Nestlé opens first plant in Angola

- Last updated on GMT

Related tags: Africa

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.”

Related topics: Nestlé, Emerging Markets, Markets

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