Coca-Cola Nigeria Limited (CCNL) says it is supporting Nigerian businesswomen as their success creates a ripple effect of positive results in local communities.
In a statement to mark International Women’s Day, the company said successful women-owned businesses refresh local economies and make a difference in their lives.
“This year, in line with the UN’s theme for International Women’s Day, “Invest in Women: Accelerate Progress,” we celebrate the women across the Coca-Cola system – from our associates to women entrepreneurs in our value chain who are running small businesses in local communities.”
It added that for decades, Coca-Cola had distinguished itself as a champion for women’s economic empowerment and development through diverse and impactful initiatives.
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“The company has driven positive change for Nigerian women, from fostering female leadership within its organization to equipping women entrepreneurs across its value chain.”
“Women empowerment is deeply embedded in Coca-Cola’s core values, aspiring to a 50% female representation in its leadership by 2030. By nurturing female leadership talent internally and empowering women entrepreneurs externally, Coca-Cola continues to play a crucial role in driving sustainable and inclusive growth across Nigeria.”
It noted that in recognizing the vital role women entrepreneurs play in the Nigerian economy, it established a strong commitment to their success with programs like 5 by 20, Lady Mechanic Initiative, ENGINE, Catalyst for Change and EQUIP 60,000 etc offering practical training and valuable resources, propelling women to launch and grow their businesses, leading to flourishing businesses, uplifted families, and empowered communities.
“Beyond national initiatives, Coca-Cola through its philanthropic arm, The Coca-Cola Foundation funded the pan-African JAMII Femmes Initiative with Women in Africa (WIA). This ambitious program aims to accelerate the growth of 14,000 women entrepreneurs across Nigeria, Kenya, and Ivory Coast. Chioma Echegwesi, a Nigerian agritech entrepreneur, exemplifies the program’s transformative impact.”
