SOURCE: African Business Review

African Business Review

March 29, 2012 12:47 ET

Nestle Invests Heavily Into the Development of the Equatorial Africa Region, in African Business Review

SAN DIEGO, CA--(Marketwire - Mar 29, 2012) - In 2010 Nestlé pledged to invest approximately CHF 150 million into the Equatorial Africa Region over a three-year time period. That investment plan is now in its third year and its impact is clear to see. The upgrading of factories and the building of new facilities has taken place in a number of locations, mainly Kenya, Zimbabwe, Mozambique, Angola and the Democratic Republic of Congo (DRC).

2012 will see the first of the completion stages of these projects, although some will be ongoing until 2016. An investment the company is particularly interested in is an opportunity to support fresh milk production in Kenya and Uganda, and possibly even in Rwanda.

Fresh milk production in Kenya and Uganda would be a considerable boost to the EAR's rural development initiatives, as Pierre Trouilhat explains: "We would offer farmers the possibility of having a continuous and regular income. We would also be helping them to develop good practices, both operationally and in terms of their impact on the environment."

To find out more about Nestlé's work in the EAR, read the full report at: http://www.africanbusinessreview.co.za

About Nestle Equatorial Africa Region

Nestlé's EAR was set up in 2008 and from its Nairobi-based head office it is responsible for overseeing the brand's activity and operations in 21 countries across the continent, which include Zimbabwe, Mozambique, Uganda, the Democratic Republic of Congo (DRC), Angola, Zambia, Tanzania and the Seychelles, among others.

About African Business Review

African Business Review is a leading digital media source of news and content for C-level executives focused on business and industry-specific news throughout Africa. African Business Review is the territory-dedicated arm of the WDM Group. Founded in 2007 by entrepreneur Glen White, WDM Group retains a diversified portfolio of websites, magazines, mobile apps, daily news feeds and weekly e-newsletters that leverage technology to innovatively deliver high-quality content, analytical data, and industry news. For more information, contact 1-760-827-7800 or visit http://www.africanbusinessreview.co.za/.

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