Published by Global Banking & Finance Review®
Posted on April 1, 2026
1 min readLast updated: April 1, 2026
Add as preferred source on GoogleCoca‑Cola and its bottlers will invest R17.6 billion (~ $1.05 billion) in South Africa through 2030, expanding production, distribution, innovation and supporting water initiatives, as part of broader refranchising and economic goals.
JOHANNESBURG, April 1 (Reuters) - Coca-Cola and its two authorized bottlers, Coca-Cola Beverages South Africa and Coca-Cola Peninsula Beverages, will invest 17.6 billion rand ($1.05 billion) in South Africa through 2030, to support expanded production capacity, the company said.
The announcement was made by Luis Felipe Avellar, president of the Coca-Cola Company's Africa operating unit, on Tuesday evening at an investment conference in Johannesburg, where President Cyril Ramaphosa set a target of attracting 2 trillion rand in new investments over the next five years.
The investment will support expanded production capacity, strengthen distribution and accelerate innovation across the "Coca-Cola system's" value chain, Coca-Cola Africa said in a statement.
($1 = 16.7809 rand)
(Reporting by Nqobile DludlaEditing by Tomasz Janowski)
Coca-Cola and its bottlers will invest 17.6 billion rand ($1.05 billion) in South Africa through 2030.
The investment aims to expand production capacity, strengthen distribution, and accelerate innovation across Coca-Cola's value chain.
Luis Felipe Avellar, president of the Coca-Cola Company's Africa operating unit, announced the investment.
Coca-Cola, Coca-Cola Beverages South Africa, and Coca-Cola Peninsula Beverages are involved in the investment.
The investment was announced at an investment conference in Johannesburg.
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