Nestlé to invest in Democratic Republic of Congo coffee operations
The funds would go towards coffee purchases, price premiums, technical assistance and community projects.
Nestlé is set to invest $20m in the Democratic Republic of Congo (DRC) to “revive specialty coffee by 2026” through its Nespresso division.
The funds would go towards coffee purchases, price premiums, technical assistance and community projects, according to a Nestlé statement.
The company is aiming to raise an additional $20m to support coffee-growing communities in Kivu in the DRC.
Guillaume Le Cunff, CEO of Nestlé’s Nespresso division, said:
“Kivu has the potential to be among the world’s great coffee regions, but has faced extremely challenging conditions in recent years. Through our ‘Reviving Origins’ program, we work closely with Congolese farmers.“
Just Food
Related news
Hungarians say food waste is as big a problem as climate change
🎧 Hallgasd a cikket: Lejátszás Szünet Folytatás Leállítás Nyelv: Auto…
Read more >Abu Dhabi, Goldman Sachs Invest In Haagen-Dazs Maker Froneri At €15bn Valuation
🎧 Hallgasd a cikket: Lejátszás Szünet Folytatás Leállítás Nyelv: Auto…
Read more >A star is born – say hello to dirty soda!
🎧 Hallgasd a cikket: Lejátszás Szünet Folytatás Leállítás Nyelv: Auto…
Read more >Related news
K&H Analyst Commentary: Hungarian industry continues to decline
🎧 Hallgasd a cikket: Lejátszás Szünet Folytatás Leállítás Nyelv: Auto…
Read more >KSH: industrial production fell by 7.3 percent compared to the same period of the previous year and by 2.3 percent compared to the previous month
🎧 Hallgasd a cikket: Lejátszás Szünet Folytatás Leállítás Nyelv: Auto…
Read more >NGM: fixed 3 percent SME loan launched on October 6
🎧 Hallgasd a cikket: Lejátszás Szünet Folytatás Leállítás Nyelv: Auto…
Read more >