Accueil > International > Coca-Cola is Making Big Profits Thanks to African Workers

Coca-Cola is Making Big Profits Thanks to African Workers

lundi 14 octobre 2002

 Coca-Cola is the most important private sector employer in Africa : it employs 100 000 people to distribute Coca-Cola products in all African countries, except two.

 In 2001 Coca-Cola’s turnover in Africa reached $621 million and represented the highest growth rate of the company’s sales in the world. The same year AIDS killed more than 2.3 million people on the African continent.

 Coca-Cola’s profit margin in Africa is predicted to grow by 12% in the coming 4 years, well beyond its profit margins in all other regions in the world.

 The most profitable markets for Coca-Cola on the African continent are in sub-Saharian Africa where 26 million people are living with HIV/AIDS.

 95% of the 40 million people living with HIV/AIDS in the world have no access to treatments and care because political officials and CEOs of multinational corporations consider treating them an unprofitable investment of capital.

 In 2001 Coca-Cola’s total turnover in the world was $20 billion.

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 October 16-17 : a global protest movement against Coca-Cola
 AIDS in Africa : Coca-Cola Lets Its Workers Die
 Problems with the Coke’s Initiative
 Our Protest Movement
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