Caterpillar invests US$1 billion in Africa

By: Wazobia Staff The Chairman and CEO of Caterpillar Inc. Doug Oberhelman said the company planned to invest over US$1 billion in Africa in the coming years to upgrade customer service capabilities and expand their presence on the continent. he said the investment will include enhanced parts distribution capacity, new rebuild centers, new dealer branch locations, the expansion of Caterpillar’s Technicians for Africa online skills development programmer, as well as and millions of dollars to support programmers that lift people out of poverty. He made this known at the recently concluded U.S.-Africa Business Forum (USABF) in New York City “For 90 … Continue reading Caterpillar invests US$1 billion in Africa