Tuesday, June 3, 2025
The Lagos Today
  • Login
No Result
View All Result
No Result
View All Result
The Lagos Today
No Result
View All Result
Home Business

Amazon Launches African HQ In South Africa

by Eucharia Egwuma
April 21, 2021
in Business
Reading Time: 2 mins read
0
0
Amazon Launches African HQ In South Africa
Share on FacebookShare on Twitter

Amazon has announced that it would set up its African headquarters in South Africa.

Authorities in Cape Town confirmed this, saying the City of Cape Town has greenlit the R4 billion River Club mixed-use development, which will be the new home of retail giant Amazon in Africa.

This is coming one week after Twitter picked Ghana for its first African office and headquarters.

“The development design intends to create a 150,000 square metre mixed-use space, divided into commercial and housing uses across two precincts. The developer intends 31,900 square metres to be used for residential purposes.

“The development will include both market-driven and affordable housing opportunities – the latter of which will be physically integrated with the other residential units in the apartment complexes.

“It is envisaged that 5,239 jobs will be created in the construction phase alone. The project will also create up to 19,000 indirect and induced jobs,” it said.

Reacting, the Democratic Alliance has welcomed the announcement that US online retail giant will establish its South African headquarters in Cape Town.

It says the Amazon South Africa HQ has the potential to create up to 19,000 jobs.

DA Shadow Minister for Trade, Dean Macpherson, says it will also inject around R4 billion into the local economy.

He says the extended COVID-19 lockdown has caused devastation in the South African economy.

Share this:

  • Facebook
  • X

Like this:

Like Loading...
Tags: AmazonSouth Africa
Previous Post

Despite FG’s Stance, Long Queues Return to Petrol Filling Stations in Abuja

Next Post

Gunmen Kidnap University Students Along Abuja-Kaduna Highway

Eucharia Egwuma

Eucharia Egwuma

Related Posts

Ghana’s Kofa Secures $8.1M Pre-Series A Funding to Drive Clean Energy Access Across Urban Africa

Ghana’s Kofa Secures $8.1M Pre-Series A Funding to Drive Clean Energy Access Across Urban Africa

by Iyanu Ale
May 2, 2025
0

Ghanaian energy tech startup Kofa has successfully raised $8.1 million in a pre-Series A funding round to scale its AI-powered...

South Africa’s CureRoot Leverages AI to Unlock New Medicines from African Medicinal Plants

South Africa’s CureRoot Leverages AI to Unlock New Medicines from African Medicinal Plants

by Iyanu Ale
April 28, 2025
0

South African startup CureRoot is pioneering a new frontier in pharmaceutical innovation by harnessing artificial intelligence (AI) to discover novel...

Next Post
One Killed as Gunmen Attack Bullion Van in Lagos

Gunmen Kidnap University Students Along Abuja-Kaduna Highway

Please login to join discussion

Recommended

Young Soldiers Allegedly Pounce on Driver for Refusing to Give them Fare in Lagos

Naval ratings brutalise Lagos farmer for filming vehicle

3 years ago
Lagos Completes First Phase Of Energy Audit To Boost State’s Power Supply

FG Considers Transferring Ownership of Power Distribution Companies to State Governments

1 year ago

Popular News

    Connect with us

    Tags

    #EndSARS 2023 Elections 2023 polls 2023 Presidency ACCIDENT Africa All progressives Congress APC Asiwaju Bola Tinubu Babajide Sanwo-Olu CBN Central Bank of NIgeria Central Bank of Nigeria (CBN) Coronavirus pandemic Covid-19 Covid-19 in Lagos Covid-19 in Nigeria Covid-19 Vaccine Cryptocurrency Economic and Financial Crimes Commission EFCC Federal Government Federal Government of Nigeria Fraud Gov. Sanwo-Olu House of Representatives Lagos-Ibadan expressway Lagos state Lagos State Government Lagos State House of Assembly Lagos State Police command Muhammadu Buhari Murder Naira NDLEA Nigeria Nigeria Customs Service Nigerian Economy Nigeria Police Force Rape Strike action TECH UK United Kingdom US

    News

    Opinion

    © 2020 The Lagos Today - Nkali.

    Welcome Back!

    Login to your account below

    Forgotten Password?

    Retrieve your password

    Please enter your username or email address to reset your password.

    Log In
    No Result
    View All Result

    © 2020 The Lagos Today - Nkali.

    %d