Coca-Cola announces potential $175 million investment in Kenya

The president of Coca-Cola Africa expressed unwavering confidence in Kenya’s future, anticipating significant progress in both social and economic spheres.

Kenya’s Coca-Cola System Plans Significant Investment The Coca-Cola system has a strong history of providing refreshment in Africa and contributing to the development of East Africa.

Comprising The Coca-Cola Company and its licensed bottler, Coca-Cola Beverages Africa, the system has revealed its plan to increase investment in Kenya by as much as $175 million over the next five years, pending successful achievement of growth targets in the country.

During a visit to The Coca-Cola Company’s headquarters in Atlanta, CEO of Coca-Cola Beverages Africa, Sunil Gupta, welcomed Kenyan President H.E. Dr William Ruto by highlighting the company’s longstanding presence in Kenya for over 75 years.

Gupta announced a significant investment aimed at enhancing the capacity and capabilities of the Coca-Cola system in Kenya over the next five years.

He expressed confidence in Kenya’s economic potential and emphasized the importance of collaboration with the government for creating a stable policy environment.

President of The Coca-Cola Company‘s Africa Operating Unit, Luisa Ortega, echoed Gupta’s sentiments by underlining the company’s commitment to supporting communities in Kenya for many more years to come.

She emphasized their dedication to continued growth and community support across Kenya as they look towards a bright future together.

The Coca-Cola system has a deep-rooted history of providing refreshment in Africa and making a positive impact in the East African region.

As a major employer, it directly supports 10,000 individuals and collaborates with over 500,000 Micro, Small and Medium Enterprises in the area.

This strong network allows the company to engage with the diverse business landscape in Kenya and beyond. Through our value chain, we sustain livelihoods for over a million people in various roles such as distribution and sales.

Gupta highlighted that we procure nearly 8,000 metric tons of mango puree from local farmers in East Africa. We are confident in the region’s potential for growth and believe that partnerships between public and private sectors can drive significant progress.

Our operations in Kenya are deeply rooted in local engagement – from hiring to production, distribution, and sourcing. Our commitment to Kenya’s future is unwavering as we anticipate substantial social and economic development ahead.

Ortega emphasized our ongoing investments not only in our Kenyan business but also community initiatives aimed at enhancing prosperity within Kenya.