Nestlé Central and West Africa (CWA) in partnership with the Alliance for a Green Revolution in Africa (AGRA) have unveiled a new initiative called Youth Agripreneurship Development Program (YADIS). The aim is to accelerate the sustainable development of farmer livelihoods and increase the interest and opportunities for youths in farming agri-food businesses in Ghana, Côte d’Ivoire and Nigeria.

Nestle SA has negotiated to sell its skin health business in a deal worth 10.2 billion Swiss francs ($10.12 billion) to a consortium led by EQT Partners and Abu Dhabi’s ADIA in a deal worth, it said on Thursday.

Nestle is set to launch a new line of baby formula in China this year. The formula, which will be under an existing brand is targeted at smaller cities, as the world’s largest packaged food company tries to lengthen its lead in the world’s biggest baby milk market.

Nestle has sponsored the presentation of start-up grants to the beneficiaries of the 2019 edition of Youth Entrepreneurship and Empowerment Programme (YEEP).

Nestle posted higher-than-expected sales growth in the first three months of the year after good momentum in the United States and China, putting it on track to meet its goal of more than 3 percent organic growth this year.