Coca-Cola Beverages Africa secures US$50m in funding for its Ethiopian expansion project

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 launches diet cola in Ethiopia to expand healthy beverages offering

ETHIOPIA – The Coca-Cola Company officially introduced the diet cola, ‘Coca-Cola Without Sugar’ in Ethiopia, joining the 160 countries globally where the brand is currently being sold. The launch portrays the company’s continued investment and […]

Coca-Cola, Dangote eyeing stake in Ethiopian Sugar industry

ETHIOPIA – In the wake of privatizing Ethiopia’s state-owned sugar plants and properties, heavyweight industry players are joining the race with Coca-Cola Company under its subsidiary in Ethiopia and Nigeria-based Dangote Group expressing their interest. […]