Devki Mega Steel Plant Uganda Signals Major Industrial Expansion
Uganda has officially begun construction of the Devki Mega Steel plant in Tororo, backed by a $500 million investment. Moreover, the plant will create 15,000 direct jobs, supporting local communities and regional economic development. As a result, the project strengthens East Africa’s industrial integration while promoting the production of steel locally instead of relying on imports.
The vertically integrated steel complex, led by Kenyan industrialist Dr. Narande Raval and the Devki Group, will also prepare the groundwork for a future iron ore processing facility in Kabala. Meanwhile, Ugandan President Yoweri Museveni highlighted the importance of retaining added value within Africa rather than exporting raw materials. Furthermore, the project aligns with long-term plans to industrialize Uganda and boost domestic steel production capacity.
President William Ruto of Kenya described the groundbreaking as a turning point for regional industrialization. In addition, he emphasized that the plant will enhance supply chains, create youth employment opportunities, and improve East Africa’s self-sufficiency in steel. Devki Group’s Raval underlined that local steel production is key to prosperity, noting that importing steel equates to importing poverty.
Steel Production Growth and Regional Impacts
Steel output in Africa rose 3.8% year-to-date through October 2025, totaling 19.3 million tons. Specifically, October production reached 2 million tons, up 0.8% year-on-year. Consequently, the Devki Mega Steel plant will contribute significantly to sustaining this growth trajectory.
The Ugandan government emphasized social and economic benefits for communities, citing the project as a milestone for industrial development in the region. As a result, the plant will not only create jobs but also strengthen regional value chains and enhance the manufacturing of steel sheets and intermediate products locally.
Ultimately, the Devki Mega Steel plant is poised to catalyze East Africa’s industrial transformation while supporting long-term regional competitiveness.
SuperMetalPrice Commentary:
The Devki Mega Steel plant in Uganda represents a strategic investment in Africa’s industrial independence. Furthermore, it demonstrates how localized steel production can retain economic value and create large-scale employment. SuperMetalPrice expects that the plant will catalyze additional infrastructure and manufacturing projects across East Africa, supporting regional supply chains and accelerating industrialization.
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