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Saturday, 12 October 2013

GE Africa CEO wins Africa Investor ‘Business Leader of the Year’

For the second consecutive time, Jay Ireland President and CEO of GE Africa, has been named the Business Leader of the Year by Africa investor. GE was also named the Africa Investor employer and Human capital Investor of the Year. The awards were presented at the World Bank Annual meetings in Washington DC, United States.
President and CEO of GE Africa, Jay Ireland

Under Jay Ireland’s leadership, there have been significant GE investments across Africa. Early this year GE announced a $1billion manufacturing and Assembly facility in Calabar. The facility will service the Oil and Gas as well as the Power sector in Nigeria. Before then the infrastructure giants signed an MOU with the Federal Government of Nigeria to help develop an additional 10,000MegaWatts of power over the next ten years.

In Angola GE signed an MOU with the Ministry of Energy and Water of Angola on the 24th of June to generate 2000 MW of electric power generation. This will include the accomplishment of on-going generation projects in the northern region of Angola while providing the framework for cooperation in other parts of the country.

Apart from playing a major role in the reforms in the rail transportation sector with locomotives in South Africa, GE Africa has signed a partnership worth up to $5 million (R50million) with Johannesburg-based African Leadership Academy (ALA) aimed at transforming Africa by identifying, developing and connecting the next generation of African leaders.

The Africa Investor Awards are the longest-standing international awards on Africa to reward exceptional business practices, economic achievements and investments across Africa. They recognize the institutions and individuals improving the continent’s investment climate.

2 comments:

  1. GE doing great in Africa. Congrats to Mr. Ireland

    ReplyDelete
  2. Congratulations

    ReplyDelete