Since 1952, The Caterpillar Foundation has been dedicated to transforming lives in the communities where we live and work around the world.Learn More
Caterpillar Chairman and CEO Doug Oberhelman presented the following the remarks the evening of August 4 at The Newseum in Washington, DC, during the U.S.-Africa leaders summit.
I’ve just come from a fascinating dinner with African leaders, and I got a real sense of how they intend to help their countries grow and prosper.
I told them that Caterpillar has been committed to Africa since the earliest days of our company. In fact, the first Cat dealer outside the United States was established in Tunisia – in 1926. Today there are more than 15,000 Cat dealer and Caterpillar employees across the continent.
And the Caterpillar Foundation has invested more than $30 million throughout Africa since 2010 to enable growth and development through access to clean water, energy and microfinance, with a specific focus on helping girls and women.
So, that’s why I’m here tonight—because for over 80 years Caterpillar has helped build, develop and power the world – and we are as committed to that in Africa as we are everywhere else. And I’m here because since 1952, the Caterpillar Foundation has invested more than $550 million in programs that put people on the road to progress all around the world.
We like that saying, “The road to progress,” because providing power, building roads and highways, and railroads and dams is what we know, and what we do, better than anyone else. We’re also focused on making sustainable progress possible. That’s nothing new to us and it’s a mission shared by the ONE campaign. I am impressed with the ONE campaign’s mission – that they advocate for investments that help people become self-sufficient.
And that’s just what the Caterpillar Foundation invests in, too.
Click here to read the entire announcement about Caterpillar Foundation's recent investments in Africa.