Plant Equipment and Hire August 2018

COMMENT Caterpillar puts its weight behind Africa A s Africa continues to grapple with a chronic shortage of skills and generally high rates of poverty and unemployment, US construction equipment maker Caterpillar’s investment plans for the continent make for some good news. In recent weeks, Caterpillar announced plans to expand its footprint and workforce development programme in countries throughout Africa, by way of a USD1-billion investment over the next five years. In addition to expanding and improving its parts distribution capacity across the continent and building new Certified Rebuild Centres, Caterpillar’s investment will also add new dealer branch locations and grow the company’s “Technicians for Africa” online skills development programme. “Technicians for Africa” is a free programme that teaches important technical skills needed to pursue a career as an equipment technician. Caterpillar plans to expand this programme from three to 15 countries across Africa, in what could be a truly significant skills development effort. Currently, Caterpillar employs about 15 000 company and dealer workers on the continent through the Caterpillar Foundation. Since 2010, the Caterpillar Foundation has invested approximately USD50-million to support projects in Africa that are focused on impacting those living in poverty (specifically girls and women), using training, policy work, entrepreneurial programmes, and more. This Illinois-based company claims these investments are benefiting hundreds of thousands of people with access to education, energy, clean water and sanitation, and microfinance. Building on these investments, the Caterpillar Foundation says it will also commit an additional USD15-million by the year 2020 to organisations working to improve lives across Africa. “For 90 years, Caterpillar machines have helped build critical infrastructure projects throughout Africa. Today, we bring not only construction machinery to the continent, but also traditional and renewable power generation solutions, diesel-electric locomotives, marine engines, and mining equipment,” Caterpillar chair and CEO Doug Oberhelman noted recently. “We are proudly confirming our plan to make a long-term investment to help build, develop and power communities, and serve as an education and training partner to broaden and strengthen local workforce talent and expertise.” To enhance its involvement in Africa further, the company also announced that Resource Industries’ group president, Denise Johnson, has been named to the President’s Advisory Council on Doing Business in Africa, in the US. “It’s an honour to be named to this council dedicated to improving trade and business opportunities between African countries and the United States,” said Johnson. “I’m looking forward to working alongside my industry peers to share Caterpillar’s decades of experience in Africa and to provide counsel to the president as we seek to bolster those relationships.” According to Caterpillar, Johnson’s appointment strengthens the company’s voice in providing information, analysis and recommendations on US– Africa trade and investment priorities. It is certainly good to see massive corporations like Caterpillar putting their money where their mouth is. This will hopefully serve as an example to others hoping to make a difference. n Martin Czernowalow - Editor @martinczern Plant Equipment & Hire [email protected] AUGUST 2018 1