Nestlé plans Africa expansion

07/7/2010 | FoodNavigator

Nestlé is set to build factories in Angola, the Democratic Republic of Congo and Mozambique, and will expand existing factories in Africa. "Nestlé is committed to unlock the business opportunities and to promote growth in Equatorial Africa," said CEO Paul Bulcke. "With 400 million people and an emerging middle class with rising purchasing power, this region has major potential for Nestlé."

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