GE and the Angola Ministry of Energy and Water signed a Memorandum of Understanding (MoU) in 2014 to achieve the country's additional electric power generation capacity target of 2000 MW. Currently GE technology is responsible for approximately 50 percent of Angola's electricity generation, and today's announcement represents another phase of the implementation of the GE Power for Angola program. GE delivers across the entire energy ecosystem for Angola's national development, from generation to transmission and distribution as well as long term service guarantees. GE has been operating in Angola since 1967. Today, GE employs more than 500 people in Angola, in businesses spanning across key sectors including oil and gas, power, water and rail transportation. *Predix is a trademark of General Electric Company About GE GE (NYSE:GE) is the world's Digital Industrial Company, transforming industry with software-defined machines and solutions that are connected, responsive and predictive.