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Africa’s economic outlook as a whole presents one of the most promising growth stories of anywhere in the world, yet the U.S. remains under-invested in the continent relative to other regions. When you read a headline about Africa in the paper, it’s still more likely to talk about conflict or disease than opportunity.
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The numbers are sobering: While only 15 percent of the world’s population lives in Africa, a quarter of the world’s disease burden — a metric used to assess the impact of diseases — rests on the shoulders of the continent.
The acquisition, the largest in GE’s history, will create 1,000 new jobs in France, preserve local decision making, provide the French government with access to nuclear steam turbine technology and support Alstom’s train signaling business.