Unilever, the world’s second- biggest consumer-products maker, plans to open a manufacturing plant in Ethiopia during the next year in a bid to emulate its expansion into Vietnam, a company official said.
East African mediators want armed units from the region to protect cease-fire monitors and oil fields in South Sudan, said Seyoum Mesfin, chief envoy from the seven-nation Intergovernmental Authority on Development.
Kenyan President Uhuru Kenyatta is struggling to meet economic growth targets a year after his election victory as he focuses on fighting charges from the International Criminal Court that link him to violence that left more than 1,100 people dead after a 2007 vote.
Petroliam Nasional Bhd., Malaysia’s state oil company, will sign an agreement to sell 10 percent of its liquefied natural gas project in Canada to an Indian company on March 7, its chief executive officer said.
Wheat in South Africa gained the most in more than eight months after Russian troops attacked army units in Ukraine, raising concern that imports from the European nation will be curbed, pushing up local prices.