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Caterpillar to invest $1bn in Africa over the next five years

US mining equipment manufacturer Caterpillar, its independent dealers and the Caterpillar Foundation are to invest $1-billion in business, education and training across Africa over the next five years, chairperson and CEO Doug Oberhelman announced at the US-Africa Business Forum, in New York, last month. The news confirms Caterpillar’s long-term commitment …

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