
Amazon has announced that it will establish its African headquarters in South Africa. Authorities in Cape Town verified this, stating that the City of Cape Town has approved the R4 billion River Club mixed-use building, which will house Amazon’s new African headquarters.
This is coming one week after Twitter picked Ghana for its first African office and headquarters.
“The development plan calls for a 150,000-square-metre mixed-use space split into industrial and residential uses in two precincts. The developer plans to use 31,900 square metres for residential purposes.
“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.
The Democratic Alliance has responded positively to the announcement that the US online retail giant will build its South African headquarters in Cape Town.
It says the Amazon South Africa HQ has the potential to create up to 19 000 jobs.
DA Shadow Minister for Trade, Dean Macpherson, says it will also inject around R4 billion into the local economy.
He claims that the prolonged COVID-19 lockdown has wreaked havoc on the South African economy.