Categories: Latest News

Nigeria shunned again, Amazon to open its African office in SA

Nigeria has been shunned again as global giant, Amazon revealed plans to open its African headquarters in South Africa with a real estate investment of over R4 billion.

According to local media reports, Amazon would be occupying a new development in River Club, a prime section of the city.

This is coming after communication giant, Twitter shunned Nigeria and named Ghana as the location for its African headquarters.

The 15-hectare parcel of land will cost R4 billion and include two precincts. Authorities said the first precinct of 60,000sqm would 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 due to 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.

Sunny Green Itodo

Recent Posts

Newly promoted NSCDC officer collapses, dies in restroom after salary alert

A newly promoted officer of the Nigeria Security and Civil Defence Corps (NSCDC), identified only…

4 hours ago

Why Tinubu promoted Acting COAS Oluyede to Lieutenant General – Presidency reveals

President Bola Tinubu promoted Acting Chief of Army Staff Olufemi Olatubosun Oluyede to the rank…

4 hours ago

Nigerian govt Scraps 18-year admission requirement for tertiary institutions

The Federal Government has officially scrapped the contentious 18-year age requirement for admission into tertiary…

4 hours ago

Baltasar Engonga: Equatorial Guinea govt takes action as more videos leaks onlines

The Government of Equatorial Guinea has restricted citizens from using mobile data to download and…

5 hours ago

BREAKING: Tinubu promotes Acting COAS Olufemi Oluyede to Lieutenant General rank

President Bola Tinubu has promoted Acting Chief of Army Staff (COAS) Olufemi Oluyede to the…

5 hours ago

BREAKING: Baltasar Engonga: Equatorial Guinea restricts WhatsApp amid leaked videos

The Government of Equatorial Guinea has restricted citizens from using mobile data to download and…

8 hours ago