Coca-Cola News

Carole Wamuyu Wainaina, incoming COO, Africa50 Infrastructure Fund

Carole Wamuyu Wainaina is Named Chief Operating Officer for Africa50

Africa50, the pan-African infrastructure investment platform capitalized by the African Development Bank, 23 African countries, and two African Central Banks, has appointed Carole Wamuyu Wainaina as Chief Operating Officer.

Yemi Alade and D'Banj with their awards at the MTV Africa Music Awards 2015. Credit: businessoffashion.com/Getty

Why Africa's Musicians Are a Marketing Goldmine

Stylish, dynamic and extremely popular, Africa’s music stars are brand ambassadors for many multinationals in Africa but the fashion industry has yet to grasp their value.

Coca-Cola Buys AB InBev Out of Africa Unit for $3.2 Billion

Coca-Cola Buys AB InBev Out of Africa Unit for $3.2 Billion

Coca-Cola Co. will pay $3.15 billion to buy Anheuser-Busch InBev NV out of an African bottling joint venture after the Budweiser brewer’s takeover of the U.S. beverage company’s partner in the region.

Coca-Cola to buy AB InBev's stake in African subsidiary Coca-Cola Beverages Africa

Coca-Cola to buy AB InBev's stake in African subsidiary Coca-Cola Beverages Africa

Coca-Cola Co said it would exercise its right to buy Anheuser-Busch InBev’s stake in Africa’s biggest Coke drinks bottler, after the brewer’s takeover of SABMiller.

Fund manager sees continuing growth from rising African consumer markets juggernaut.

Fund manager sees continuing growth from rising African consumer markets juggernaut

“Africa is fast becoming an important profit driver for some of the largest multinational consumer based companies,” says Insync’s Monik Kotech.

Coca-Cola announces strategic investment in Nigerian dairy and juice company Chi Limited

Coca-Cola acquires 40% of leading Nigerian dairy and juice company Chi Limited

The Coca-Cola Company and Tropical General Investments Group (TGI Group) – the holding company of Chi Ltd, Nigeria’s leading dairy and juice company – announced on Saturday a binding agreement for The Coca-Cola Company to acquire an initial minority equity shareholding in Chi Ltd.

Fred Swaniker, Founder and Chairman of the African Leadership Group (ALG). Credit: ted.com

Fred Swaniker's plan to build 25 world-class universities in Africa

Fred Swaniker, the founder of the African Leadership Network (ALN), has plans to launch 25 world-class, African-focused universities in the next 25 to 30 years, which he estimates will be educating around 250,000 people at any given time.

South Africa's MTN is the most admired brand in Africa

MTN, Samsung and Coca-Cola top list of most admired brands in Africa

Brand Africa has announced that MTN is the overall best brand in Africa and reclaimed the #1 spot as the Most Admired Brand in Africa at a gala launch of the 4th Annual Brand Africa 100: Africa’s Best Brands at Sandton Convention Center.

Two Rivers, Nairobi, Kenya: The development is a wholly-owned subsidiary of Centum.

Centum Investment Company - Building Value in Kenya: Ryan Hoover, Investment Analyst, Africa Capital Group

It’s gut check time for Kenya investors. The Nairobi Securities Exchange’s main index has lost 31.7% in U.S. dollar terms since the start of the year in response to security concerns, China’s slowing growth, and a brief experiment with a 5% capital gains tax.

Andre de Ruyter, CEO of Nampak Ltd. Photographer: Waldo Swiegers/Bloomberg

Nampak Plans Glass Factories in Africa's Most Populous Nations

Nampak Ltd., Africa’s biggest maker of beverage cans, has agreed with partners to build glass-bottle manufacturing plants to take advantage of growing demand for packaged consumer goods and bottled drinks in the two countries where a quarter of Africans live — Nigeria and Ethiopia.

Nairobi, Kenya

Why And How You Can Profit Investing In Africa's 1.1 Billion Consumers

In the book “Win the Leadership Game – How Companies Can Create Unbeatable Global Teams,” by Jason Wingard, Vijay Mahajan is interviewed on the opportunities he sees in Africa.

Foreign direct investment in Africa surges

Foreign direct investment in Africa surges

Africa is the world’s fastest-growing region for foreign direct investment, according to a report from fDi Intelligence, a data division of the Financial Times group.

Victoria Island, Lagos, Nigeria

Develop a strategy for Africa now before it's too late, say Africa investment specialists Melissa Cook, CFA & Walé Adeosun, CFA

An advisory council appointed by US Secretary of Commerce Penny Pritzker to expand business opportunities in Africa is now in full swing.

M-PESA

Fact of the Day: Mobile money service M-PESA is Kenya's top brand

Mobile money payment service M-PESA has been voted as Kenya’s leading brand in the Top 20 super brands in Kenya survey.

Johannesburg, South Africa

Investors keep an eye on the big picture in Africa, in spite of short-term challenges

Concerns about the scale of the Ebola crisis and plunging commodity prices would have had investors fleeing Africa not that long ago. But dealmaking in the sub-Saharan region is buoyant as most investors set aside short-term worries and bet big on growth.

The long case for the Global X Nigeria exchange-traded fund (ETF)

The long case for the Global X Nigeria exchange-traded fund (ETF)

Wall Street and the rest of the world has watched as oversupply has caused oil prices to plummet from well above $100 a barrel to below $70 a barrel in a matter of weeks. This has caused mass hysteria, leading to overselling of many otherwise sound assets.

Miller beer by SABMiler

M&A activity heats up in Africa as investors bet on growth

Concerns on the scale of the Ebola crisis, current levels of political unrest and plunging commodity prices would have sent investors rushing out of Africa not long ago.

Doug Smart, General Manager, KFC Africa

How to succeed in selling to consumers in South Africa

Doug Smart, KFC’s general manager in Africa, is mulling the challenges his company faces in appealing to a cross-section of South Africans one morning at a restaurant in Johannesburg.

Muhtar A. Kent, CEO of Coca-Cola

Coca-Cola & SABMiller strike deal to create Africa's largest bottling operation

SABMiller Plc (SAB) and Coca-Cola Co. (KO) will combine bottling operations for non-alcoholic beverages in southern and eastern Africa, forming the continent’s largest Coca-Cola bottler with annual revenue of almost $3 billion.

Brand Africa 100 - 2014

Fact of the Day: MTN is the most valuable brand in Africa - Brand Africa announces top 100 brands in Africa for 2014

The annual ranking of the most admired and most valuable brands in sub-Sahara Africa, Brand Africa 100, was announced earlier today at the Nairobi Securities Exchange, in Nairobi, the capital of Kenya.

SevenUp (7-Up)

Is Nigeria's 7-Up Bottling Company a Bargain?

You don’t have to spend much time in Africa to realize that Coke has the upper-hand in the continent’s cola war.

Coca-Cola Bottles

Coca-Cola's $5B investment in Africa impacts its stock price

Coca-Cola and Pepsi have been battling for global soft drink supremacy since the latter part
of the 19th century.

Business

Doing Business In Sub-Saharan Africa: Six Aspects To Consider

Many companies from the developed world are setting their sights on Africa as a new frontier for business.

Cyril Ramaphosa

Cyril Ramaphosa Said to Swap Banks for Burgers as He Takes Office

Cyril Ramaphosa, who took office yesterday as South Africa’s deputy president, agreed to trade his interests in regulated businesses in exchange for stakes in consumer goods companies to avoid conflicts of interest, according to two people with knowledge of the matter.