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.
United Nations investigators said they’re probing human-rights violations including extra-judicial and mass killings, sexual violence and incidents of torture during the conflict in South Sudan that began two months ago.
Kenya Commercial Bank Ltd., the East African nation’s biggest lender by market value, said full-year profit grew 18 percent after it reduced interest expenses by a third and regional operations contributed more.
South Sudan is trying to evacuate foreign oil workers from its Upper Nile region after fighting erupted between the army and rebel fighters in the state capital three days ago, a government official said.
South Sudanese rebels and government forces fought for control of the capital of oil-rich Upper Nile state, the only region in the world’s newest nation that’s still producing crude two months after violence erupted.