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This Software is Worth its Value in Platinum: South African Smelter Embraces Big Data

August 05, 2014

Africa’s economic expansion was largely driven by commodities over the last decade. But today, satisfying demand involves more than just pulling ore and minerals from the ground faster. Companies like South Africa’s platinum producer Lonmin are embracing the Industrial Internet and Big Data to go smarter about their jobs.

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Marco Annunziata and Todd Johnson: Betting on Africa’s Future

Marco Annunziata GE
Todd Johnson GE
August 04, 2014
Africa is at a crossroad. Over the past decade and a half, the continent has emerged as the most promising growth region, exceeding world growth by an average of 2 percentage points per year.
 
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Jeffrey R. Immelt: Africa Is Ascending

Jeffrey R Immelt GE
August 04, 2014
The African growth story is real. Over the past decade and a half, Africa has emerged as the most promising growth region, exceeding world growth by an average of 2 percentage points a year. Growth prospects for the continent remain strong. According to the International Monetary Fund, growth in Africa will accelerate to 5.5 percent in 2014 from 4.9 percent in 2013. Continued — and lasting — growth depends on sustained investment and strategic development.
 
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Building Africa’s Growth Engine: GE to Invest Billions in Continent’s People, Infrastructure, Manufacturing

August 04, 2014
People come to Durban, South Africa, for its beaches, sunny climate and busy nightlife. But visitors interested in the future of Africa come for another reason. A few miles outside the city is the Bisasar Road landfill, Africa’s largest refuse site and a big source of renewable energy.
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Don Gips: A Long-Overdue Partnership With Africa

Don Gips Albright Stonebridge Group
August 01, 2014
A decade ago, American companies were wary to enter African markets, pointing to stagnated or falling growth, insecurity and complex political and commercial environments.
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Jay Ireland: Accelerating Africa’s Growth

Jay Ireland GE
August 01, 2014
As Sub-Saharan Africa leaders convene in Washington, D.C. for the U.S.-Africa Leaders Summit next week, one common theme that will be magnified is the huge potential for Africa’s growth over the next decade.

Prototyping a Social Movement with a 3D Printer

Gared Jones Points Of Light
July 29, 2014
I arrived in Lagos a few weeks ago as part of Points of Light’s partnership to support GE Garages Nigeria, an initiative through which GE is using the leading edge of its business—principles of open innovation and technologies in advanced manufacturing—to spur job growth and build entrepreneurship in Nigeria.
The launch platform in which I participated was a pop-up, three-week innovation and manufacturing center where aspiring makers, entrepreneurs, and students could go to develop new skills and learn about advanced manufacturing technologies.
Press Release

Second Quarter 2014 Earnings

July 18, 2014

GE announced second-quarter 2014 operating earnings of $3.9 billion, with operating earnings per share of $0.39, up 8% from the second quarter of 2013.

Please click here to read the rest of the press release, in English.

Corporate Communications
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Why Renewables are the Way Forward for Africa

Jasandra Nyker Biotherm Energy
May 15, 2014
If you take a solar map and a wind map and compare the African continent to other continents, you’ll see we have some of the best resources in the world. The solar resource in the Northern Cape of South Africa is 25 percent higher than that of Spain, and Spain is considered to be a world class site.
Renewable energy can bring enormous socio-economic benefits and be a ticket out of poverty for many Africans. As much as one needs roads, one needs power. And to get it from a renewable energy source means you are creating a sustainable electrical solution that will also power jobs.
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Dealing in Reality — Ex-Im Bank Keeps U.S. in Global Game

Kate Bernard Hamilton Place Strategies
May 12, 2014
In the current debate over congressional reauthorization of the U.S. Export-Import Bank, Washington policy makers could do worse than take a cue from MTV’s The Real World: “Stop being polite and start getting real.”
I’m talking about dealing in the reality of how the world works, rather than how we wished it would work, when considering policy initiatives.

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