":{"title":"The UAE\u2019s Albaddad and Botswana team up on USD 1.9 bn urban build - UAE","robots":{"index":"index","follow":"follow","max-snippet":"max-snippet:-1","max-image-preview":"max-image-preview:large","max-video-preview":"max-video-preview:-1"},"canonical":"https:\/\/enterpriseam.com\/uae\/2026\/06\/08\/the-uaes-albaddad-and-botswana-team-up-on-usd-1-9-bn-urban-build\/","og_locale":"en_US","og_type":"article","og_title":"The UAE\u2019s Albaddad and Botswana team up on USD 1.9 bn urban build","og_description":"The project marks the one of the largest FDI investments in Botswana","og_url":"https:\/\/enterpriseam.com\/uae\/2026\/06\/08\/the-uaes-albaddad-and-botswana-team-up-on-usd-1-9-bn-urban-build\/","og_site_name":"UAE","article_published_time":"2026-06-08T00:00:00+00:00","article_modified_time":"2026-06-08T02:49:56+00:00","og_image":[{"url":"https:\/\/i0.wp.com\/ent.news\/2026\/6\/432.jpg?fit=%2C&ssl=1","type":"","width":"","height":""}],"author":"enterpriseam admin","twitter_card":"summary_large_image","twitter_misc":{"Written by":"enterpriseam admin","Est. reading time":"2 minutes"},"schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"Article","@id":"https:\/\/enterpriseam.com\/uae\/2026\/06\/08\/the-uaes-albaddad-and-botswana-team-up-on-usd-1-9-bn-urban-build\/#article","isPartOf":{"@id":"https:\/\/enterpriseam.com\/uae\/2026\/06\/08\/the-uaes-albaddad-and-botswana-team-up-on-usd-1-9-bn-urban-build\/"},"author":{"name":"enterpriseam admin","@id":"https:\/\/enterpriseam.com\/uae\/#\/schema\/person\/ca597032db7e4db868359c123cec256d"},"headline":"The UAE\u2019s Albaddad and Botswana team up on USD 1.9 bn urban build","datePublished":"2026-06-08T00:00:00+00:00","dateModified":"2026-06-08T02:49:56+00:00","mainEntityOfPage":{"@id":"https:\/\/enterpriseam.com\/uae\/2026\/06\/08\/the-uaes-albaddad-and-botswana-team-up-on-usd-1-9-bn-urban-build\/"},"wordCount":379,"publisher":{"@id":"https:\/\/enterpriseam.com\/uae\/#organization"},"image":{"@id":"https:\/\/enterpriseam.com\/uae\/2026\/06\/08\/the-uaes-albaddad-and-botswana-team-up-on-usd-1-9-bn-urban-build\/#primaryimage"},"thumbnailUrl":"https:\/\/i0.wp.com\/ent.news\/2026\/6\/432.jpg?fit=%2C&ssl=1","keywords":["EnterpriseAM UAE","investment","THE BIG STORY TODAY"],"articleSection":["THE BIG STORY TODAY"],"inLanguage":"en-US"},{"@type":"WebPage","@id":"https:\/\/enterpriseam.com\/uae\/2026\/06\/08\/the-uaes-albaddad-and-botswana-team-up-on-usd-1-9-bn-urban-build\/","url":"https:\/\/enterpriseam.com\/uae\/2026\/06\/08\/the-uaes-albaddad-and-botswana-team-up-on-usd-1-9-bn-urban-build\/","name":"The UAE\u2019s Albaddad and Botswana team up on USD 1.9 bn urban build - UAE","isPartOf":{"@id":"https:\/\/enterpriseam.com\/uae\/#website"},"primaryImageOfPage":{"@id":"https:\/\/enterpriseam.com\/uae\/2026\/06\/08\/the-uaes-albaddad-and-botswana-team-up-on-usd-1-9-bn-urban-build\/#primaryimage"},"image":{"@id":"https:\/\/enterpriseam.com\/uae\/2026\/06\/08\/the-uaes-albaddad-and-botswana-team-up-on-usd-1-9-bn-urban-build\/#primaryimage"},"thumbnailUrl":"https:\/\/i0.wp.com\/ent.news\/2026\/6\/432.jpg?fit=%2C&ssl=1","datePublished":"2026-06-08T00:00:00+00:00","dateModified":"2026-06-08T02:49:56+00:00","breadcrumb":{"@id":"https:\/\/enterpriseam.com\/uae\/2026\/06\/08\/the-uaes-albaddad-and-botswana-team-up-on-usd-1-9-bn-urban-build\/#breadcrumb"},"inLanguage":"en-US","potentialAction":[{"@type":"ReadAction","target":["https:\/\/enterpriseam.com\/uae\/2026\/06\/08\/the-uaes-albaddad-and-botswana-team-up-on-usd-1-9-bn-urban-build\/"]}]},{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/enterpriseam.com\/uae\/2026\/06\/08\/the-uaes-albaddad-and-botswana-team-up-on-usd-1-9-bn-urban-build\/#primaryimage","url":"https:\/\/i0.wp.com\/ent.news\/2026\/6\/432.jpg?fit=%2C&ssl=1","contentUrl":"https:\/\/i0.wp.com\/ent.news\/2026\/6\/432.jpg?fit=%2C&ssl=1"},{"@type":"BreadcrumbList","@id":"https:\/\/enterpriseam.com\/uae\/2026\/06\/08\/the-uaes-albaddad-and-botswana-team-up-on-usd-1-9-bn-urban-build\/#breadcrumb","itemListElement":[{"@type":"ListItem","position":1,"name":"Home","item":"https:\/\/enterpriseam.com\/uae\/"},{"@type":"ListItem","position":2,"name":"The UAE\u2019s Albaddad and Botswana team up on USD 1.9 bn urban build"}]},{"@type":"WebSite","@id":"https:\/\/enterpriseam.com\/uae\/#website","url":"https:\/\/enterpriseam.com\/uae\/","name":"UAE","description":"The State of the Nation","publisher":{"@id":"https:\/\/enterpriseam.com\/uae\/#organization"},"potentialAction":[{"@type":"SearchAction","target":{"@type":"EntryPoint","urlTemplate":"https:\/\/enterpriseam.com\/uae\/?s={search_term_string}"},"query-input":{"@type":"PropertyValueSpecification","valueRequired":true,"valueName":"search_term_string"}}],"inLanguage":"en-US"},{"@type":"Organization","@id":"https:\/\/enterpriseam.com\/uae\/#organization","name":"UAE","url":"https:\/\/enterpriseam.com\/uae\/","logo":{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/enterpriseam.com\/uae\/#\/schema\/logo\/image\/","url":"https:\/\/ent.news\/internal\/42998.svg","contentUrl":"https:\/\/ent.news\/internal\/42998.svg","caption":"UAE"},"image":{"@id":"https:\/\/enterpriseam.com\/uae\/#\/schema\/logo\/image\/"}},{"@type":"Person","@id":"https:\/\/enterpriseam.com\/uae\/#\/schema\/person\/ca597032db7e4db868359c123cec256d","name":"enterpriseam admin","sameAs":["http:\/\/enterpriseam.testing.projectsarea.com"],"url":"https:\/\/enterpriseam.com\/uae\/author\/enterpriseam\/"}]}},"featured_image_src":"https:\/\/i0.wp.com\/ent.news\/2026\/6\/432.jpg?resize=600%2C400&ssl=1","featured_image_src_square":"https:\/\/i0.wp.com\/ent.news\/2026\/6\/432.jpg?resize=600%2C600&ssl=1","author_info":{"display_name":"enterpriseam admin","author_link":"https:\/\/enterpriseam.com\/uae\/author\/enterpriseam\/"},"jetpack_featured_media_url":"https:\/\/i0.wp.com\/ent.news\/2026\/6\/432.jpg?fit=%2C&ssl=1","jetpack_sharing_enabled":true,"jetpack-related-posts":[],"_links":{"self":[{"href":"https:\/\/enterpriseam.com\/uae\/wp-json\/wp\/v2\/posts\/118034","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/enterpriseam.com\/uae\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/enterpriseam.com\/uae\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/enterpriseam.com\/uae\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/enterpriseam.com\/uae\/wp-json\/wp\/v2\/comments?post=118034"}],"version-history":[{"count":1,"href":"https:\/\/enterpriseam.com\/uae\/wp-json\/wp\/v2\/posts\/118034\/revisions"}],"predecessor-version":[{"id":118072,"href":"https:\/\/enterpriseam.com\/uae\/wp-json\/wp\/v2\/posts\/118034\/revisions\/118072"}],"acf:post":[{"embeddable":true,"href":"https:\/\/enterpriseam.com\/uae\/wp-json\/wp\/v2\/issue\/118029"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/enterpriseam.com\/uae\/wp-json\/wp\/v2\/media\/118035"}],"wp:attachment":[{"href":"https:\/\/enterpriseam.com\/uae\/wp-json\/wp\/v2\/media?parent=118034"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/enterpriseam.com\/uae\/wp-json\/wp\/v2\/categories?post=118034"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/enterpriseam.com\/uae\/wp-json\/wp\/v2\/tags?post=118034"},{"taxonomy":"brand","embeddable":true,"href":"https:\/\/enterpriseam.com\/uae\/wp-json\/wp\/v2\/brand?post=118034"},{"taxonomy":"newspack_spnsrs_tax","embeddable":true,"href":"https:\/\/enterpriseam.com\/uae\/wp-json\/wp\/v2\/newspack_spnsrs_tax?post=118034"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}