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Machinery manufacturer, Caterpillar boosts operations in Kenya

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Caterpillar is seeking a larger chunk of the East African market through its local partner Mantrac Kenya. Group President of Caterpillar, Rob Charter says that Africa has a huge growth potential with the fastest growing middle class worldwide and a population expected to double by 2050. The company's focus on Kenya as a key market follows findings from the World Bank and other international institutions that indicate the county's potential to be one of Africa's great success stories and its pivotal role in East Africa. The company is investing one billion dollars in the region between this year and 2012. Subscribe to us on YouTube: http://ow.ly/Zvqj30aIsgYFollow us on:Facebook: https://www.facebook.com/cgtnafrica/Twitter: https://twitter.com/cgtnafrica

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Africa News CGTN Africa Caterpillar East Africa market Mantrac Kenya Rob Charter President
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