Sharp Daily
No Result
View All Result
Monday, January 5, 2026
  • Home
  • News
    • Politics
  • Business
    • Banking
  • Investments
  • Technology
  • Startups
  • Real Estate
  • Features
  • Appointments
  • About Us
    • Meet The Team
Sharp Daily
  • Home
  • News
    • Politics
  • Business
    • Banking
  • Investments
  • Technology
  • Startups
  • Real Estate
  • Features
  • Appointments
  • About Us
    • Meet The Team
No Result
View All Result
Sharp Daily
No Result
View All Result
Home News

Kenya and Uganda launch East Africa’s largest steel mill

Christopher Magoba by Christopher Magoba
November 24, 2025
in News, RUTO STATE VISIT
Reading Time: 2 mins read

On 21 November 2025, Presidents William Ruto and Yoweri Museveni attended a groundbreaking ceremony at the Devki Mega Steel Project site in Tororo, Uganda. The event marked the launch of East Africa’s largest integrated steel mill. Moreover, it reaffirmed ties between the two countries in the strongest terms yet.

President Ruto delivered a powerful message to sustained applause: “Kenya and Uganda are sister nations that must not, cannot and will not fight.” President Museveni immediately echoed the sentiment. Furthermore, he described his Kenyan counterpart as having been “arranged by God” for the role. He noted that past doubters had been proved wrong.

Key Commitments Made at the Event

RELATEDPOSTS

Museveni warns of war over Indian Ocean access.

November 12, 2025

Trinity of terror East Africa: regional political crisis explained

November 11, 2025

Both leaders personally pledged to extend the Standard Gauge Railway (SGR) from Naivasha through Malaba to Kampala. Additionally, they committed to removing remaining non-tariff barriers under direct presidential oversight.

In a historic first, Uganda announced its investment in the Kenya Pipeline Company (KPC). The presidents also reaffirmed joint cooperation on energy, trade, and transport with clear timelines.

Why the Tororo Event Transforms Regional Relations

The $300 million+ steel plant sits just kilometres from the border. Consequently, it will process Kenyan raw materials—iron ore, limestone, and electricity—in Uganda. Finished steel products will then flow duty-free in both directions. The project will create thousands of jobs in Tororo, Malaba, Jinja, Eldoret, and beyond.

The leaders chose the location deliberately. Tororo symbolises the shared future of the Northern Corridor. When completed, the SGR extension will slash transit times between Mombasa port and Kampala. As a result, logistics costs will drop dramatically and regional competitiveness will strengthen significantly.

Broader Regional Implications

Days earlier, tensions had escalated over comments on ocean access. However, observers now interpret the Tororo ceremony as the decisive counter-message. Cooperation, not confrontation, takes priority at the highest level.

Across the East African Community, stakeholders welcome the event as evidence that political will finally aligns with long-standing integration goals. Business confidence along the corridor has risen sharply. Meanwhile, logistics firms, manufacturers, and real estate developers reposition themselves for the expected boom.

The Road Ahead

Concrete projects now define Kenya–Uganda relations. Steel mills, railways, pipelines, and reciprocal investments have replaced rhetoric with action. Shovels hit the ground instead of words filling the air.

For the first time in years, the border serves as a bridge rather than a barrier. This partnership promises to reshape East African trade and cooperation for decades to come.

Previous Post

Cytonn money market fund

Next Post

Why investors are shifting toward long-term government bonds in Kenya

Christopher Magoba

Christopher Magoba

Related Posts

News

Surviving rising prices

January 5, 2026
News

Collective capital in action

January 5, 2026
News

The erosion of pay by inflation

January 5, 2026
News

Is the Highest Yield All That Matters When Choosing a Money Market Fund?

January 2, 2026
News

Why the Sectional Properties Act Is Reshaping Apartment Ownership in Kenya

January 2, 2026
Crime

Tall building collapses in south c Nairobi, rescue Efforts ongoing

January 2, 2026

LATEST STORIES

Surviving rising prices

January 5, 2026

Collective capital in action

January 5, 2026

The erosion of pay by inflation

January 5, 2026

Is the Highest Yield All That Matters When Choosing a Money Market Fund?

January 2, 2026

Why the Sectional Properties Act Is Reshaping Apartment Ownership in Kenya

January 2, 2026

Tall building collapses in south c Nairobi, rescue Efforts ongoing

January 2, 2026

How Debt is Devouring Kenya’s Future

January 2, 2026

Why You Should Avoid Early Withdrawals from Your Pension

January 2, 2026
  • About Us
  • Meet The Team
  • Careers
  • Privacy Policy
  • Terms and Conditions
Email us: editor@thesharpdaily.com

Sharp Daily © 2024

No Result
View All Result
  • Home
  • News
    • Politics
  • Business
    • Banking
  • Investments
  • Technology
  • Startups
  • Real Estate
  • Features
  • Appointments
  • About Us
    • Meet The Team

Sharp Daily © 2024