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GE books US$2.5 billion in African orders from oil to locomotives

GE will soon announce new assembly facilities on the continent, GE Africa's CEO said.


GENERAL Electric Co booked US$2.5 billion of orders from sub-Saharan Africa in the past 11 months, including oil and gas equipment for Eni SpA in Ghana and locomotives for Angola.

That figure is US$500 million more than the company targeted by 2018 during a US-African...