Africa: Continent is Unilever's Market of Future

Johannesburg — UNILEVER, the world's second-biggest consumer goods company, expected consistent "double-digit" growth in its expanding African operations and was relying on natural market growth, rather than acquisition, CEO Paul Polman said last week.

While territories such as China and Russia -  both of which Mr Polman called "high-investment" markets - would give the biggest boost to the company that already makes half of its sales in developing countries, an expanding and wealthier African population would help drive growth as developed markets slowed, he said in an interview.

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