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Equity Group Partnership with Roofings Group Uganda: Boosting Industrial Growth

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Equity Group partnership with Roofings Group Uganda factory visit
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The Equity Group partnership with Roofings Group Uganda reinforces industrial financing and supports Uganda’s manufacturing sector, driving growth and employment.Equity Group’s industrial financing partnership with Roofings Group has taken a significant step forward, reinforcing support for Uganda’s manufacturing and industrial sector.

Supporting Uganda’s Manufacturing Sector

The Equity Group partnership with Roofings Group Uganda has strengthened support for the country’s industrial sector, reinforcing access to financing for large-scale manufacturing.

Roofings Group is one of Uganda’s leading producers of construction materials. Through this collaboration, Equity continues to back local industry and long-term economic growth.

The partnership is anchored in Equity’s Africa Recovery and Resilience Plan. The programme supports manufacturers, small businesses, and entrepreneurs. Its focus is on increasing production, creating jobs, and expanding economic participation across the region.


Equity Leadership Engages Roofings Group

As part of the engagement, Equity Group Managing Director and CEO Dr. James Mwangi visited Roofings Group’s operations. During the visit, he toured key manufacturing facilities. He also held discussions with the company’s leadership on growth plans and investment opportunities.

According to Dr. Mwangi, manufacturers play a central role in economic transformation. For this reason, financial institutions must work closely with industry players.

“Our purpose goes beyond banking. We partner with customers to build resilient businesses, strengthen local industry, and drive inclusive economic growth,” he said.

He explained that targeted support for industrial enterprises allows the bank to contribute directly to national development priorities.

“Through our Africa Recovery and Resilience Plan, we are providing tailored financial solutions that unlock productivity, create jobs, and expand opportunity across the region.”


Discussions on Expansion and Financing

The Equity delegation was hosted by Dr. Sikander Lalani, Founder, Chairman, and Managing Director of Roofings Group, at the company’s Lubowa headquarters. Their discussions focused on business expansion, sector performance, and structured financing solutions for large-scale manufacturing.

In addition, Dr. Mwangi met with Narayan Iyer, Group Chief Financial Officer and Board Member. Together, they explored ways to scale operations and strengthen long-term financial collaboration.


Tour of Namanve Manufacturing Plant

At Roofings Group’s flagship facility in Namanve Industrial Park, CEO Sheikh Arif guided the delegation through the steel manufacturing complex. He highlighted modern rolling mills, automated systems, and advanced finishing lines that support high production capacity.

Sheikh Arif said the engagement showed the importance of strong banking partnerships in sustaining industrial growth.

“We value partners who understand the scale of our operations and share our vision for industrial development. Access to the right financial support allows us to continue investing in technology, quality, and Ugandan talent,” he said.


Long-Term Impact on Industry

Over the years, Roofings Group has invested heavily in steel and plastic products. As a result, the company remains a key contributor to Uganda’s construction and infrastructure supply chain.

Equity Bank reaffirmed its commitment to supporting businesses throughout their growth journey. Strategic partnerships, the bank noted, remain central to economic empowerment.

“Together with our customers, we are transforming lives, restoring dignity, and expanding opportunities while building a stronger future for Uganda,” Dr. Mwangi said.

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