Coca-Cola acquires minority shareholding in Nigeria’s Chi Limited

Coca-Cola acquires minority shareholding in Nigeria’s Chi Limited

Coca-Cola acquires initial minority shareholding in Nigeria’s leading value-added dairy, juices and snacks business to expand its African stills beverage portfolio LAGOS, Nigeria, Jan. 30, 2016 – The Coca-Cola Company (NYSE: KO) and Tropical General Investments Group (TGI Group) – the holding company of Chi Ltd, Nigeria’s leading dairy and juice company – announced a binding agreement for…

Volkswagen to set up new automotive assembly in Ethiopia

28 Janury 2018: A Memorandum of Understanding (MoU) was signed by Thomas Schaefer, Head of the Volkswagen Sub-Saharan Africa Region, and the Commissioner of the Ethiopian Investment Commission (EIC), Abebe Abebayehu, today. The MoU is based on: vehicle assembly, localization of automotive components, mobility concepts, opening of a training center in Ethiopia. In signing the…