Nestlé-IDH partnership to boost sourcing practices in Central and Western Africa
Multinational food and beverage giant Nestlé has signed a Memorandum of Understanding with IDH Sustainable Trade Initiative, as part of the Grown Sustainably in Africa (GSA) programme.
The three-year partnership aims to support 25,000 farmers and 50 SMEs, as well as open up new markets for them in Cote d’Ivoire, Ghana and Nigeria, increasing employment and food security.
According to Nestlé, the collaboration seeks to develop and empower these farmers and SMEs to help Nestlé meet its goal of boosting its responsibly and regionally-produced raw materials used in the local production of its Maggi, Milo and Cerelac brands from 60% to 70% by 2022.
According to the Food and Agriculture Organisation (FAO), the agricultural sector helps to support food security and eradicate hunger in the region, contributing about 15% of total GDP. However, based on current trends, the food production system in sub-Saharan Africa will only meet 13% of its food demand by 2050.
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Source: Biz Community, May 2020