The Coca-Cola Company and the U.K.
Government of International Development (DFID) today announced a
partnership to help young women living in Nigeria by providing them with the access
to education and business skills that will help them succeed.
Together, The Coca-Cola Company and DFID will invest more than £7 million to provide opportunities for these Nigerian young women. They are working in partnership with implementing partner Mercy Corps to launch the Educating Nigerian Girls in New Enterprises (ENGINE) program. ENGINE will empower more than 10,000 young women by providing them with training programs designed to build their financial, entrepreneurial and leadership skills. Upon completion, each woman has the opportunity to choose from a number of businesses and employment opportunities, including assistance in starting their own businesses as micro-retailers of Coca-Cola products.
“At Coca-Cola, we believe that our business is only as strong and sustainable as the communities in which we operate, and that investing in women’s education and careers spurs economic growth and fosters sustainable development. This partnership demonstrates Coca-Cola’s belief that many of the world’s most pressing challenges can best be addressed by governments, business and civil society working together as partners to create lasting, sustainable solutions,” said Adeola Adetunji, Managing Director, Coca-Cola Nigeria Limited.
The Coca-Cola Company is contributing to the program through 5by20, its global commitment to enable the economic empowerment of five million women entrepreneurs across the Company’s value chain by 2020. Launched in four markets in 2010, 5by20 now has programs in more than 20 countries. By the end of 2012, approximately 300,000 women from around the world were impacted in total through the initiative.
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