Nestle SA, the world’s biggest food company, said it plans to spend 1.2 billion Swiss francs ($1.4 billion) by 2015 to expand production capacity in Africa, where sales growth is outpacing that of Europe and North America.  While the company’s sales in Africa are increasing at strong double-digits to $3.5 billion last year, replicating the trend across emerging markets, revenue in developed nations is growing at 2 percent or less.
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