Coca-Cola launches new sustainability platform in Africa dubbed JAMII

AFRICA – Coca-Cola Africa Operating Unit (AOU) and its bottling partners have announced the launch of JAMII, the new Africa-focused sustainability platform that houses the Company’s existing and new sustainability initiatives. Through this signature platform, Coca-Cola hopes to attract like-minded partners to help accelerate the on-the-ground impact of its initiatives. The new platform will build and expand on the past accomplishments…

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The Coca-Cola Company and partners commit US$17m in fight of COVID-19 in Africa

AFRICA – The Coca-Cola Company together with the Coca-Cola System, comprising of its bottling partners worldwide and the company’s global philanthropic arm, The Coca-Cola Foundation (TCCF) has committed US$17m across Africa in response to COVID-19 pandemic. With the tag line “In this Together,” the beverage company in partnership with NGOs have been deploying a range of resources, including capabilities, funds and…

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Standard Bank unlocks US$50m in funding for Coca-Cola’s expansion in Ethiopia

ETHIOPIA – Standard Bank, financial services group, has successfully arranged and structured US$50 million in financing facilities for Coca-Cola Beverages Africa (CCBA) to support its expansion strategy in Ethiopia over the next five years. The Coca-Cola Company holds a majority stake in CCBA, which is the largest bottler of Coca-Cola beverages in Africa – serving 13 countries on the continent…

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Matthieu Seguin takes the reigns at Nigeria Bottling Company

NIGERIA – The Nigerian Bottling Company (NBC) Limited, franchise bottler of the Coca-Cola Hellenic Bottling Company has announced the appointment of Matthieu Seguin as its new Managing Director. Seguin succeeds Georgios Polymenakos who took office in July 2016 to October 2019. According to a statement signed by the Public Affairs and Communications Director for NBC, Mr Ekuma Eze, Seguin was…

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Coca-Cola plans US$1bn investment in Southern and East African regions

AFRICA – The Coca-Cola Company plans to invest US$1 billion in its Southern and East Africa region operations over the next five years. Speaking during the World Economic Forum (WEF) on Africa conference, in South Africa, president South and East Africa business unit, Bruno Pietracci said that the local market still held great potential for the group, reports Business Live.…

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Centum Investment to sell stakes at Coca-Coca bottlers for US$192.5m

KENYA – Kenya’s Centum Investment is set to sell its stakes held in two Coca-Cola franchise bottlers in Kenya, Almasi Beverages Limited and Nairobi Bottlers, at a total valuation of US$192.5 million (Shs 19.5 billion). The company’s chief execytive officer, James Mworia, said that Centum has entered into an agreement to sell its stakes in the two bottlers to Coca…

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CCBA completes acquisition of Zambia bottling business from Zambian Breweries

ZAMBIA – Zambian Breweries has finalised the sale of its Coca-Cola bottling business to Coca-Cola Beverages Africa (CCBA), as CCBA continues its journey to consolidate its soft beverage bottling operations in Africa. Zambia Breweries, which a subsidiary of Anheuser-Busch InBev (AB InBev), the largest brewer in the world, is Zambia’s leading beer producer with such brands as Mosi, Castle, Carling Black…

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