General Electric to invest $2B in Africa

Jeff Immelt, Chairman & CEO, General Electric

Africa is expected to receive $2 billion worth of investments from multinational conglomerate GE (General Electric).

GE specialises in building the likes of appliances, lighting and power systems.

And GE officials made the investment announcement at the US-Africa Leaders Summit in Washington DC. The investment is planned to happen by 2018.

Read more: General Electric to inject $2bn in Africa – ITWeb Africa.