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

by Paul Murungi
: Sanjay Awasthi, Chairman and Founder of Tembo Steels, stands confidently in his office—a symbol of quiet leadership and industrial ambition. From this modest space, he has led the rise of Uganda’s largest steel empire, grounded in innovation, sustainability, and a resolute belief in building from within.

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…

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About the Author

Paul Murungi is a Ugandan Business Journalist with extensive financial journalism training from institutions in South Africa, London (UK), Ghana, Tanzania, and Uganda. His coverage focuses on groundbreaking stories across the East African region with a focus on ICT, Energy, Oil and Gas, Mining, Companies, Capital and Financial markets, and the General Economy.

His body of work has contributed to policy change in private and public companies.

Paul has so far won five continental awards at the Sanlam Group Awards for Excellence in Financial Journalism in Johannesburg, South Africa, and several Uganda national journalism awards for his articles on business and technology at the ACME Awards.

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