Gaborone, Botswana – February 2025 – Zotus Group, a British multinational, has signed a Memorandum of Understanding (MOU) with the Government of Botswana to develop Zotus City, a special economic zone designed to transform the country’s economy. The agreement follows a high-level meeting between Davison Simango, CEO of Zotus Group, and Mr President Advocate Duma Boko the President of Botswana at the World Economic Forum in Davos 2025. In a strong show of support, England football legend and Zotus Group Ambassador, Emile Heskey, accompanied the Group to Botswana to formalize the agreement.
The 90-square-kilometer city, modelled after Dubai’s economic success, will be a world-class investment hub aimed at diversifying Botswana’s economy, currently reliant on diamonds exports.
With this multi-billion dollar project, the city will serve as a centre for trade, tourism, technology, and green energy, creating between 20,000-300,000 jobs for locals.
Key Features of Zotus City:
- Special Economic Zone: Anchored by the world’s newest tallest building, the project will create a business-friendly environment with incentives to attract global investors and multinational corporations.
- Sustainable Energy Infrastructure: A solar power plant generating clean energy to power the city and provide additional electricity to meet the country’s annual power needs.
- Water Security: A dedicated pipeline to ensure sustainable water supply for residents and businesses within the development.
- Job Creation: Direct employment opportunities for 20,000-300,000 Batswana, with additional benefits to small businesses and supply chains.
- Tourism Boost: Luxury hotels, entertainment hubs, and cultural attractions to position Botswana as a leading African tourism and business destination. An estimated 5 million tourists are expected in the first few years of operation, significantly boosting Botswana’s tourism sector.
- Airline Expansion: A dedicated airline to facilitate greater travel to the city, ensuring connectivity for both business and leisure visitors.
- Technological & Financial Hub: A modern financial district with opportunities for fintech, digital economy, and innovation.
Advantages of Zotus City for Botswana:
- Economic Diversification: Reduces reliance on diamond exports and strengthens Botswana’s position in global trade.
- Foreign Direct Investment (FDI): Attracts multinational companies, fostering business expansion and economic growth.
- Renewable Energy Leadership: Establishes Botswana as a leader in clean energy development in Africa.
- Tourism Growth: Enhances the country’s appeal as a high-end tourist destination, leveraging its world-famous Kalahari
- Infrastructure Development: Modern roads, airports, and commercial spaces to enhance connectivity and mobility.
- Skills Development & Education: Creates opportunities for vocational training, entrepreneurship, and higher education.
- Regional Influence: Positions Botswana as a hub for trade and investment in Southern Africa.
With its strategic vision and strong financial backing, Zotus City is set to be a game-changer for Botswana’s economic future and a benchmark for smart city development across Africa.
