Athi River Steel - growth and jobs in Kenya

ATHI RIVER STEEL

1998

ATHI STEEL IS A

STORY ABOUT

OPPORTUNITY...

ABOUT SEEING RUBBISH AS

RAW MATERIAL...

AND ABOUT A

MAN’S VISION...

TO BUILD KENYA’S

BIGGEST STEEL MILL...

TO TRANSFORM SCRAP

METAL INTO ESSENTIAL

STEEL PRODUCTS…

AND TO CREATE HUNDREDS OF JOBS.

ATHI STEEL WAS FOUNDED

BY RAVI GUPTA

WITH THREE FRIENDS

IN 1998

IT’S NOW A 30-ACRE PLANT…

SUPPLYING HALF OF KENYA’S STEEL…

AND PROVIDING

NEARLY 800 DIRECT JOBS.

JOBS FOR PEOPLE LIKE

DICKSON WANGALA…

AND PAY FOR HIS

CHILDREN’S EDUCATION.

DICKSON HAS USED HIS WAGES

TO BUILD A HOUSE ...

UK TAXPAYERS HAVE HELPED

ATHI STEEL ACHIEVE

THIS SUCCESS

CDC - THE UK DFI -

FIRST BACKED ATHI STEEL

IN 1998

CDC CURRENTLY HAS OVER 1,100

INVESTMENTS IN SOME OF THE WORLD’S

POOREST COUNTRIES

WE AIM TO MAKE PROFITABLE

INVESTMENTS THAT CREATE

JOBS AND BUILD ESSENTIAL

INFRASTRUCTURE

PROFITS ARE RECYCLED INTO

NEW INVESTMENTS, SO CDC

DOESN’T COST THE TAXPAYER

A PENNY