Coca-Cola invests $93.8 million in new Burkina Faso project, aims to create over 2,000 jobs
Global beverage giant Coca-Cola has announced a significant $93.8 million investment (approximately 60 billion West African Francs, CFA) in a state-of-the-art factory in Burkina Faso, marking a strategic expansion in the West African nation.
The new 6.7-hectare facility, currently under construction by local companies, has already seen an investment of 25 billion CFA.
Upon completion, it is expected to generate 500-600 direct jobs and up to 3,000 indirect jobs, according to CEO Caroline Estelle Ouedraogo.
The project comes on the heels of Coca-Cola’s decision in 2022 to withdraw bottling licenses from local brasseries, including Solibra in Burkina Faso, following their development of competing drink brands.
The factory, located in Gampela, is already employing 105 workers and is seen as a potential economic lifeline in a country grappling with a decade-long crisis of terrorist activity and youth radicalization.
Additionally, Coca-Cola has contributed 5.3 billion CFA to peace initiatives in 2023, signaling a commitment to social impact alongside its commercial goals.
However, the expansion has not been without criticism. Concerns have been raised about the factory’s water usage—estimated at nearly three liters per liter of Coca-Cola produced—potentially straining local resources in a region already facing water scarcity.
Recommended Articles
Kelly & Co.'s wins World Branding Award in freeze-dried pet treats category | PetfoodIndustry

The freeze-dried pet nutrition manufacturer secured recognition at the World Branding Awards – Animalis Edition 2025-202...
I gave my baby Coca-Cola, not 'Action Bitters' - Woman in viral video

The woman seen in a viral video feeding a baby from a sachet believed to contain an alcoholic drink has claimed it was f...
Aamir Khan reveals unknown origin story behind iconic ad 'Thanda Matlab Coca-Cola'; reveals it was initially rejected : Bollywood News - Bollywood Hungama

Aamir Khan reveals unknown origin story behind iconic ad ‘Thanda Matlab Coca-Cola’; reveals it was initially rejected Bo...
NYSportsJournalism.com - How Selina Helped Coke Stay No. 1 U.S. Brand

July 19, 2016: For the ninth consecutive year, Coca-Cola has been named the "most powerful brand" in the U.S., topping a...
Domino's is hunting for a new global CEO - again
Investors have been left bewildered by the ongoing leadership instability at Australia’s biggest pizza chain.
You may also like...
Diddy's Legal Troubles & Racketeering Trial

Music mogul Sean 'Diddy' Combs was acquitted of sex trafficking and racketeering charges but convicted on transportation...
Thomas Partey Faces Rape & Sexual Assault Charges

Former Arsenal midfielder Thomas Partey has been formally charged with multiple counts of rape and sexual assault by UK ...
Nigeria Universities Changes Admission Policies

JAMB has clarified its admission policies, rectifying a student's status, reiterating the necessity of its Central Admis...
Ghana's Economic Reforms & Gold Sector Initiatives

Ghana is undertaking a comprehensive economic overhaul with President John Dramani Mahama's 24-Hour Economy and Accelera...
WAFCON 2024 African Women's Football Tournament

The 2024 Women's Africa Cup of Nations opened with thrilling matches, seeing Nigeria's Super Falcons secure a dominant 3...
Emergence & Dynamics of Nigeria's ADC Coalition

A new opposition coalition, led by the African Democratic Congress (ADC), is emerging to challenge President Bola Ahmed ...
Demise of Olubadan of Ibadanland

Oba Owolabi Olakulehin, the 43rd Olubadan of Ibadanland, has died at 90, concluding a life of distinguished service in t...
Death of Nigerian Goalkeeping Legend Peter Rufai

Nigerian football mourns the death of legendary Super Eagles goalkeeper Peter Rufai, who passed away at 61. Known as 'Do...