Indian billionaire Ravi Jaipuria joins Dangote and Dewji with $32 million investment in a 52-acre beverage plant in East Africa

BL Industries Kenya, a wholly owned subsidiary of Varun Beverages, has signed an agreement to acquire the dairy beverages, juices and packaged drinking water business of Devyani Food Industries Kenya in a transaction expected to close by August 1, 2026
Meet Indian billionaire Raj Gupta: The steel tycoon building Africa’s biggest solar powered steel plant – BusinessToday

Raj Gupta, theIndian billionaire& businessman who built African Industries Group into Nigeria’s largest steel producer, has secured 500 hectares of land in Niger State to build what could become sub-Saharan Africa’s largest solar-powered steel plant, according to a report by Business Insider Africa
Indian billionaire Raj Gupta secures 500 hectares to build what could become sub-Saharan Africa’s largest solar steel plant in Nigeria

The project will combine a large-scale steel manufacturing complex with a dedicated solar power plant and the proposed AIG Industrial Park, reflecting Nigeria’s growing push to reduce manufacturers’ dependence on the country’s unreliable electricity grid