GE confirms $2b investment in Nigeria
General Electric has confirmed its interest in investing $2 billion on Nigerian railway concession project worth around $2 billion.
African CEOs harp on power generation for business growth in continent
The Africa’s power sector was one of the key issues discussed at last month’s World Economic Forum on Africa, held in Kigali, Rwanda.
General Electric slashing finance arm, sells $26.5 bn in real estate
General Electric announced Friday it was getting out of most of its finance business, slashing back GE Capital and selling $26.5 billion worth of real estate. The US industrial giant said the move could generate as much as $90 billion to be returned to investors over the next three years via dividends, share buybacks and…