A star-studded line-up, also including Alicia Keys and Angelique Kidjo, has been put together at the newly-renovated Orlando Stadium on June 10, with the tournament itself starting two days later.
"We are thrilled to have a concert of such magnitude and performing talent raise the curtain on the first FIFA World Cup in Africa," said FIFA Secretary General Jerome Valcke.
"It is testament to the universal and unifying power of football and music, and will start the competition off on the right note – of celebration."
The concert is being organised by Emmy Award-winning producer Kevin Wall of Control Room - who were behind Live Earth 2007.
"We believe sports and music transcend cultural, language and geographic barriers, and through the official FIFA World Cup Kick-Off Celebration Concert, we will present the sights and sounds of unity and celebration for an unforgettable, must-see experience," said Wall.
All proceeds from the concert will be handed out to 20 Centres for 2010, aiming to build 20 centres across Africa that will offer education and healthcare coupled with football training to disadvantaged communities.
South African band the Parlotones, Colombian musician Juanes and Malian duo Amadou & Miriam are also expected to appear.
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