Unilever announced an investment of $1.2 billion to cut fossil fuels from all of its cleaning brands. The move aligns with the company’s ambition to become more environment-friendly and reduce its carbon footprint.
Through a series of chemical reactions, the carbon elements in the oil are transformed into chemicals capable of removing oil stains from clothes. The migration to greener methods has been technically feasible for several decades but the cost for such a method is high.
Unilever is the first major investor in the sector to commit to replacing these hydrocarbon derivatives with ingredients from wood, microbial fermentation, or recycled carbon. The planned funding will be used primarily for research, implementation of the solutions found, and working with suppliers.
“What Unilever is trying to do is very comprehensive. With great ambition, it is looking at the entire supply chain,” said Katy Armstrong, a researcher at the University of Sheffield who works on reusing carbon.
Except for Tunisia entering the Top 10 at Libya’s expense, and Morocco moving up to sixth ahead of A...
Circular migration is based on structured, value-added mobility between countries of origin and host...
President Tinubu approved incentives limited to the Bonga South West oil project. The project tar...
CBE introduced CBE Connect in partnership with fintech StarPay. The platform enables cross-border...
Urban employment reached 53.7% in WAEMU in early 2025 Most jobs remain informal, low-paid, and in...
Sonangol raised $750m via its debut international bond, a five-year private placement, marking a key step in Angola’s return to global debt...
Gold production rose 10% year on year, reaching 1.21 mln ounces in 2025. Lafigué delivered its first full year of output, offsetting declines at other...
African startup M&A hits record 67 deals in 2025 Consolidation driven by funding pressures and expansion strategies Fintech leads deals as “Big Four”...
Galiano Gold will invest at least C$17mln in gold exploration in Ghana in 2026. The budget is up 70% year on year and targets reserve growth at the...
The Khomani Cultural Landscape is a cultural site located in northern South Africa, in the Northern Cape province, near the Kgalagadi Transfrontier Park....
Three African productions secured places among the 22 films competing for the Golden Bear at the 76th Berlin International Film Festival. Berlinale...