Global retail giant Amazon will set up its Africa headquarters in Cape Town, South Africa, in a $57 million (R4 billion) River Club development.
The new home of Amazon headquarters in Africa will create up to 5,239 direct jobs and also expected to unlock economic opportunities for South Africa. The project is set to create up to 19,000 indirect and induced jobs.
The development follows a green-light given by the City of Cape Town for construction to begin on a 15-hectare piece of land that will be a mixed-use infrastructure.
The River Club development will feature 59,600 square meters of office space, 20,700 square metres of retail space, an 8,200 square metre hotel, and a 4,100 square metre gym. It will also include restaurants, conferencing, a school, and events space.
Commenting on the development, Cape Town executive mayor Dan Plato said the new River Club development offers many economic, social, and environmental benefits for the area.
“We are committed to driving investment to revitalise the economy, which is slowly recovering following the impact of Covid-19,” he said.
Amazon will be the anchor tenant on the property, opening a base of operations on the African continent.
The company has been in South Africa since its on-demand cloud computing subsidiary Amazon Web Services (AWS) first established its presence in Cape Town in 2004.