Sanjay Awasthi Archives – CEO East Africa

Who is Sanjay Awasthi, the Quiet Billionaire Forging Uganda’s Green Steel Revolution at Tembo Steels?

Paul MurungiBillionaires Business & Markets Entrepreneurship The Big StoryMay 20, 2025January 8, 2026

In a region hungry for industrial transformation, one man is quietly forging a revolution. Sanjay Awasthi, the reclusive billionaire behind Tembo Steels, has built Uganda’s most advanced and environmentally conscious steel empire. With innovation, vertical integration, and a soft-spoken resolve, he’s proving that you don’t need noise to build a nation—just vision, steel, and heart. A quiet revolution is underway in the heart of Iganga District in eastern Uganda. At the centre of it stands a man who rarely seeks the spotlight but whose influence has reshaped an entire sector. Sanjay Awasthi, the Chairman and Founder of Tembo Steels Uganda…

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President Museveni Lauds Tembo Steels Founder for Transforming Uganda’s Steel Industry

Muhereza KyamuteteraCompany News News & AnalysisApril 18, 2025April 18, 2025

President Museveni has praised visionary industrialist Mr. Sanjay Awasthi, the Chairman of Tembo Steels, for his transformative contribution to Uganda’s steel industry. This was as the President commissioned Tembo Steels…

THE SECRET BILLIONAIRE: Sanjay Awasthi, the man behind Uganda’s Tembo Steels

Muhereza KyamuteteraBillionaires CEO Perspectives Executive Profiles The Big StoryJanuary 8, 2024December 19, 2024

When he came to Uganda, back in 2000, Sanjay Awasthi chose the latter- and he does it with zero importation of physical steel, unlike most of his peers and competitors. That is why he proudly identifies his company as a 100% indigenous steel maker and 100% Buy Uganda, Build Uganda (BUBU). In this interview with CEO East Africa’s Muhereza Kyamutetera, he narrates the 23-year story of Tembo Steels and the making of what in his words, is “Africa’s most diversified and integrated steel company”. For starters, tell us about yourself and your background. Why did you choose Uganda of all…

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