Nestle, the Swiss consumer goods giant, has announced plans to reorganise its activities in Sub-Saharan Africa.
The move means the FMCG firm will close the headquarters of its Equatorial Africa unit in Nairobi, Kenya by the end of July, reallocating functions to its head offices in Accra, Ghana and Johannesburg. South Africa.
The reorganization also includes the expansion of the southern African region to include the Horn of Africa, as well as the southern, eastern and island clusters of the equatorial Africa region. Meanwhile, Angola and the Democratic Republic of Congo will join the central west Africa region which Nestle said would become a key market for the group.
In a statement, Nestle said: “We can no longer sustain the cost of the regional head office with the size of the business there. These changes will ensure our Sub-Saharan Africa business continues on a healthy growth path, delivering affordable nutrition to as wide a population as possible”.