Company in Sudan

  • Africa: Expanded Engagement for Caterpillar - Boosting Sales & Alleviating Poverty

    BOTSWANA, 2017/07/16 A strong signal of growing business engagement with Africa by large U.S. corporations was the announcement last September by Caterpillar CEO Doug Oberhelman of plans to invest over $1 billion in Africa over the next five years. Caterpillar is not a new-comer, having begun doing business on the continent in 1926. At last month's U.S.-Africa Business Summit in Washington, DC, David Picard, Caterpillar's regional manager for Africa and the Middle East, described some of the steps that have been taken since last year's announcement. He as well talked about the challenges and opportunities he sees, inclunding Nigeria, where the company has operated since 1948. He was interviewed by AllAfrica's Noluthando Crockett-Ntonga and Ladi Olorunyomi from Premium Times in Nigeria. The interview has been edited for clarity and length.
  • The Kuwaiti telecoms operator faces uphill battle

    KUWAIT, 2014/03/03 The Kuwaiti telecoms operator faces uphill battle as currency fluctuation and political turmoil hamper Sudan and its southern neighbour. The Kuwaiti telecoms operator Zain operates in some tough markets, where hopes of bright new dawns have given way to cloudier realities. In Iraq, violence reached its highest level in five years in 2013 - with fears of sectarian clashes ahead of parliamentary elections due in April. Zain is still “months off” from its planned listing there, and has been fined $11.3m for the delay.