5by20 Named Best Global Initiative for Women’s Economic Empowerment

Dec 17, 2014 2:00 PM ET

The Coca-Cola Company’s 5by20 program was named Best Global Initiative for Women’s Economic Empowerment at the Women in Leadership Economic Forum in Dubai.

Susan Mboya, president of The Coca-Cola Africa Foundation, and Antoine Tayyar, director of public affairs and communications for Coca-Cola Middle East, accepted the award on behalf of the company. 

5by20 is The Coca-Cola Company's commitment to enable the economic empowerment of 5 million women entrepreneurs across its global value chain by 2020. The initiative address common barriers women face in the marketplace by providing access to business skills training, financial services and mentoring and networking opportunities. Coca-Colacollaborates with government, civil society and other businesses to customize 5by20 programs to address the needs of female entrepreneurs in specific countries. Key partners include UN Women, IFC, TechnoServe, the Bill & Melinda Gates Foundation, IDB and Mercy Corps, among many other NGOs.

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