Amazon to Set up African Headquarters in Cape Town, South Africa

Amazon to Set up African Headquarters in Cape Town, South Africa

- Amazon will soon have its headquarters in Cape Town, South Africa

- The headquarters has been incorporated into a project approved by the city

- According to the Mayor of Cape Town, the project will boost the economy of the city

PAY ATTENTION: Join Legit.ng Telegram channel! Never miss important updates!

Just like Twitter, another business giant has shunned Nigeria. This time, it is retail company, Amazon.

The company will be setting up its African headquarters in the City of Cape Town. According to BusinessTech, the project will see developers develop some part of the city that will house the retail giant as anchor tenant.

Amazon to set up South African Headquarters in Cape Town
The City of Cape Town has greenlit development which will be the new home of retail giant Amazon in Africa. Photo: @amazon
Source: Twitter

Also, the project is expected to accommodate several others, including housing opportunities.

With this, about 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.

Read also

Rising loans: FG finally explains why it has to borrow beyond initial plan

Other parts of the development include:

  • 59,600 sqm office space
  • 20,700 sqm retail space
  • 8,200 sqm hotel
  • 4,100 sqm gym
  • Restaurants, conferencing, school and events space

PAY ATTENTION: Install our latest app for Android, read the best news on Nigeria’s #1 news app

Meanwhile, the city mayor, Dan Plato has lauded the idea, saying that it will boost the economy of Cape Town.

He said it will offer massive economic and social and environmental benefits for the area.

According to him, the construction which will be in phases is set to take place over three to five years.

He said Precinct 2 will house the Amazon headquarters, which is 70,000 sqm of floor space.

Meanwhile, the federal government of Nigeria claimed that Twitter snubbed Nigeria and decided to set up its African office in Ghana because of unpatriotic citizens.

The minister of information and culture, Lai Mohammed made the claim on Thursday, April 15, when he spoke with journalists in Abuja.

Read also

774,000 jobs: FG commences partial payment to beneficiaries, discloses reasons for delay

PAY ATTENTION: Install our latest app for Android, read the best news on Nigeria’s #1 news app

He explained that Nigeria with 25.4 million Twitter users, against eight million users in Accra, should have been the choice for the social media company.

Source: Legit.ng

Authors:
Aanu Adegun avatar

Aanu Adegun Aanu Adegun is a journalist with over 9 years of experience in both digital and traditional media. A graduate of English Studies from Adekunle Ajasin University, Akungba Akoko, Ondo state. Aanu joined Legit.ng in 2016 covering politics and current affairs. Aanu started his journalism career as a features writer. He once anchored some specialised pages of a national newspaper. You can reach him via - aanu.adegun@corp.legit.ng