Kenyan billionaire Narendra Raval unveils $550 million steel plant in Uganda
Billionaires Africa | 24.11.2025 14:38
Kenyan billionaire industrialist Narendra Raval has launched a Ush2 trillion ($550 million) steel plant in Tororo, Uganda, marking one of the largest industrial investments in the region in recent years. The ceremony on Sunday, Nov. 23, drew three heads of state—Uganda’s Yoweri Museveni, Kenya’s William Ruto, and Rwanda’s Paul Kagame—underscoring the political and economic weight the project carries across East Africa.
