Coca-Cola Beverages Africa honours investment pledge with $100m factory in Ethiopia 

Sebeta, Ethiopia, May 31 – A new US$100 million Coca-Cola bottling plant at Sebeta in Ethiopia is set to unlock export opportunities, increase local production and ease foreign exchange constraints as it adds 500 employees to the workforce of Coca-Cola Beverages Africa (CCBA) in the country.

The inauguration of the Sebeta Dima Coca-Cola factory was attended by government representatives, accompanied by CCBA Ethiopia Managing Director Daryl Wilson, CCBA CEO Jacques Vermeulen and Africa President for The Coca-Cola Company Bruno Pietracci.

Completion of the bottling plant brings CCBA’s production capacity in Ethiopia to more than 100 million cases a year and will enable the company to integrate the production of inputs such as preforms, closures and other materials, as well as the local production of new products such as Minute Maid Juice, reducing imports and adding to national GDP.

The production of these input materials, besides meeting CCBA’s own demand, is planned for the export market to generate foreign exchange and supply the local market to help resolve shortages in the sector.

Wilson said the opening of the new plant in Sebeta was another proud milestone in CCBA’s growth in the country and the investment demonstrates confidence in the Ethiopian economy.

“The first Coca-Cola bottle was manufactured in 1959 in Addis Ababa in the Abinet Area.

“Since then, Coca-Cola has built a very strong local business in Ethiopia over more than six-decades of investment, creating shared opportunity for communities and employees as it continues to grow.

“We are proud to work with thousands of small businesses throughout the country to serve the millions of Ethiopians who choose to enjoy our products each day. 

“We hire locally, produce and distribute our products locally and are increasingly sourcing locally through local farmers, suppliers and retailers,” Wilson said.

Construction of the Sebeta plant began in 2019, following the announcement of a $300 million investment over five years to expand CCBA’s operations in Ethiopia. A sixth plant is planned at Hawassa. 

This commitment was reaffirmed when The Coca-Cola Company Chairman and CEO, James Quincey, visited Ethiopia in 2020, accompanied by Vermeulen.

“CCBA is a proud industry leader in developing increasingly sustainable ways to produce, distribute and sell our products,” said Vermeulen.

“We aim to create greater shared opportunity for the business and our host communities across the value-chain. This is about more than just money, it’s about a better future for people and their communities everywhere on the African continent,” Vermeulen said.

“Through our investments in Ethiopia, we have grown direct employment opportunities from 1,000 in 2012 to over 3,500 in 2022, while more than 70,000 people are beneficiaries of our value chain.”

In line with its strong principle of doing business the right way, CCBA has constructed a school at a total cost of $236,000 in Sebeta following consultations with the community to understand their needs. 

This follows the building of two state-of-the-art school blocks at Shimbit Elementary School near CCBA’s plant in Bahir Dar, benefitting 1,600 students at a total cost of $220,000.

CCBA has also set up 17 polyethylene phthalate (PET) collection centres and trained and empowered more than 14,000 women PET collectors in the country, as well as launching a 20 million-birr women and youth economic inclusion project in partnership with the Job Creation Commission of Ethiopia.

“Our investment in the Sebeta Dima Coca-Cola Factory confirms that we are here for the long haul, and we look forward to many more years of refreshing Ethiopia every day and making this country a better place for all,” said Vermeulen.

Pietracci said The Coca-Cola Company believes in Africa’s strong potential as the next growth engine of the global economy. 

“Africa has a growing and rapidly urbanising population who is brand conscious, economically active, highly connected and innovative and will drive the continent’s dynamic growth. 

“Over the past 90 years in Africa, we have built a pervasive and very strong local business, creating shared opportunity in every country on the continent. This has been one of our greatest strengths and we will continue playing a significant role in Africa,” Pietracci said.

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Frank leads CCBA’s commercial agenda, with responsibility for accelerating revenue growth, strengthening route to market and customer partnerships and driving execution excellence across markets.

Frank brings extensive international experience from Coca‑Cola HBC, where he held a range of senior commercial and general management roles. Most recently, he served as Region Director, overseeing 13 markets across Europe, where he led high-performing teams and delivered strong business results.

He is recognised for his strong commercial acumen, customer focus and track record in building high-performing teams across diverse markets.

Gerald Lewis

Chief Information Officer, CCBA

Gerald leads CCBA’s digital, data and technology agenda, focusing on enabling business performance through scalable platforms and enhanced digital capabilities.  Gerald brings extensive international experience, most recently as Head of Technology Strategy & Operations at Coca‑Cola HBC. He has also held senior CIO roles at Bacardi across Africa, the Middle East and Asia, as well as transformation roles at GlaxoSmithKline and Mettler Toledo. He is recognised for translating technology strategy into business value and for leading transformation across emerging markets.

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General Counsel and Company Secretary, CCBA

Matthew joined us from the Clicks Group, a JSE Top-40 company, where he has been the Head of Legal and Company Secretary since 2016. In this role Matthew successfully navigated a highly regulated environment, including overseeing compliance with company laws and the JSE Listings Requirements. As company secretary, he managed governance at Board level as well as being the Chairman’s chief of staff. Prior to this, Matthew was a Legal Manager with Anglo American, a major multinational diversified mining group, which includes three companies listed on the JSE, with extensive operations across Southern Africa.

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