ADVERTISEMENT
TechEconomy
Thursday, May 22, 2025
No Result
View All Result
  • News
  • Tech
    • DisruptiveTECH
    • ConsumerTech
      • Accessories
      • Phones
      • Laptop
      • Gadgets and Appliances
      • Apps
    • How To
    • TechTAINMENT
  • Business
    • Telecoms
      • Broadband
    • Mobility
    • Environment
    • Travel
    • Commerce
    • StartUPs
    • TE Insights
    • Security
  • Partners
  • Economy
    • Finance
    • Fintech
    • Digital Assets
    • Personal Finance
    • Insurance
  • Features
    • IndustryINFLUENCERS
    • Guest Writer
    • Appointment
    • EventDIARY
    • Editorial
  • Apply
  • TecheconomyTV
  • Techeconomy Events
  • BusinesSENSE For SMEs
  • TBS
  • News
  • Tech
    • DisruptiveTECH
    • ConsumerTech
      • Accessories
      • Phones
      • Laptop
      • Gadgets and Appliances
      • Apps
    • How To
    • TechTAINMENT
  • Business
    • Telecoms
      • Broadband
    • Mobility
    • Environment
    • Travel
    • Commerce
    • StartUPs
    • TE Insights
    • Security
  • Partners
  • Economy
    • Finance
    • Fintech
    • Digital Assets
    • Personal Finance
    • Insurance
  • Features
    • IndustryINFLUENCERS
    • Guest Writer
    • Appointment
    • EventDIARY
    • Editorial
  • Apply
  • TecheconomyTV
  • Techeconomy Events
  • BusinesSENSE For SMEs
  • TBS
No Result
View All Result
Tech | Business | Economy
No Result
View All Result
Podcast

Home » The Coca-Cola Foundation Awards Grant to GBF Empowering Collectors Initiative

The Coca-Cola Foundation Awards Grant to GBF Empowering Collectors Initiative

Justice Godfrey Okamgba by Justice Godfrey Okamgba
May 31, 2022
in Commerce
0

RelatedPosts

How Businesses In Africa Are using automation

How Businesses in Africa Are Finally Closing the Efficiency Gap with Automation

May 22, 2025

Temu Signs MoU with IACC to Strengthen IP Enforcement

May 22, 2025

The Coca-Cola Foundation has awarded a grant to Growing Business Foundation (GBF) targeted at strengthening the plastic waste management value chain through its Empowering Collectors Initiative (ECI), designed to improve the largely informal plastic waste collection, aggregation and recycling process in Nigeria.

This was disclosed by Managing Director, Coca-Cola Nigeria, Alfred Olajide, on Monday in Lagos, during the launch of the initiative.

It was gathered that the program would run for about 24 months and seeks to enhance environmental resilience by preventing the flow of plastic waste, especially PET, to waterways and landfills through an aggressive and organized system that targets about 25,000 MT of waste.

Olajide was represented at the occasion by Director, Public Affairs, Communications, and Sustainability, Coca-Cola Nigeria, Nwamaka Onyemelukwe.

The President, The Coca-Cola Foundation, Saadia Madsbjerg, explained that the initiative was aimed at creating an economic ecosystem that would not only support environmentally beneficial actions but would also provide women with skills and trainings in the waste management value chain – enabling their economic empowerment and in turn improving quality of life for their families.

According to Madsbjerg, “our commitment is to continue to enable the empowerment of women in as many communities as we can, providing them with the necessary knowledge required to improve their capacity to generate wealth in a more sustainable way and with a positive impact on our environment.”

In her contribution, Founder, Growing Business Foundation, Ndidi Nnoli-Edozie (PhD) expressed pleasure at the support from The Coca-Cola Foundation for the Empowering Collectors Initiative as it has the capacity to impact every aspect of the value chain.

She said, “We are passionate about uplifting and empowering communities as we believe that we can make a difference in the poverty situation across the country. With ECI, we are set to significantly impact the economically vulnerable, help in promoting a circular economy, and ultimately drive down cost of doing business.”

According to her, the ultimate objective of the program is to support and accelerate the growing opportunity spectrum of the bottle-to-bottle recycling value chain which is still nascent in the Country.

The initiative will also empower 3000 female collectors and micro aggregators across six states of Nigeria, representing key hubs where increased urban migration and economic activity coupled with a poor waste management system has exacerbated the waste concerns in the country.

Target participants will receive training on effective and efficient collection methods, hygiene skills while working in waste and will also receive materials including PPE to ensure their safety. The program seeks to help participants, through their transferable skills program, to improve earning capacity of the women by 200 per cent from current earnings of about $2 a day.

It was also gathered that GBF would partner with experienced sector aggregators including RecyclePoints Limited, Greenhill Recycling Limited, RecycleGarb Hub Limited, Fifthseed Recycling Limited, Green Axis, Idrate Solutions Limited, Ceetee Recyclers Limited, Chanja Datti, Recycling Co. Ltd, Trash Monger Limited, WasteXchange Limited, through which the initiative will be implemented across the six regions of the Country.

Growing Business Foundation was founded 21 years ago with a mission to combat poverty and promote sustainable and wholesome existing through meaningful development enterprises amongst the poorest people in Nigeria. They are a Member of the Commonwealth of Nations Initiative.

The Coca-Cola Foundation is the primary international philanthropic arm of The Coca-Cola Company. Since its inception in 1984, The Foundation has awarded more than $1.4 billion in grants to support sustainable community initiatives around the world.

Loading

Advertisements
MTN ADS

Author

  • Justice Godfrey Okamgba
    Justice Godfrey Okamgba

    View all posts
0Shares
Tags: Coca ColaGrowing Business Foundation
Previous Post

Abbey Mortgage Bank Rebounds, Reports N622m Profit in 2021

Next Post

Excitement in Shareholders’ Camp as FirstBank Sheds NPL Burden

Justice Godfrey Okamgba

Justice Godfrey Okamgba

Related Posts

How Businesses In Africa Are using automation
Commerce

How Businesses in Africa Are Finally Closing the Efficiency Gap with Automation

by Joan Aimuengheuwa
May 22, 2025
0

In today’s economy, businesses lose up to 30% of revenue annually due to inefficiencies stemming from outdated systems and manual...

Read more
Temu and International AntiCounterfeiting Coalition - IACC

Temu Signs MoU with IACC to Strengthen IP Enforcement

May 22, 2025
MaxAB-Wasoko acquires Fatura

DEALS: MaxAB-Wasoko Acquires Fatura, Advancing Bold Ambition for Pan-African E-Commerce Consolidation

May 19, 2025
My Airtel App + eShop

Airtel Adds eShop Feature in Upgraded My Airtel App

May 16, 2025
Diana Tenebe writes on Food Insecurity in Nigeria | Nigeria's foodtech sector

Navigating the Maze: Solutions for Nigeria’s Flourishing Foodtech Industry

May 6, 2025
The Industry Summit by The Industry Newspaper | consumer and FCMG

Industry Summit: Experts Unravel How to Navigate Consumer Preferences in the Nigerian FMCG

May 3, 2025
Next Post

Excitement in Shareholders’ Camp as FirstBank Sheds NPL Burden

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

I agree to the Terms & Conditions and Privacy Policy.

This site uses Akismet to reduce spam. Learn how your comment data is processed.

Techeconomy Podcast

Techeconomy Podcast
Techeconomy Podcast

Infowave is brought to you by TechEconomy. Every week we will bring new stories from startups and influencers who are shaping and changing the world we live in. We’ll also bring you reports on topics you should know.

Follow us @techeconomyng for more.

CYBERSECURITY ESSENTIALS
byTecheconomy

BUILDING STRONGER NETWORKS AND COMMUNITIES

CYBERSECURITY ESSENTIALS
CYBERSECURITY ESSENTIALS
April 24, 2025
Techeconomy
Digital Marketing Trends and strategies for 2025 and beyond
February 27, 2025
Techeconomy
Major Lesson for Techies in 2024 and Projections for 2025
December 6, 2024
Techeconomy
Major Lessons for Techies in an AI-Driven World | Techeconomy Business Series Highlights
November 26, 2024
Techeconomy
Maximizing Profitability Through Seasonal Sales: Strategies For Success
November 8, 2024
Techeconomy
Techeconomy Business Series
October 15, 2024
Techeconomy
PRIVACY IN THE ERA OF AI: GETTING YOUR BUSINESS READY
May 30, 2024
Techeconomy
Unravel the Secrets of Marketing Everywhere All At Once with Isaac Akanni from Infobip | Infowave Podcast Episode 1
February 9, 2024
Techeconomy
The Role of Ed-tech in Life Long Learning and Continuous Education
October 19, 2023
Techeconomy
Filmmaking and Technology: A chat with Micheal Chineme Ike
June 7, 2023
Techeconomy
Search Results placeholder

WHAT IS TRENDING

https://www.youtube.com/watch?v=g_MCUwS2woc&list=PL6bbK-xx1KbIgX-IzYdqISXq1pUsuA4dz

Follow Us

  • About Us
  • Contact Us
  • Careers
  • Privacy Policy

© 2025 Techeconomy - Designed by Opimedia.

No Result
View All Result
  • News
  • Tech
    • DisruptiveTECH
    • ConsumerTech
      • Accessories
      • Phones
      • Laptop
      • Gadgets and Appliances
      • Apps
    • How To
    • TechTAINMENT
  • Business
    • Telecoms
      • Broadband
    • Mobility
    • Environment
    • Travel
    • Commerce
    • StartUPs
    • TE Insights
    • Security
  • Partners
  • Economy
    • Finance
    • Fintech
    • Digital Assets
    • Personal Finance
    • Insurance
  • Features
    • IndustryINFLUENCERS
    • Guest Writer
    • Appointment
    • EventDIARY
    • Editorial
  • Apply
  • TecheconomyTV
  • Techeconomy Events
  • BusinesSENSE For SMEs
  • TBS

© 2025 Techeconomy - Designed by Opimedia.

This website uses cookies. By continuing to use this website you are giving consent to cookies being used. Visit our Privacy and Cookie Policy.