Source: GE |

Rx Healthcare Fund Announces Anchor Investors

The Fund aims to address growing demand for high-quality healthcare services across North African and Sub-Saharan jurisdictions, through investments in high growth potential entities in three key sectors: specialized hospitals, medical diagnostics, and pharmaceuticals

Rx Healthcare Fund (“Rx” or the “Fund”) (www.RxHealthManagement.com), an Africa-focused healthcare private equity fund currently under establishment, today announced that GE Healthcare (www.GEhealthcare.com), a leading global provider of transformational medical technologies and services, is set to become an anchor limited partner in Rx. Following an earlier commitment to Rx by…

GE
Source: GE |

GE reinforces Commitment to Africa at 2016 U.S.-Africa Business Forum

GE, which has operated in Africa for over 100 years, committed at the 2014 event to invest $2 billion in facility development, skills training, and sustainability initiatives across Africa by 2018

The African growth story is still real (http://APO.af/XuTtrc). Two years ago, the first U.S.-Africa Business Forum drew the attention of the world to the promise of Africa. Governments and organizations discussed and debated opportunities in infrastructure, innovation, and workforce development, and together committed more than $33 billion (http://APO.af/6JXb6F) in deals,…

GE
Source: GE |

GE Africa President/CEO, Jay Ireland Appointed as Chair of President Obama’s Advisory Council on Business Priorities for Africa

The appointments are announced in conjunction with the second U.S.-Africa Business Forum

Jay Ireland, President & CEO of GE Africa (www.GE.com) was named as chair of the second President’s Advisory Council on Doing Business in Africa (PAC-DBIA) by U.S. Secretary of Commerce Penny Pritzker. PAC-DBIA members – representing small, medium, and large companies from a variety of industry sectors – advise the President, through…

Source: GE |

General Electric leads the creation of a joint venture with Mara Group and Atlas Merchant Capital to benefit African infrastructure

The joint venture will seek to invest in infrastructure equity projects in selected countries throughout Africa

General Electric (NYSE: GE) (www.GE.com) together with the Mara Group and Atlas Merchant Capital are leading an initiative to create a joint venture dedicated to investing in the highly underdeveloped African infrastructure sector. The joint venture will seek to invest in infrastructure equity projects in selected countries throughout Africa. With…