International report
 
Monday 06 February 2012
General Electric to invest in Kenya
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Kenya's Prime Minister Raila Amollo Odinga attends a session at the World Economic Forum in Davos, 26 January, 2012
Reuters/Christian Hartmann
By David Bwakali

Kenya has welcomed an announcement by the United States' sixth largest company, General Electric, to make wide-ranging investments in the country. GE will finance several infrastructure, development, energy, health and IT projects. Nairobi is hoping the move will encourage other global investors to also invest in the country, so that home-grown innovation can take off and spur its economic growth.

tags : Development - Investment - Kenya - Raila Odinga - United States
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