Saturday, June 3, 2023
  • HOME
  • MARKETS & COMPANIES
  • BUSINESS & ECONOMY
    • AGRO-ECONOMY
    • AVIATION
    • BRANDS
    • CONSUMER GOODS
    • ECONOMY
    • ENERGY
    • ENVIRONMENT
    • FINANCIAL INCLUSION
    • INSURANCE & PENSIONS
    • INVESTMENT
    • MANUFACTURING
    • MARITIME
    • MONEY
    • MSMEs
    • PRODUCT REVIEW
    • ROAD TRANSPORT
    • SMEs
    • STARTUPS
    • TECH
  • INNOVATION
  • EMPIRE
  • OPINION
  • CULTURAL CURRENTS
  • FEATURES
  • AE MAGAZINE
  • CORPORATE RENDEZVOUS
Financial Street
No Result
View All Result
  • Setup menu at Appearance » Menus and assign menu to Main Navigation
Financial Street
No Result
View All Result

Amazon opens R4bn hqtrs in South Africa

Emmanuel Jeremiah by Emmanuel Jeremiah
April 21, 2021
in Companies
0
Amazon opens R4bn hqtrs in South Africa
2
SHARES
59
VIEWS
Share on FacebookShare on TwitterShare on LinkedInShare on WhatsApp

United States retail giant, Amazon, is set to open its African headquarters in South Africa with a real estate investment of over R4bn.

According to reports, the city of Cape Town has greenlit the R4bn River Club mixed-use development, which will be the new home of Amazon in Africa.

READ ALSO

Firm creates jobs with first solar pump in Tanzania

LBIC reports growth amid COVID-19 crisis

The development design intends to create a 150,000 square metres mixed-use space, divided into commercial and housing uses.

Read Also:

  • Obiano celebrates children, urges parents to prioritise education
    Obiano celebrates children, urges parents to prioritise…

It will also accommodate market-driven and affordable housing opportunities that will include 31,900 square metres to be used for residential purposes.

The project, which will be in phases, is projected to provide 5,239 jobs in the construction phase as well as 19,000 indirect and induced jobs, Financial Street gathered.

Cape Town city officials said Amazon would be the anchor tenant, opening a base of operations on the continent.

This development is coming a week after Twitter announced Ghana as its Africa operations headquarters.

Tags: Africa DevelopmentAmazonTechnology

Get real time update about this post categories directly on your device, subscribe now.

Unsubscribe
Emmanuel Jeremiah

Emmanuel Jeremiah

Related Posts

Firm creates jobs with first solar pump in Tanzania
Companies

Firm creates jobs with first solar pump in Tanzania

August 24, 2021
World Bank: Kenya’s economic growth will rebound next year
Companies

LBIC reports growth amid COVID-19 crisis

August 23, 2021
NDIC to pay 14 liquidated banks’ depositors
Companies

NDIC to pay 14 liquidated banks’ depositors

June 28, 2021
Financial Street - BOI lifts 2m million business owners with N678bn in four years – Official
Companies

BoI clarifies issues surrounding accessing loans

June 22, 2021
Emzor lists N13.7bn bond on NGX
Companies

AfDB launches $463.9m Kangaroo social bond

June 14, 2021
FMDQ to engage stakeholders to combating currency volatility
Companies

Mixta Real Estate quotes N1.02bn CP on FMDQ

June 14, 2021
Next Post
Emzor lists N13.7bn bond on NGX

Emzor lists N13.7bn bond on NGX


Naira4Dollar Rates
ADVERTISEMENT

RECENT STORIES

Obiano celebrates children, urges parents to prioritise education

Obiano celebrates children, urges parents to prioritise education

May 31, 2023
May 25: Why Politics Matters for Africa’s Development

May 25: Why Politics Matters for Africa’s Development

May 26, 2023
celebrates

Technocracy: Roadmap to successful Nigerian economy

May 19, 2023
failure

Governance failure kills basic services, says Ezekwesili

April 28, 2023
foreign

Eminent Nigerians, foreigners to honour Ezekwesili at birthday symposium

April 26, 2023
Ezekwesili

Oby Ezekwesili: The joys of sacrifice

April 25, 2023
Muslim

Obiano felicitates with Muslims, urges unity among Nigerians

April 21, 2023

TRENDING

  • naira devaluation

    What naira devaluation means for Nigeria’s economy

    0 shares
    Share 0 Tweet 0
  • Impact of fintech on Nigerian economy

    0 shares
    Share 0 Tweet 0
  • Why Nigerian consumers prefer foreign goods

    0 shares
    Share 0 Tweet 0
  • Why big and small businesses are turning to digital marketing

    5 shares
    Share 5 Tweet 0
  • May 25: Why Politics Matters for Africa’s Development

    0 shares
    Share 0 Tweet 0
Financial Street

© Financial Street 2021. All Rights Reserved.

More Links

  • Privacy Policy
  • Terms of Use
  • Contact Us

Follow Us

No Result
View All Result
  • HOME
  • MARKETS & COMPANIES
  • BUSINESS & ECONOMY
    • AGRO-ECONOMY
    • AVIATION
    • BRANDS
    • CONSUMER GOODS
    • ECONOMY
    • ENERGY
    • ENVIRONMENT
    • FINANCIAL INCLUSION
    • INSURANCE & PENSIONS
    • INVESTMENT
    • MANUFACTURING
    • MARITIME
    • MONEY
    • MSMEs
    • PRODUCT REVIEW
    • ROAD TRANSPORT
    • SMEs
    • STARTUPS
    • TECH
  • INNOVATION
  • EMPIRE
  • OPINION
  • CULTURAL CURRENTS
  • FEATURES
  • AE MAGAZINE
  • CORPORATE RENDEZVOUS