– Business, Finance, Markets & Economic News
  • Home
  • Economy
  • Business
  • Markets
  • Finance
  • Credit Ratings
  • Policy
  • Tech
– Business, Finance, Markets & Economic News
  • Home
  • Economy
  • Business
  • Markets
  • Finance
  • Credit Ratings
  • Policy
  • Tech
Top News
De Beers Transfers $75 Million to Botswana Diamonds for Development Fund
South Africa’s Exports to China Rise 25% After Beijing Introduces Zero-Tariff Scheme
Dangote Plans Cross-Border Petroleum Distribution Network Across Africa
Kenya Secures $160 Million Deal to Expand Wildlife Conservation Efforts
Ghana Orders Mining Wage Standardization Ahead of Shift to Local Contractors
Chery to Begin Omoda C4 Production in South Africa as It Targets Export Growth
Uganda’s Export Earnings Jump 36% to $1.5 Billion as Gold Shipments Surge
Nigeria Targets 7% Annual Growth as Finance Minister Rules Out Return of Petrol Subsidy
South Africa Cuts Bond Issuance as Treasury Projects Debt Peak and Reintroduces Fuel Levy Relief
Dangote Acquires 25% Stake in Kenya Pipeline Company in $327 Million Deal
South Africa’s Consumer Inflation Rises to 4.5% in September as Energy Costs Climb
Goldman Sachs Sees Upside Risk to Brent Forecast as Crude Freight Rates Surge
BHP Copper Production Falls 19% to 401,000 Tonnes in September Quarter
Senegal Bonds Fall as Sonko Opposes Budget Bills and Debt Restructuring
Egypt Signs $202 Billion Deal With Talaat Moustafa Group for Four Real Estate Projects
SUBSCRIBE
– Business, Finance, Markets & Economic News
Subscribe
– Business, Finance, Markets & Economic News
  • Home
  • Economy
  • Business
  • Markets
  • Finance
  • Credit Ratings
  • Policy
  • Tech
Copyright 2026 - All Right Reserved
Home » Markets » Coca-Cola Commits $1.94 million to Restore Tanzania’s Ruvu Basin
Markets

Coca-Cola Commits $1.94 million to Restore Tanzania’s Ruvu Basin

by Mintesinot Nigussie March 26, 2026
written by Mintesinot Nigussie March 26, 2026
FacebookTwitterLinkedinEmail
172

MOROGORO, Mar 26 – The Coca-Cola system is investing $1.94 million to restore the Ruvu Basin, Dar es Salaam’s main water source that supports nearly nine million residents, surrounding farms, and regional businesses.

The project targets the Ngerengere catchment of the Ruvu sub-basin with nature-based solutions, including reforestation, restoring degraded land, and supporting climate-resilient farming. At least 2,000 farmers are expected to benefit directly.

Alfred Olajide, Vice President for Franchise Operations in East and Central Africa at Coca-Cola, said water is getting tighter across the region. “The world is seeing more water insecurity, and in some areas, the demand for safe, usable water is already higher than what’s available,” he said.

He added that the challenge is only going to grow and that the company is focusing on better water stewardship, using water more efficiently, and making sure safe water gets back to communities.

You Might Be Interested In
  • Oil Surges 10% on Iran Conflict, Analysts Warn of Possible $100 Spike

David Chait, Managing Director of Coca‑Cola Kwanza, added: “As part of the Coca‑Cola Beverages Africa group, we have a responsibility to assist those who face water scarcity and to help protect local water resources where we operate, especially in places with the biggest challenges. The Coca‑Cola system’s Africa Water Stewardship Initiative aims to help protect and enhance the health of important watersheds and to improve access to water and sanitation services in local communities.”

Charles Oluchina, Country Representative of International Union for Conservation of Nature in Tanzania, said his organization is proud to be leading the project alongside WRBWB. He added that the initiative will focus on restoring the Ruvu sub-basin, especially the Ngerengere catchment, using nature-based solutions to improve water security and support local communities’ livelihoods.

“Recognising that partnerships are critical to support this work, Coca‑Cola and its authorized bottlers are collaborating with governments, businesses, and civil society organizations to design and implement strategic interventions for a better shared future,” concluded Olajide.

The Ruvu River supplies the vast majority of municipal water to Tanzania’s largest city and coastal region, accounting for about 87 percent of water delivered by the Dar es Salaam Water and Sanitation Authority (DAWASA). Data shows the city’s daily water demand is roughly 770 million litres, while current production capacity stands at about 534 million litres per day, highlighting the pressure on the basin.

The project is part of Coca-Cola’s Africa Water Stewardship Initiative, launched in 2024, which plans nearly $25 million in investment across 20 African countries by 2030 to strengthen water resources.

Coca-Cola Beverages Africa, the continent’s largest Coca-Cola bottler, operates in 14 countries, accounts for over 40 percent of Coca-Cola’s ready-to-drink beverages sold in Africa, and serves more than 840,000 customers.

You may also like

Senegal Extends Sale of $719 Million Local-Currency Bond

Read Next

  • Africa’s Largest Lender Backs Dangote Refinery IPO, Signals Support for Future Expansion

    June 10, 2026
  • IMF Says Nigeria Omitted Public Spending Equivalent to 2% of GDP From Official Budgets

    July 1, 2026
  • IMF Approves $91 Million in Funding for Niger After Programme Review

    February 19, 2026
  • Woolworths Earnings Rise on Strong Festive Sales, Declares Higher Interim Dividend

    March 4, 2026
  • South Africa’s Sasol Secures EU Certification for Sustainable Jet Fuel Exports

    April 23, 2026

Newsletter

Subscribe to our newsletter for trusted insights on Africa’s economies, markets, and business.

African Economy Inc. Logo

About Us

We are a business and economic intelligence platform delivering in-depth reporting, analysis, and insights on markets, companies and economic developments across Africa.

Our Company

  • AEI Intelligence
  • About
  • Editorial Standard
  • Partnerships
  • Advertise With Us
  • Careers
  • Ownership

News

  • Economy
  • Business
  • Markets
  • Finance
  • Credit Ratings
  • Policy
  • Tech

Useful Links

  • Privacy Policy
  • Terms of Use
  • Closed Captioning Policy
  • Accessibility Statement
  • Personal Information
  • Data Tracking
  • Register New Account

Subscribe Newsletter

Subscribe to our newsletter for trusted insights on Africa’s economies, markets, and business.

©2026 Majons Media Inc. All Rights Reserved.

Facebook Twitter Instagram Linkedin
Manage Consent
To provide the best experiences, we use technologies like cookies to store and/or access device information. Consenting to these technologies will allow us to process data such as browsing behavior or unique IDs on this site. Not consenting or withdrawing consent, may adversely affect certain features and functions.
Functional Always active
The technical storage or access is strictly necessary for the legitimate purpose of enabling the use of a specific service explicitly requested by the subscriber or user, or for the sole purpose of carrying out the transmission of a communication over an electronic communications network.
Preferences
The technical storage or access is necessary for the legitimate purpose of storing preferences that are not requested by the subscriber or user.
Statistics
The technical storage or access that is used exclusively for statistical purposes. The technical storage or access that is used exclusively for anonymous statistical purposes. Without a subpoena, voluntary compliance on the part of your Internet Service Provider, or additional records from a third party, information stored or retrieved for this purpose alone cannot usually be used to identify you.
Marketing
The technical storage or access is required to create user profiles to send advertising, or to track the user on a website or across several websites for similar marketing purposes.
  • Manage options
  • Manage services
  • Manage {vendor_count} vendors
  • Read more about these purposes
View preferences
  • {title}
  • {title}
  • {title}
– Business, Finance, Markets & Economic News
  • Economy
  • Business
  • Markets
  • Banking & Finance
  • Energy
  • Tech
  • Policy
  • African Economy Inc.