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Nigerian Govt Sign $1Billion Plant Deal With General Electric

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AFRICANGLOBE - The Federal Government and General Electric (GE) Company of the United States Thursrday sealed a $1 billion (N158 billion) investment deal on the establishment of a new manufacturing and assembly facility in Calabar, the Cross River State capital.

GE and Kenya Plan New Projects

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Kenya will sign a Memorandum of Understanding on development with General Electric Company. This was agreed after the company's top executive led by its chairman and chief executive Jeffrey Immelt, and the President and CEO for Africa, Jay Freland were hosted by the vice president Kalonzo Musyoka at an inter-ministerial round table meeting in Nairobi yesterday.
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