Monday, 11 January 2010

News Release


ATLANTA, March 16, 2009 - The Coca-Cola Company announced today that it has committed US $30MM over the next six years to provide access to safe drinking water to communities throughout Africa through its Replenish Africa Initiative (RAIN). Implemented by The Coca-ColaAfrica Foundation, RAIN will provide at least 2 million Africans with clean water and sanitation by 2015.

"Africa’s water crisis threatens the health of its population and, therefore, its prospects for economic growth," said Muhtar Kent, President and CEO of The Coca-Cola Company. "Communities need strong, healthy people to thrive, and our business needs strong, healthy communities to grow and be sustainable. Helping African communities tackle their water challenges is an important priority for our Company and our bottling partners and is an area where we can make a positive and lasting impact."

According to the World Health Organization, more than 300 million Africans lack access to safe drinking water, and millions of them die each year from preventable waterborne illnesses. Up to half of the region’s population at any one time suffers from diseases related to unsafe drinking water and poor sanitation.

Between 2004 and 2015, the number of people living without access to safe water in sub-Saharan Africa is expected to increase by 47 million people. Africa is expected to miss the United Nations’ Millennium Development Goals target for access to clean drinking water by 111 million people and the sanitation target by 289 million.

"No single organization can resolve Africa’s development challenges, but together with civic society, nongovernmental organizations and government we can make a positive difference in the lives of the people who make up our communities," said William Asiko, President of TheCoca-Cola Africa Foundation. The Coca-Cola Africa Foundation currently has water projects in 19 African countries – Angola, Egypt, Ethiopia, Ghana, Cote d’ Ivoire, Kenya, Mali, Malawi, Morocco, Mozambique, Niger, Nigeria, Rwanda, Senegal, South Africa, Tanzania, Tunisia, Uganda and Zambia – reaching over 300,000 people.

These water projects are all implemented in partnership with local communities in each country. They also contribute to The Coca-ColaCompany’s aspirational water stewardship goal of returning to communities and to nature an amount of water equivalent to what we use in all of our beverages and their production. The Company’s strategy for achieving that goal has three components:

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