The Coca-Cola Company has unveiled an ambitious plan to invest 23 billion in Kenya over the next five decades. This strategic investment is aimed at bolstering the company’s operations, supporting local communities, and enhancing economic growth in the region.
This is after President Ruto visited its headquarters in Atlanta, Georgia, in the United States of America, where they agreed on the same.
President Ruto shared the news via his social media handle, saying it is a collaboration that will uplift the country’s economy.
“Kenya welcomes Coca-Cola’s announcement to invest 23 billion ($175 million) over the. next five years to expand its operations in the country. This is a milestone in the firm’s presence in Kenya and Africa, a testimony that we must sustain our strong collaboration for us to grow.” Part of President Ruto’s message read.
This investment aligns with Coca-Cola’s broader strategy to strengthen its presence in emerging markets and contribute to sustainable development goals. As the company embarks on this transformative journey, it reaffirms its dedication to fostering growth and prosperity in Kenya.