Nairametrics
  • Home
  • Exclusives
    • Analysis
    • Corporate Stories
    • Interviews
    • Investigations
    • Ranking & Reviews
  • Markets
    • Cryptos
    • Commodities
    • Equities
      • Dividends
      • Stock Market
    • Fixed Income
    • Market Views
    • Securities
  • Industries
    • Company News
    • Consumer Goods
    • Content Partners
    • Corporate deals
    • Corporate Press Releases
    • Energy
    • Entertainment
    • Financial Services
    • Hospitality & Travel
    • Manufacturing
    • Real Estate and Construction
    • Tech News
  • Economy
    • Get Data
    • Macro-Economic News
    • Research Analysis
  • General News
  • Financial Literacy
    • Career tips
    • Personal Finance
  • Lifestyle
    • Billionaire Watch
    • Profiles
  • Opinions
    • Blurb
    • Op-Eds
No Result
View All Result
  • Home
  • Exclusives
    • Analysis
    • Corporate Stories
    • Interviews
    • Investigations
    • Ranking & Reviews
  • Markets
    • Cryptos
    • Commodities
    • Equities
      • Dividends
      • Stock Market
    • Fixed Income
    • Market Views
    • Securities
  • Industries
    • Company News
    • Consumer Goods
    • Content Partners
    • Corporate deals
    • Corporate Press Releases
    • Energy
    • Entertainment
    • Financial Services
    • Hospitality & Travel
    • Manufacturing
    • Real Estate and Construction
    • Tech News
  • Economy
    • Get Data
    • Macro-Economic News
    • Research Analysis
  • General News
  • Financial Literacy
    • Career tips
    • Personal Finance
  • Lifestyle
    • Billionaire Watch
    • Profiles
  • Opinions
    • Blurb
    • Op-Eds
No Result
View All Result
Nairametrics
No Result
View All Result
Home Industries Company News

5by20 Initiative: Coca-Cola empowers 50 internally displaced women.

Fikayo Owoeye by Fikayo Owoeye
January 5, 2018
in Company News, Corporate Press Releases, General News
5by20 Initiative: Coca-Cola empowers 50 internally displaced women.

Muhtar Kent, Chairman and Chief Executive Officer. Coca Cola

Share on FacebookShare on TwitterShare on Linkedin

Coca-Cola Nigeria has announced a micro business empowerment scheme for over 50 internally displaced women.

The project was part of the company’s  “5by20 Women Economic Empowerment Initiative” which sought to provide quality personal development and small business appreciation training for women.

The two-day programme tagged IDP Women Value Chain Integration Programme empowered women with assets that would enable them to start their respective small-scale businesses.

Public Affairs Communications Manager, Coca-Cola Nigeria, Amaka Onyemelukwe, was quoted as saying:

“We believe there is no better investment than women to spur economic growth and foster sustainable development. Women are pillars of the communities we serve and pillars of our business. They will play a transformative role in shaping our global economy over the next decade.

“In 2007, the Coca-Cola Company started the Global Women’s Initiative known as 5by20 as part of our 2020 Vision to support women in global leadership positions, grow our pipeline of female talent and empower women of all cadres to be financially empowered, thereby creating a sustainable society.”

During the programme, the women were taught different methods and skills needed to successfully run a micro business, business sustenance and money-saving techniques, customer relationship management, as well as the knowledge of the right attitude to run a successful business,  the statement added.

Overwhelming evidence indicates achieving equality and empowerment for women entrepreneurs has immediate impacts that benefit them directly as well as society and the economy. As pillars of communities, women invest a sizable portion of the income they earn on the health and education of their children and in their local economies, creating a tremendous economic impact.

The 5by20 initiative aims to enable the economic empowerment of 5 million women entrepreneurs in the  global value chain by 2020. In collaboration with Non-Governmental Organizations (NGOs), governments and businesses.

The initiative helps female entrepreneurs associated with the business gain access to three essential economic enablers:

  • Business skills training.
  • Loans and financial services and assets.
  • Peer networks and mentoring.

The 5by20 initiative focuses on women in six segments of the value chain: producers, suppliers, distributors, retailers, recyclers and artisans. .

5by20 has enabled more than 513,000 women entrepreneurs in 2016 across the globe and a total of more than 1.75 million since 2010. In 2016, 5by20 expanded by 41 percent in total, reaching over 513,000 women, and broadening into four new markets: Australia, Guatemala, Italy and Poland.

Production of Coca-Cola began at a bottling facility in Lagos in 1953. While in 2015, for the first time in Nigeria, Coca-Cola swapped its iconic logo with some popular names among Nigerians .

Related

Tags: 5by20 initiativeAmaka OnyemelukweCoca-Cola Nigeria
Access Bank
Bankers Committee
First bank


Flowmono

Bfpeer
Mega Millions
FCMB
Ikeja Electrics
Zenith CEX
Kwakol Markets




    Business News | Stock Market | Money Market | Cryptos | Financial Literacy | SME |

    Recent News

    • Zinox says it is not ready for Jumia acquisition
    • 5 cryptos that could strengthen your portfolio in June
    • LASACO Assurance records 24% drop in Q1’22 gross premium

    Follow us on social media:

    Recent News

    Konga compliance debuts to boost standards

    Zinox says it is not ready for Jumia acquisition

    May 23, 2022
    5 cryptos that could strengthen your portfolio in June

    5 cryptos that could strengthen your portfolio in June

    May 23, 2022
    • ABOUT US
    • CONTACT US
    • PRODUCTS
    • ANDROID APP
    • iOS APP
    • DISCLAIMER
    • CAREERS
    • PRIVACY POLICY

    © 2022 Nairametrics

    No Result
    View All Result
    • Home
    • Exclusives
      • Analysis
      • Corporate Stories
      • Interviews
      • Investigations
      • Ranking & Reviews
    • Markets
      • Cryptos
      • Commodities
      • Equities
        • Dividends
        • Stock Market
      • Fixed Income
      • Market Views
      • Securities
    • Industries
      • Company News
      • Consumer Goods
      • Content Partners
      • Corporate deals
      • Corporate Press Releases
      • Energy
      • Entertainment
      • Financial Services
      • Hospitality & Travel
      • Manufacturing
      • Real Estate and Construction
      • Tech News
    • Economy
      • Get Data
      • Macro-Economic News
      • Research Analysis
    • General News
    • Financial Literacy
      • Career tips
      • Personal Finance
    • Lifestyle
      • Billionaire Watch
      • Profiles
    • Opinions
      • Blurb
      • Op-Eds

    © 2022 Nairametrics

    Social Media Auto Publish Powered By : XYZScripts.com