World Economy

GE Books $2.5b African Orders

GE Books $2.5b African OrdersGE Books $2.5b African Orders

General Electric Co. booked $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, Bloomberg said. That figure is $500 million more than the company targeted by 2018 during a US-African leader summit last August, Jay Ireland, chief executive officer for GE Africa, said in an interview in Kenya’s capital, Nairobi. They will be delivered “over the next two years,” he said. Orders from the 25 African nations where GE operates range from items for transportation to oil and gas, power generation, health care and aviation, according to Ireland.