Swiss food giant Nestlé today (30 April) opened its new research and development facility in the Ivory Coast.


The new centre, part of the company’s Creating Shared Value drive, will focus on improving the quality of locally sourced raw materials, including cocoa and coffee. Researchers will also work on adapting Nestlé products to the nutritional needs and taste preferences of West African consumers.


Nestlé said higher quality local crops will allow the company to source raw materials locally, bringing more income to the region’s farmers.


“This is a further illustration of the principle of Creating Shared Value, Nestlé’s way of doing business, which simultaneously creates value for the company and the communities in which it operates,” Nestlé said in a statement.

How well do you really know your competitors?

Access the most comprehensive Company Profiles on the market, powered by GlobalData. Save hours of research. Gain competitive edge.

Company Profile – free sample

Thank you!

Your download email will arrive shortly

Not ready to buy yet? Download a free sample

We are confident about the unique quality of our Company Profiles. However, we want you to make the most beneficial decision for your business, so we offer a free sample that you can download by submitting the below form

By GlobalData
Visit our Privacy Policy for more information about our services, how we may use, process and share your personal data, including information of your rights in respect of your personal data and how you can unsubscribe from future marketing communications. Our services are intended for corporate subscribers and you warrant that the email address submitted is your corporate email address.