On July 27, GE celebrated two announcements: the opening of its corporate office in Nairobi, Kenya, marking the first corporate office for GE in the East African region; and also the first GE day to be held in the country. Some 300 guests joined GE in Nairobi for an afternoon and evening hosted by Nani Beccalli, President & CEO of GE International along with Nabil Habayeb, GE's President and CEO for Middle East & Africa and Yibrah Tesfazghi, GE's Corporate Regional Executive for Africa.
Last year, Africa accounted for $1.58 billion in revenue, which represented more than a 30% increase from 2003. The company has been in Africa for more than 100 years and today is active in over 35 countries on the continent, employing some 600 people.
"Africa represents a significant growth opportunity for GE today and the new office in Nairobi is a tangible sign of our commitment to Kenya and the rest of Africa," said Nani Beccalli. Nabil Habayeb also explained that, "Africa is going to be a key emerging market, driving the global economy in the next 20 years. There will be a tremendous need for infrastructure development, including power generation, oil and gas development, healthcare and rail & air transportation - all areas where GE is a worldwide leader."
Kenya has now added to the list of GE's locations, amongst which are the corporate offices in Egypt and South Africa, as well as the facilities for GE's oil and gas business in Angola, Algeria and Nigeria. "Our new office in Nairobi presents an opportunity for us to be closer to our customers, including Kenya Airways, Kenya Railways and the Aga Khan Hospital," said Yibrah Tesfazghi.
The Honorable Dr Mukisha Kituyi, Kenyan Minister of Trade and Industry, joined the dinner closing the GE day and shared his view on the Kenyan economy and the key role played by GE. However, all would agree that the highlight of the event was the presence of the President of the Kenyan National Olympic Committee, Dr. Kipjoge Keino, a legend of his time: world record holder in 1965 and gold medal winner in 1968 and 1972. Dr Keino gave a moving speech on sport and the vision and free spirit it gives to young generations. A touching note to end an uplifting day
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