Amazon, an American multinational technology company that specializes in e-commerce, cloud computing, digital entertainment, and artificial intelligence, has announced that it will establish its African headquarters in South Africa with a $279 million real estate investment (R4 billion).
The headquarters 15-hectare plot of land is located at a new construction site in River Club, a prime area of Cape Town, and it comprises two precincts. The first 60,000-square-meter precinct will house various levels of construction, while the second 70,000-square-meter portion will house Amazon’s African headquarters.
According to the Business Tech, the relocation is estimated to generate over 5,000 direct construction jobs and 19,000 indirect jobs.
Cape Town city officials also said in a statement that the US shopping giant, Amazon, will be the anchor tenant, opening a base of operations on the African continent.
The production is planned to take place in stages, with construction lasting three to five years.”
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Recall that Amazon had its web engineering giant AWS in South Africa for years, but its major e-commerce section has not been available anywhere on the African continent.
It is uncertain, however, whether Nigeria was considered as a possible place for the new development.
This is also coming after Twitter plan to open its Africa headquarter in Ghana side-lining Nigeria the giant of Africa