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Coca-Cola Targets Total Renewable Energy Adoption by 2040

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Coca Cola Total Renewable Energy Adoption

By Adedapo Adesanya

The Coca-Cola Hellenic Bottling Company (CCHBC) has announced its commitment to achieving net-zero emissions across its entire value chain by 2040.

The commitment, which was recently launched across 28 markets by the leading bottlers of the Coca-Cola brands, represents a bold response to the global concerns around climate emergency and its threats to the future of the planet.

The company aims to achieve this total renewable energy adoption target through the adoption of several initiatives, including the investment of €250 million in emissions reduction initiatives by 2025; switching to 100 per cent renewable electricity and low carbon energy sources; accelerating efforts towards low carbon packaging by increasing rPET use and adopting package-less and refillable options and removing plastics in secondary packaging.

The organisation also plans to provide energy-efficient and eco-friendly coolers to customers, reduce emissions from agricultural ingredients and implement a “Green Fleet” programme to switch to low and no-carbon alternatives.

Commenting on the initiative, Mr Zoran Bogdanovic, CEO of Coca-Cola HBC, said, “This commitment is the ultimate destination of a journey that we started many years ago. It is fully aligned with our philosophy to support the socio-economic development of our communities and to make a more positive environmental impact. Both are integral to our future growth.

“Although we don’t yet have all the answers, our plan, track record and partnership approach give us confidence that we will deliver.”

Also commenting on behalf of one of the company’s partners, Mr Markus Pfanner, Vice President, Sustainability Tetra Pak, said: “As Tetra Pak also has a net-zero target and SBTi approved 1.50 aligned 2030 targets, we look forward to working with Coca-Cola HBC to reduce GHG emissions and together achieve our joint aims.”

In Nigeria, NBC is playing its role to accelerate efforts towards reaching this target through several interventions.

The company commenced the transition of four of its manufacturing plants in Maiduguri, Kano, Asejire and Abuja, to renewable energy sources through the installation of solar power infrastructure. These efforts deliver up to 2,650 KWP to the facilities, and the expansion phase will even deliver more carbon footprint reduction.

Furthermore, NBC has completed the installation of Combined Heat and Power Plants (CHP) at four of its manufacturing plants which has resulted in a significant reduction of its carbon footprint across the country. With the CHPs, heat emission that would have been lost is effectively channelled back into powering boilers at the plants.

As an innovative leader in water stewardship, the company has also ensured that all its manufacturing facilities have effluent treatment plants which ensure that wastewater released from operations are safe for plant and animal life.

As a confirmation, all NBC plants have received the prestigious Alliance for Water Stewardship certification, the highest global benchmark for responsible water stewardship.

Speaking on the company’s interventions so far, the Managing Director at NBC, Mr Mathieu Seguin, said, “Climate change is a global emergency that requires deliberate, proactive and coordinated efforts to be mitigated. We have seen its impact on agriculture and food production, rising sea levels, declining biodiversity, and the threat to coastal communities.

“We are passionate about leading efforts that strengthen the sustainability of the environment while supporting the socio-economic development of our communities. These priorities are integral to our future growth and central to our values as an organization.”

Through an existing and approved science-based target, the CCHBC is aiming at a 25 per cent reduction in its value chain emissions by 2030 and a further 50 per cent reduction the following decade.

To address the 90 per cent of emissions resulting from third party actions, the company is broadening the existing partnership approach with suppliers whilst also investing in other climate protection measures wherever emissions cannot be eliminated entirely.

Adedapo Adesanya is a journalist, polymath, and connoisseur of everything art. When he is not writing, he has his nose buried in one of the many books or articles he has bookmarked or simply listening to good music with a bottle of beer or wine. He supports the greatest club in the world, Manchester United F.C.

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NIMASA Clarifies Use of Technology in Concession of Operations

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NIMASA

By Adedapo Adesanya

Nigerian Maritime Administration and Safety Agency (NIMASA) has said that its resolve to embrace technology as a means of enhancing capacity to deliver on its regulatory mandate more effectively and generate additional revenue for the government is being misinterpreted in some quarters as concession of its operations.

NIMASA, in a statement, said a pivotal innovation in this regard is the Maritime Enhanced Monitoring System (MEMS).

“This system brings digital traceability to the core of Nigeria’s maritime operations. MEMS provides real-time visibility into vessel movements, operational logs, and regulatory interactions. Through automated alerts, smart invoicing, and centralized data integration, NIMASA can now detect, document, and respond to maritime activities with greater precision and efficiency—eliminating unnecessary bottlenecks while strengthening compliance,” it stated.

It listed additional recipients targeted as waste reception services, a routine operation for both domestic and international vessels have traditionally lacked proper tracking, resulting in unmonitored activities and significant revenue losses.

“With MEMS, each waste offload can be logged, time-stamped, and automatically billed, converting previously missed opportunities into a consistent revenue stream while ensuring environmental standards are met,” the statement said.

“Marine pollution control, another critical area of NIMASA’s mandate, has similarly been constrained by limited digital tools. In the absence of satellite tracking and automated reporting, pollution events often go unnoticed or are reported too late to mitigate their impact. With the integration of modern surveillance systems, digital logbooks, and real-time alerts, NIMASA can now respond swiftly to such incidents, recover environmental damages, and hold polluters accountable—both legally and financially.

“It is important to emphasize that past revenue shortfalls experienced by the Agency mainly stemmed from outdated manual processes, fragmented data systems, and insufficient digital enforcement mechanisms which allowed some external elements to capitalize on the loopholes for personal gains .

“The current reforms being implemented by NIMASA are focused squarely on overcoming these limitations. By investing in digital infrastructure and streamlining monitoring systems, the Agency is positioning itself to fulfill its statutory obligations with transparency, efficiency, and accountability,” it added.

NIMASA therefore called for the support of its transformation journey as it aligns with the broader national objectives of the Ministry of Marine and Blue Economy under the Renewed Hope Agenda of President Bola Tinubu.

“The Agency remains committed to strengthening Nigeria’s maritime governance, ensuring environmental safety, and optimizing revenue for the nation,” the statement said.

“It is worthy of note that the Deep Blue Project of the Agency which now enjoys global recognition also witnessed such resistance at the initial stage,” it stated.

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Innovate Africa to Tackle Wickedest Problems on World Product Day 2025

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World Product Day 2025

By Adedapo Adesanya

Innovate Africa, the product-led fund backing bold early-stage innovators, has announced it will host the Lagos edition of World Product Day 2025 on Wednesday, May 21, 2025,  at The Strong Tower Hall in Lagos to tackle the world’s “wickedest” problems.

The one-day conference marks the culmination of a continent-wide transformative sprint, moving from grassroots problem identification to prototype-ready solutions that address Africa’s most complex and urgent challenges.

According to a statement shared with Business Post, World Product is a global initiative by Mind the Product, celebrated in over 100 cities worldwide. Curated by Innovate Africa, the Lagos gathering offers a high-impact, single-day conference that connects product builders, engineers, founders, and enterprise teams through thought leadership discussions, practical learning, and talent engagement.

Themed Bold Builders Wanted, the initiative began in March with an open Ideathon, which crowdsourced real-world challenges from across the continent. Innovate Africa distilled the hundreds of entries into  12 “wicked problems” spanning healthcare, climate resilience, digital infrastructure, consumer protection, and public services.

In April, the fund assembled multidisciplinary teams and product owners, who through structured sprints pushed each idea to prototype stage. The top 5 teams will pitch their solutions live in Lagos for a $2,000 grand prize and a comprehensive post-event support package designed to help transform early-stage ideas into scalable ventures. In addition, finalist teams could receive incubation support, or mentoring.

Set to bring together up to 250 curated participants, including mid- to senior-level professionals, founders, hiring managers, and ecosystem leaders, confirmed speakers include Mr Mustapha Otaru, Chief Product Officer at Sterling Bank; Mr Andrew Obuoforibo, Head of Product at 54 Collective; and Mr Isma’il Shomala, Chief Product Officer at Go Money.

In addition to the hackathon finale, the event highlights will include: Product Career Fair, a curated matchmaking between top-tier product and engineering talent and leading African tech employers; Hands-On Product Workshops, a facilitated training on customer discovery, product strategy, and experimentation; and Fireside Chats & Panels, an intimate discussions with product executives, including a spotlight session with top tech companies in Africa, including Moniepoint.

Kristin H. Wilson, Managing Partner of Innovate Africa Fund, said “Too many of Africa’s wicked problems are still meeting surface solutions –  shiny tech, borrowed models from markets such as the US, and large funding rounds – before the problem has been clearly defined.

“If we really want to solve these challenges, we need to start by listening, get clear on what’s broken and then roll up our sleeves with  builders who lead with empathy,  context, and a bias for execution. That’s really what World Product Day Lagos is about – a day to move lived experience into tested prototypes and to line up capital, expertise and networks that can carry the strongest ideas to product-market fit.”

Product builders, engineers, founders, and enterprise teams are invited to register at https://lu.ma/jnjimijz to attend World Product Day Lagos 2025 and be part of a movement turning bold ideas into breakthrough products.

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Adeleke Lauds Dangote for Distributing 30,000 Bags of Rice in Osun

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dangote rice mill sokoto1

By Modupe Gbadeyanka

The Governor of Osun State, Mr Ademola Adeleke, has praised prominent Nigerian businessman, Mr Aliko Dangote, for the distribution of 30,000 bags of rice to economically challenged persons in the state.

Mr Dangote shared the staple food over the weekend through his Aliko Dangote Foundation (ADF) under the National Food Intervention programme.

Mr Adeleke, while flagging off the distribution, expressed gratitude to the industrialist and philanthropist for the unwavering commitment to the well-being of the vulnerable as well as the fight against hunger and poverty in Nigeria and Africa.

He said the distribution of 30,000 bags of 10 kg size of rice to all vulnerable groups in all the local government areas of Osun state would go a long way in alleviating the food crisis facing them due to the food inflation ravaging the country and Africa at large.

The Governor, represented by the state’s Commissioner for Agriculture and Food Security, Mr Tola Faseru, saluted Mr Dangote for the effort to support Osun state at this time of economic challenges impacting the vulnerable people in society.

“The distribution of these bags of rice to the indigents is a significant step towards addressing food security and poverty alleviation in the state.

“I must commend the efforts of the foundation again in making life meaningful to this set of people who need food assistance. Together, we can build a prosperous society for all,” he stated.

He assured that many vulnerable groups and their members would benefit from the rice distribution, particularly people with disability (PWD), the aged, motherless babies’ homes, youth groups, farmers, artisans and many more.

The Governor emphasized the need for continuous collaboration with the foundation on initiatives that bring relief to the vulnerable in the country, adding that it is on record that his administration continues to provide relief to the people of Osun via several palliative initiatives.

Also, the Special Adviser to the Governor on Agriculture, Mr Olaniran Akanfe Atidade, described the foundation’s gesture as a significant effort towards food security and poverty alleviation.

A representative of the foundation, Mr Victor Ejiro, in his remarks, said Osun State is “dear to the heart of our chairman and his foundation, hence the need to prioritize the state.”

He added that the foundation has continuously targeted one million vulnerable Nigerians in its Annual National Food Intervention Program.

The 2025 rice distribution programme, according to Mr Ejiro, is targeted at beneficiaries in all the 774 local governments in Nigeria. He added that this is a direct response to cushioning the effect of the harsh economic conditions among the vulnerable.

It was gathered that representatives of various beneficiary groups were presented with their allocation of bags of rice, expressing their appreciation to ADF for the invaluable gesture and support.

Recall that in March 2025, the foundation commenced its 2025 National Food Relief Programme aimed at distributing over one million 10kg bags of rice across the 774 local government areas of the 36 states and FCT in Nigeria.

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