By using this site, you agree to the Privacy Policy and Terms & Conditions.
Accept
Okay.ngOkay.ngOkay.ng
Font ResizerAa
  • News
    • Politics
  • Entertainment
  • Business & Economy
  • Sport
  • Tech
Reading: Amazon announces plans to set up African headquarters in South Africa
Share
Font ResizerAa
Okay.ngOkay.ng
  • News
  • Entertainment
  • Business & Economy
  • Sport
  • Tech
Search
  • News
    • Politics
  • Entertainment
  • Business & Economy
  • Sport
  • Tech
Follow US
  • About Okay.ng
  • Advertising on Okay.ng
  • Contact Okay.ng
  • Careers
  • Meet the Team behind Okay.ng
  • Ownership and Funding of Okay.ng
  • Editorial Principles at Okay.ng
© OKN MEDIA PUBLISHING 2022 - All rights reserved
Business

Amazon announces plans to set up African headquarters in South Africa

Agency Report with Okay.ng
By Agency Report with Okay.ng
Published: April 21, 2021
Share
2 Min Read
Amazon
Amazon
SHARE

Amazon has announced plans to locate 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.

- Advertisement -

“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.

- Advertisement -

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.

Stay Updated on the Go with Our Latest News—Join Our WhatsApp Channel Now!
TAGGED:AmazonAmazon in South AfricaSouth Africa
Share This Article
Facebook Whatsapp Whatsapp Telegram Email Copy Link Print
Previous Article David Alaba Reports: David Alaba to join Real Madrid next season
Next Article Mahamat Idriss Deby Idriss Deby’s son, Mahamat, named Chad president

Connect with Okay on Social

FacebookLike
XFollow
InstagramFollow
TelegramFollow
- Advertisement -
Ad imageAd image
- Advertisement -
- Advertisement -
Ad imageAd image

Recent Posts

Delta Governor: Defection to APC Aimed at Advancing State, Not Weakening PDP
Politics
Tinubu to Attend Pope Leo XIV’s Inauguration in Rome
News
VeryDarkMan
Police Re-arraign VDM Over Cyberbullying Allegations Against Nollywood Actresses, Others
News
JUST IN: House of Reps Advances Bill to Make Voting Mandatory
News Top stories
Panic in Ondo as Two-Month-Old Baby Disappears
News
- Advertisement -
Ad imageAd image

You May Also Like

Brands

Nestlé Empowers Over 300 Youths in Lagos Through MYOWBU Entrepreneurship Workshop

Yusuf Abubakar
Yusuf Abubakar
May 15, 2025
News

EFCC Removes Foreign National Elie Bitar from Wanted List Over CBEX Fraud Allegations

Muhammad A. Aliyu
Muhammad A. Aliyu
May 15, 2025
Sport

Nottingham Forest’s Taiwo Awoniyi Wakes from Induced Coma, Recovering After Emergency Surgery

Muhammad A. Aliyu
Muhammad A. Aliyu
May 15, 2025
Okay.ngOkay.ng
Follow US
© OKN MEDIA PUBLISHING 2025 - All rights reserved
  • About Okay.ng
  • Advertising on Okay.ng
  • Contact Okay.ng
  • Careers
  • Meet the Team behind Okay.ng
  • Ownership and Funding of Okay.ng
  • Editorial Principles at Okay.ng
adbanner
Welcome Back!

Sign in to your account

Username or Email Address
Password

Lost your password?