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HomeDaily NewsThursday, July 3, 2025International Trade and Investment News
Business & Economy2 stories from 1 sources

International Trade and Investment News

Africa unites to end donkey skin trade in Abidjan Declaration; Coca-Cola to invest $1.2bn more in Africa.

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CCapital BusinessFirst

News Coverage

Thursday 1:27 PMCapital BusinessFirst

Africa unites to end donkey skin trade in Abidjan Declaration

Africa unites to end donkey skin trade in Abidjan Declaration

African ministers have united to protect donkeys from the rampant skin trade through the Abidjan Declaration, signed during the Pan-African Donkey Conference in Abidjan, Cote d’Ivoire.

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Key Highlights

African ministers have united to protect donkeys from the rampant skin trade through the Abidjan Declaration, signed during the Pan-African Donkey Conference in Abidjan, Cote d’Ivoire.

  • Over 5.9 million donkeys are slaughtered annually, impacting local economies.
  • Niall Duffy, Executive Director of Policy and Profile at The Donkey Sanctuary, emphasized the importance of dignity, equity, and sustainability.
  • The declaration includes a strategy to enhance the livelihoods of communities dependent on donkeys, particularly women and children.
Thursday 1:29 PMCapital Business

Coca-Cola to invest $1.2bn more in Africa

Coca-Cola to invest $1.2bn more in Africa

Coca-Cola plans to invest nearly $1.2 billion in Africa over the next five years, as revealed during the 2025 U.S.-Africa Business Summit in Luanda, Angola. This investment builds upon the company's significant contributions to the continent's economy.

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Key Highlights

Coca-Cola plans to invest nearly $1.2 billion in Africa over the next five years, as revealed during the 2025 U.S.-Africa Business Summit in Luanda, Angola. This investment builds upon the company's significant contributions to the continent's economy.

  • $10.4 billion in value-added economic activity supported by the Coca-Cola system in Africa in 2024.
  • Luisa Ortega, president of the Africa operating unit of The Coca-Cola Company.
  • The Coca-Cola system supported over 1 million jobs in various sectors across Africa.
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