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Nestle Sees Unrest Adding Pressures on West Africa Business

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Militant insurgencies across West Africa are weighing on Nestle SA’s business in the region, adding to the pressures of currency depreciation, high inflation and the Ebola outbreak, the food maker’s regional head said.

Islamist rebellions in some countries are undermining consumer confidence, Nandu Nandkishore, Nestle’s 56-year-old head of Asia, Africa and Oceania, said in a Nov. 28 interview at the Swiss company’s factory in Agbara, southwest Nigeria. Militants linked to al-Qaeda have stepped up attacks against United Nations’ peacekeepers and French soldiers in northern Mali this year, while Nigeria’s government is struggling to contain a rebellion by Boko Haram, which has killed more than 13,000 since 2009.