April 13

Amazon to invest USD 1.7 Billion in South Africa

Amazon’s cloud service AWS has announced its plans to invest R30.4 billion in its cloud infrastructure in South Africa by 2029.

The group published a new economic impact study (EIS) which outlined the group’s investment in its AWS Africa (Cape Town) Region since 2018, and projected forecast of investment to construct, operate, and maintain its cloud infrastructure in the country.

Photo courtesy of diema.

Source: BusinessTech (link opens in a new window)

Investing, Technology
corporations, data, infrastructure, renewable energy