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Coca-Cola and Nestlé target new markets in Africa
date:May 05, 2012
obally famous brands rarely made it to places such as Makoko. Now though, traders from overcrowded townships in South Africa to sleepy shacks in Cameroon say that is changing.
A decade of soaring growth is trickling down in sub-Saharan Africa, where economic expansion of 5.4% is set to far outpace rich nations this year. Brands more recognisable on richer countries' supermarket shelves are creeping into electricity-starved corners as multinationals scramble for a toehold on the continent.
These

12/19 01:20