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Devki Group Chairman Narendra Raval has pledged investments worth over Sh200 billion over five years, including a Sh70 billion cement and clinker plant in Kitui County, Kenya, a Sh45 billion clinker factory in West Pokot, Kenya, and a proposed $190 million clinker plant in Musanze, Rwanda.
“Most of his recent deals are concentrated in Kenya, where, riding on his close relationship with President William Ruto, he has sought to build cement and steel factories as he tightens his grip on the two core construction materials.”businessdailyafrica.com
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