Nile

• Egypt has convened an emergency regional summit with Ethiopia, Sudan, and other Nile Basin nations to address water allocation disputes intensified by Sudan's ongoing civil war and dam infrastructure threats. • The summit, held in Cairo on Friday, focused on protecting the Grand Ethiopian Renaissance Dam and Blue Nile water flows during heightened regional conflict; negotiations remain deadlocked. • US officials are monitoring the summit closely, concerned that water scarcity could fuel refugee crises across the Horn of Africa and destabilize a critical US partner region.

• Egypt's Ministry of Water Resources announced Friday that the Nile River has reached its lowest water level in five decades, threatening agricultural production for 105 million people and jeopardizing regional hydroelectric power generation. • The drought, attributed to prolonged upstream precipitation failures and upstream dam construction by Ethiopia, could reduce Egypt's wheat harvest by 18% this season, prompting emergency grain imports. • Egypt's government appealed to the UN and international donors for humanitarian assistance, warning of potential food security crisis and mass displacement in rural farming communities by summer.

Spinning off brands such as Hellmann’s, Knorr and Pot Noodle into $60bn entity puts core focus on beauty, personal care and home productsBusiness live – latest updatesUnilever is in advanced talks to combine its food business with US-based McCormick in a deal including $15.7bn (£11.9bn) cash that would give the Marmite-to-Hellmann’s mayonnaise owner majority control of a $60bn food empire.London-listed Unilever will control 65% of the new spin-off, which will combine brands such as Knorr and Pot Noodle with McCormick’s condiments and spices including French’s mustard, Old Bay seasoning and Cholula hot sauce. Continue reading...

Group, which also owns Dove and Hellmann’s, will focus more on personal care products if deal agreedUnilever, the owner of Marmite, Dove and Hellmann’s mayonnaise, is in talks to combine its food business with the US-based spice and seasoning maker McCormick.The Anglo-Dutch food company – which last year spun off its ice-cream division, the home to Ben & Jerry’s, Magnum and Wall’s – has entered discussions over the future of the “highly attractive” business. Continue reading...