Nestle SA invests $132M over 5 years in East & Southern Africa for local business growth, sustainable procurement, and black business inclusion.
Nestle SA plans to invest $132M ($2.5B rand) over 5 years to improve growth & development of local businesses in East & Southern Africa. This will support more sustainable procurement practices & agro-processing initiatives, as well as provide opportunities for black businesspeople previously excluded during apartheid. Nestle's strategic investment will focus on raw materials, packaging, and supplier development.
March 27, 2024
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