GE upgrades Nairobi to regional hub

General Electric Co, the largest US conglomerate, has upgraded its Nairobi office to a regional hub to serve its sub-Saharan Africa business.

The Nairobi office used to serve the East Africa region but will now act as a hub for its west, central and part of southern African business—excluding South Africa.

GE’s revenue from Africa accounts for roughly one per cent of its global revenue, but that share is likely to go up, said Jeffrey Immelt, the group chief executive at GE in Nairobi on Monday.
Read more: Business Daily Jan 30, 2012