B5 Plus: An Overview of the Iron and Steel Industry in Ghana and West Africa

Mukesh V. Thakwani, Founder and CEO of B5 Plus Ltd, presents the company and shares his assessment of the iron and steel industry in Ghana and West Africa.

“B5 Plus is involved in steel manufacturing and trading activity. We are involved in prefabrication and we are West Africa’s biggest fabrication plant. We are also active in the construction industry. We are also in the service industry through our DPSI International School”, says Mukesh V. Thakwani.

“The steel industry in Ghana in the last decade has really boomed because of the many government policies, not only for Ghana but for all of West Africa. Today, Ghana is becoming the hub for supplying to the steel industry for West Africa. We are very proud to say that just two decades ago, B5 Plus was one of the importers from the neighboring countries, like Ivory Coast and Togo, and today, we have become a net exporter to 15 West African countries. It is a very competitive environment right now. The market is a bit saturated in this segment, but we have a competitive edge and we are moving forward in a positive way. A lot of backward and vertical integration is required in this particular field right now”, he adds.

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