Coca-Cola spends Ksh 194B on suppliers in COMESA countries
Originally published by KBC Digital — Read the original article →
A new study commissioned by Coca-Cola shows that the company spent a total of Ksh 194 billion ($1.5b) on suppliers in twenty one African countries in 2024.
The study by global consultancy Steward Redqueen shows that the firm spent the amount on the countries making up the Common Market for Eastern and Southern Africa (COMESA) benefitting industries like sugar production, manufacturing, packaging, and logistics.
“As this study shows, the Coca-Cola system continues to deliver substantial economic impact in COMESA, creating opportunities through local partnerships, investments, and supply chains,” said Luis Felipe Avellar, President of Coca-Cola’s Africa Operating Unit.