Coca-Cola Supports Clean Water Initiative in Africa and 2 Other Dow Movers to Watch
The Coca-Cola Co. (NYSE:KO): Current price $38.68
On Wednesday at World Water Week in Stockholm, The Coca-Cola Company and Water and Sanitation for the Urban Poor announced Coke’s support of new programs in the four African countries Madagascar, Kenya, Zambia, and Mozambique.
The funding, which amounts to a total of $4.6 million from The Coca-Cola Africa Foundation, will support sustainable solutions to clean water and sanitation service delivery for a minimum of 270,000 people in urban and peri-urban areas. Activities to be backed include sustainable water supply services, the development of water kiosks and storage tanks for local communities, and capacity building of local service providers.