Just as Twitter opened its headquarters in Ghana, Amazon is also tolling that path with concluded plans to open its African headquarters in South Africa with a real estate investment of over R4 billion ($279 million).
Authorities in Cape Town noted that Amazon would be occupying a new development in River Club, a prime section of the city, local media reported.
This new development will create 5,239 jobs in the construction phase alone. Along with 19,000 indirect and induced jobs.
The 15-hectare parcel of land will cost R4 billion and include two precincts. Authorities said the first precinct of 60,000sqm would occupy different layers of development, while the second section of 70,000 will hold Amazon headquarters in Africa.
“US retail giant, Amazon, will be the anchor tenant, opening a base of operations on the African continent,” Cape Town city officials said in a statement. “The development is envisaged to take place in phases, with construction set to take place over three to five years.
“It is clear that this development offers many economic, social, and environmental benefits for the area. We are committed to driving investment to revitalize the economy, which is slowly recovering following the impact of Covid-19.”
Brand Spur recalls that a few weeks ago, Twitter picked Ghana for its first African office and headquarters. Twitter said Ghana’s democratic and economic strides made the West African country a highly competitive destination over Nigeria and other countries.