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Nestlé looks to boost innovation in Africa

30 May 2019

Nestlé has kicked off a Research and Development (R&D) innovation challenge in Sub-Saharan Africa as part of the company’s efforts to contribute to the local innovation ecosystem.

The challenge will, the company believes, help boost local entrepreneurship, as well as provide a platform for start-ups and universities to contribute to local sustainable growth by bringing breakthrough ideas to the market.

Nestlé looks to boost innovation in Africa

The R&D innovation challenge, which starts in Ghana, will also take place in Côte d'Ivoire, Kenya, Nigeria, Senegal and South Africa. The goal is to work collaboratively with start-ups and universities to identify sustainable and scalable science and technology solutions that help to accelerate the innovation of products that meet local consumer needs. The R&D innovation challenge calls for novel solutions across four areas: environmentally-friendly packaging solutions, sustainable cocoa plantlets, affordable nutrition and new routes to market.

Stefan Palzer, Nestlé Chief Technology Officer said: "There is a growing number of Africa-based entrepreneurs and local researchers with creative ideas to address issues facing their communities. This R&D innovation challenge presents for our company an exceptional opportunity to leverage the outstanding creativity, while helping to turn the most promising ideas into reality."

To engage with local start-ups, Nestlé partnered with Kinaya Ventures as part of the Spring Fellowship Program, which is designed to accelerate corporate start-up partnerships and catalyze digital entrepreneurship. The challenge also calls upon universities in Central and West African countries to submit solutions.

The R&D innovation challenge is part of Nestlé’s Global Youth Initiative, which has an ambition to help 10 million young people around the world have access to economic opportunities by 2030.

Related tags

Innovation and R&D

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