GE sees potential to double African revenue and employees in 5 years, says GE Africa President Jay Ireland

Jay Ireland, President, GE Africa

General Electric Co. sees the potential to double its African revenue and employees as the company expands in countries including Ethiopia and Mozambique, GE Africa President Jay Ireland said.

Power will be the Fairfield, Connecticut-based company’s biggest growth sector in Africa, alongside health care and transportation, Ireland said at the Bloomberg Africa Business and Economic Summit in Cape Town last month. GE is also seeking to replicate a health-care partnership it has with the Kenyan government in other African countries, he said.

The company see opportunities in rail and health care in both Mozambique and Ethiopia, in addition to Mozambican oil and gas and aviation in Ethiopia, Ireland said.

“We’re very optimistic about Ethiopia, we’re also optimistic about Mozambique, and expanding our footprint in both of those countries,” he said.

Read more: GE’s Ireland Sees Potential to Double Africa Revenue in 5 Years – Bloomberg Business