Amazon to open African headquarters in South Africa
Amazon has concluded plans to open its African headquarters in South Africa with a real estate investment of over R4 billion.
Authorities in Cape Town said Amazon would be occupying a new development in River Club, a prime section of the city, local media reported.
The 15-hectare parcel of land will cost R4 billion and include two precincts. Authorities said 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.
“US retail giant, Amazon, will be the anchor tenant, opening a base of operations on the African continent,” Cape Town city officials said in a statement. “The development is envisaged to take place in phases, with construction set to take place over three to five years.”
Over 5,000 direct construction jobs and 19,000 indirect jobs are expected to be created as a result of the move, Business Tech reported.
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.
The announcement comes a week after Twitter picked Ghana for its first African office and headquarters. Twitter said the democratic and economic strides of Ghana made the West African country a highly competitive destination over Nigeria and other countries.
It was unclear whether or not Amazon considered Nigeria and similar parametres as Twitter while deciding its African base.
We have recently deactivated our website's comment provider in favour of other channels of distribution and commentary. We encourage you to join the conversation on our stories via our Facebook, Twitter and other social media pages.
More from Peoples Gazette
States
Independence: NBA urges Nigerians to expect better future
The NBA said that ordinary Nigerians should be deriving benefit from the subsidy removal rather than hardship.
Agriculture
FG tasks ECOWAS on leveraging financing strategies for agroecology
The federal government has urged stakeholders in the agriculture and finance sectors in the West Africa region to leverage financing strategies to enhance agroecology practices
Politics
Katsina youths pledge to deliver over 2 million votes to Atiku
“Katsina State is Atiku’s political base because it is his second home.”
Uncategorized
Senate Probe: N210 trillion NNPC fund not missing, Kyari insists
Mele Kyari, former chief of the Nigerian National Petroleum Company, told the Senate that the controversial N210 trillion reflected in financial records was not missing.
States
Senate to probe prolonged closure of Nigerian airspace for VIP movements
The Senate has resolved to investigate frequent, prolonged airspace closures during VIP movements.
![Fuel queue at NNPC filling station [Credit: ThankGod Sabastine/Peoples Gazette]](https://gazettengr.com/wp-content/uploads/Screenshot_20230320-070535_WhatsAppBusiness.jpg)
Economy
FCCPC begins monitoring drop in international oil market prices
FCCPC says it expects wholesale petrol costs to ease and to affect pump prices for consumers without undue delay.
NationWide
Tinubu Hardship: Hungry Nigerians should vote against bad leaders, says Anglican Church
“We have no reason for any family to go to bed hungry. What we have is enough. It can go round,” Mr Ndukuba said.
Economy
FG, Abia pledge wider social protection for informal workers
The federal and Abia governments reaffirmed their commitment to expanding social protection for informal economy workers through inclusive policies.
NationWide
Tinubu’s Chicago Certificate: “Tokunbo Pearse is shameless scoundrel,” says Adebayo Williams
Mr Williams stated, “In 2003, I was part of Senator Tinubu’s entourage to his Alma mater, Chicago State University.”
