Swiss food and beverage giant Nestlé has furthered its presence on the African continent through the opening of a new CHF16m ($16.4m, €13.3m) factory in Angola.
The Luanda-based plant is the second site Nestlé has opened in Africa this week, following the inauguration of two new facilities in South Africa.
The plant - a ‘finishing centre’ for packing products such as Nido milk powder – is Nestlé first in Angola and will create 50 new jobs by the end of its first year of operations, the firm has claimed.
“Angola is important for us,” said Nestlé CEO Paul Bulcke. “We see many opportunities to be part of the country’s growth by offering consumers high-quality affordable nutrition.”
“Angola is not only one of the fastest-growing economies in Africa, but one of the fastest-growing in the world, with a rising middle class. By opening our first facility here, we will be closer to our consumers and can better adapt our products to their needs and preferences.”