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Africa

Back On The Rails: How Machinists In Pennsylvania Are Helping Drive Angola’s Economy

Maggie Sieger
May 04, 2017
A few years ago, a group of investors from Singapore planned to open a large iron mine in the Huila province in southwest Angola. The mine would bring jobs and money to the local economy, but the project failed because there was no reliable way to move the ore from the mine.
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Africa

Plane Power: How Software And Jet Engine Tech Are Helping Angola Leapfrog Into the Digital Age

May 02, 2017
Available capital isn’t the only obstacle to economic growth in Sub-Saharan Africa. Another major hurdle is the lack of reliable electricity. In fact, large parts of the region have no power at all. This makes it hard for entrepreneurs to build businesses, create jobs and generate wealth.
But things are changing. This week, Angola, Africa’s third-largest economy, signed a deal with GE to supply the final 200 megawatts (MW) of power needed to meet the government’s goal of installing 1 gigawatt (GW) of new power generation capacity by the end of 2018.
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Raghu Krishnamoorthy: The Most Valuable Currency

Raghu Krishnamoorthy GE
November 21, 2014
What’s the most critical currency in today’s global economy? Jobs.
 
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