The newly launched Coca-Cola HBC Digital Hub will serve as a centralized digital delivery platform supporting the company’s operations across 27 markets in Europe and Africa.
While Orda currently operates in Nigeria and Kenya, this acquisition only covers its Nigerian operations, leaving the future of its Kenyan arm undecided.
Consolidation in Southern Africa’s utility fintech sector is accelerating as established operators look beyond traditional merchant acquiring and airtime lending.
The mezzanine debt facility will primarily target Nigeria, where businesses currently depend on an estimated 40GW of expensive, self-generated fossil fuel power.
The newly launched Coca-Cola HBC Digital Hub will serve as a centralized digital delivery platform supporting the company’s operations across 27 markets in Europe and Africa.