Popular US Retail Platform, Amazon has initiated plans to Unviel its first African office in South Africa bycoupled with a real estate investment of over R4 billion.
Local Authorities in Cape Town insisted that Amazon would be occupying a new development in River Club, a prime section of the city.
Cape town city officials noted that “US retail giant, Amazon, will be the anchor tenant, opening a base of operations on the African continent. 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.”