Published
4 years agoon
By
Joe Pee
Amazon, an American multinational technology which focuses on e-commerce, cloud computing, digital streaming and artificial intelligence, has announced that it will be opening its African headquarters in South Africa with a real estate investment of over $279 million (R4 billion).
The 15-hectare parcel of land is located at a new development in River Club, a prime section of the Cape Town and it includes two precincts. The first precinct of 60,000sqm will occupy different layers of development; while the second section of 70,000 will hold Amazon headquarters in Africa.
Business Tech reported that over 5,000 direct construction jobs and 19,000 indirect jobs are expected to be created due to the move.
Cape Town city officials said in a statement;
“US retail giant, Amazon, will be the anchor tenant, opening a base of operations on the African continent.
“The development is envisaged to take place in phases, with construction set to take place over three to five years.”
Amazon has had its web engineering giant AWS in South Africa for years, but its main e-commerce services have not been available anywhere on the continent.
It is however unclear if Nigeria came up as a choice spot while the consideration was being made.
Video: Nana Tonardo Sprays Cash on Nana Agradaa During Church Visit
Juliet Ibrahim Champions Gender Equality with HER STEAM Initiative
Video: Funny Face Flees After Learning Lady Shares Name with His Ex
Video: Lisa Quama Revives Ghana’s Independence Spirit with Stirring Nkrumah Reenactment
Tiwa Savage Eyes Mogul Status with Bold Plans for Music and Film Industry Expansion
The 28th February Crossroads Shooting: The Spark That Ignited Ghana’s Independence
Mahama Vows to Usher in Era of Fiscal Discipline and National Renewal
Elon Musk changes his name to Kekius Maximus on X
Mahama Calls for Unity Among Political Parties to Drive Ghana’s Renaissance