General Electric Co. (GE:US) to invest about $2 billion in Africa by 2018

General Electric Co. (GE:US) will invest about $2 billion in Africa by 2018 and double its local workforce. GE won about $8.3 billion in orders in Africa over the last year as it accelerates operations in a continent where its CEO said sales were “almost zero” in 2000. Revenue there last year was $5.2 billion, according to GE, which estimates that Africa’s basic infrastructure needs could generate $90 billion in investment opportunities.