The Coca-Cola Company and its authorized bottlers contributed $10.4 billion in value-added economic activity across their value chain in Africa in 2024, according to an Africa-wide socio-economic impact study presented during the 2025 U.S.-Africa Business Summit in Luanda, Angola.
The study, conducted by global consultancy Steward Redqueen shows that the Coca-Cola system, made up of the Coca-Cola Company, supported more than 1 million jobs across its value chain on the continent in sectors like retail, agriculture, manufacturing, transport and services.
This included 36,800 direct Coca-Cola system jobs, and an additional 987,000 indirect jobs that are supported across the value chain.
Additionally the system invested $4.3 billion in the African economy in 2024 through the purchase of goods and services from local suppliers, representing 83 percent of its total procurement.
Luisa Ortega, president of the Africa operating unit of The Coca-Cola Company noted that the company’s enduring presence on the continent anchored by partnerships with locally owned bottlers and suppliers continues to fuel sustainable growth and drive development.
“The company’s portfolio in Africa includes a wide range of brands in several beverage categories. Ingredients and packaging used by the Coca-Cola system in Africa are mostly locally sourced, supplied, produced, manufactured and distributed,” said Ortega, president of the Africa operating unit of The Coca-Cola Company.
Ortega revealed that the firm plans to invest nearly $1.2 billion across the continent over the next five years and another $25 million by 2030 to help address critical water-related challenges in local communities in 20 African markets.
“The Coca-Cola Company’s commitment to Africa remains steadfast. The Coca-Cola system has announced investments of nearly $1.2 billion on the continent over the next five years, and we are hopeful that stable and predictable policy environments will enable more investments in the months and years ahead,” she added.
