Coca-Cola Comes Through on Investment Pledge – Ethiopian Business Review

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Coca-Cola Beverages Africa – Ethiopia inaugurated its new factory built at a cost of USD100 million which will provide jobs for 500 permanent employees and produce more than 100 million packages per year. In addition, the plant has the capacity to produce inputs including plastic bottles and caps.

Coca-Cola first opened its Ethiopian operations in the Abinet area of Addis Ababa in 1952 and the new plant in Sebeta of the State of Oromia commenced construction in 2019. The company has plans to expand with a Hawassa plant in the future.

The company now has over 3,500 permanent employees, while more than 70,000 are beneficiary through their value chain. With the opening of the new plant, the beverage giant will introduce Minute Maid drinks to the Ethiopian Market.

Photo Credit: Samuel Habtab

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