Western Cape welcomes R2.2 billion investment from Google

The Western Cape and Cape Town have reportedly welcomed the R2.2 billion investment from tech giant, Google, which has continued to provide job opportunities in the province.

According to a Twitter post by the United States Consulate on Tuesday, 24 November 2020, Google has committed to a R2.2 billion investment into the Western Cape province, which boasts Cape Town as its flagship city. According to the post, various US-based entities, such as Google, are some of the biggest investors in the province.

The post read, “The US remains the number one foreign direct investor in the Western Cape. American companies, like Google, continue to invest in the province, providing jobs and opportunities for many. We are excited to see the continuous growth of Cape Town and the Western Cape as Africa’s Technology Capital.”

Google has also earmarked South Africa as the opportune way to infiltrate an African market. Another example of this was the investment of Netflix into forming a fully-fledged African branch, with the predominant use of South African talent in the productions.

See the post below.

The US remains the #1 foreign direct investor in the #WesternCape. American companies like @Google continue to invest in the province, providing jobs & opportunities for many. We are excited to see the continuous growth of #CapeTown & the #WesternCape as Africa's Tech Capital. https://t.co/E7Kw1zzy1J

— US ConsulateCapeTown (@USConsulateCT) November 24, 2020

Sabelo Makhubo
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