May 5, 2017 IBOMLLC Team

Siemens signs agreements with Uganda and Sudan

Siemens

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Innov8tiv – Blacks In Technology in USA, UK, Caribbean Islands & Africa

The African states signed the corresponding Memoranda of Understanding (MoU) at the World Economic Forum 2017 in the South African city of Durban.

Memoranda of Understanding to cooperate in the areas of power supply, industry, transportation, and healthcare

Focus on infrastructure investments and partnerships between public and private sectors

Participation in “Make IT Alliance” to promote start-ups and technology companies in Africa

“Africa’s economies are gaining ground and can develop their full potential with the right partner. Siemens wants to support their sustainable development – with solutions and projects in Africa, for Africa. The agreements with our African partners are important steps along this path,” said Joe Kaeser, President, and CEO of Siemens AG. “Our goal is to double our order intake in Africa to more than €3 billion by the year 2020.”

Brigitte Zypries, German Federal Minister for Economics and Energy, said: “Africa is a continent with economic opportunities and the German industry is an outstanding partner for the countries of Africa to realize these opportunities. I am very pleased that with the agreements signed today, good progress is being made towards the goal of better infrastructure and thus …read more

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