Coca-Cola Supporting More Than 1 Million Jobs Across Its Value Chain In Africa
- Across 54 African markets, The Coca-Cola Company and its authorized bottlers, collectively known as the Coca-Cola system, contributed $10.4 billion in economic activity across its value chain in 2024.
- The Coca-Cola system and its value chain supported more than 1 million jobs in retail, agriculture, manufacturing, transport and services in Africa.
- The Coca-Cola system purchased $4.3 billion from suppliers in Africa in 2024, representing 83% of the system’s total procurement on the continent.
The Coca-Cola Company on the 23rd of June, 2025 in the US-Africa Business Summit held in Luanda, Angola announced the results of a comprehensive, Africa-wide socio-economic impact study.
The study shows that the Coca-Cola system, made up of The Coca-Cola Company and its authorized bottlers, working with a wide network of suppliers, manufacturers, service providers and customers, contributed $10.4 billion in value-added economic activity across its value chain in Africa in 2024.
Leaders at the US-Africa Business Summit held in Luanda, Angola
The Coca-Cola system 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, plus 987,000 indirect jobs that are supported across the value chain, meaning the system collectively supported 27 additional jobs for every job it directly creates.
The Coca-Cola System Invested Billions In The African Economy
The study, conducted by global consultancy Steward Redqueen, shows that the system invested $4.3 billion in the African economy in 2024 through the purchase of goods and services from local suppliers, representing 83% of its total procurement.
“Our long-standing presence in Africa, working with locally owned bottlers and suppliers, allows us to drive more sustainable growth and contribute to the continent’s development,” said Luisa Ortega, president of the Africa operating unit of The Coca-Cola Company.
Luisa Ortega, Coca-Cola Africa President, speaking at the US-Africa Business Summit, in Luanda.
“Our unique operating model allows us to make a lasting impact in local communities.”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.“The Coca-Cola Company’s commitment to Africa remains steadfast,” Ortega added.
“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. Additionally, the Coca-Cola system will invest nearly $25 million by 2030 to help address critical water-related challenges in local communities in 20 African markets,” said Ortega.
Uncovering Economic Interlinkages
This study highlights the Coca-Cola system’s role in Africa’s long-term growth and driving more sustainable development across the continent. The approach adopted by Steward Redqueen integrates client-provided operational data with trusted third-party economic sources and industry benchmarks.
More than just measuring direct contributions, the analysis uncovers economic interlinkages, showing how the Coca-Cola system drives production, generates income, and supports employment across a spectrum of industries and geographies.
Luisa Ortega, Coca-Cola Africa President, engages with Ethiopia’s President Taye Atske Selassie on margins of US-Africa Business Summit, in Luanda.
Teodora Nenova, Managing Partner at Steward Redqueen added: “Our impact assessment reveals the wide-reaching economic footprint of the Coca-Cola system across Africa. The findings highlight the scale of the Coca-Cola system’s local presence and its ongoing contribution to economic opportunity and livelihoods across the continent.”
About The Coca-Cola Company
The Coca-Cola Company is a total beverage company with products sold in more than 200 countries and territories. The Company’s purpose is to refresh the world and make a difference. They sell multiple billion-dollar brands across several beverage categories worldwide.
They have a portfolio of sparkling soft drink brands which include Coca-Cola, Sprite and Fanta. Their water, sports, coffee and tea brands include Dasani, smartwater, vitaminwater, Topo Chico, BODYARMOR, Powerade, Costa, Georgia, Fuze Tea, Gold Peak and Ayataka.
The Company’s juice, value-added dairy and plant-based beverage brands include Minute Maid, Simply, innocent, Del Valle, fairlife and AdeS. They’re constantly transforming their portfolio, from reducing sugar in their drinks to bringing innovative new products to market.
They seek to positively impact people’s lives, communities and the planet through water replenishment, packaging recycling, sustainable sourcing practices and carbon emissions reductions across our value chain. Together with their bottling partners, they employ more than 700,000 people, helping bring economic opportunity to local communities worldwide.
Learn more at www.coca-colacompany.com and follow them on Instagram, Facebook and LinkedIn.