Raval Group’s story is one of industrial ambition.
Founded and led by the Raval family, the Group has grown its presence in Ethiopia across strategic industrial sectors while expanding its footprint beyond the country. Today, its portfolio includes steel manufacturing, pharmaceuticals, polymer production and industrial development.
At the heart of this journey is a focus on building productive capacity locally — creating businesses that manufacture essential products, develop industrial capabilities and contribute to economic growth.
Raval’s industrial journey includes the establishment and expansion of Raval Steel, which was established in 2016 and developed into a major steel manufacturing operation in Bahir Dar. The business produces construction and industrial steel products and has positioned itself around reducing Ethiopia’s reliance on imported steel.
Manufacturing and resource development across Ethiopia and Angola.
Building local pharmaceutical manufacturing capacity, including IV fluid production.
Producing plastic and polymer solutions for industrial and consumer applications.
Developing businesses and investments that contribute to Ethiopia’s and Africa’s industrial future.
Raval Group is led by a leadership team combining entrepreneurial experience, industrial expertise and professional management. The Group’s leadership structure provides strategic direction and oversight across its businesses while allowing individual companies the autonomy to operate according to their markets and capabilities.
Founder & Chairman, Raval Group
Mr. Bhavesh Raval is the Founder and Chairman of Raval Group. With nearly two decades of experience in large-scale industrial ventures across Africa, he has led the Group’s growth across steel, mining, plastics, pharmaceuticals and infrastructure. His leadership is grounded in a commitment to industrial development, nation-building and greater self-reliance through local production.
Board Director & Group Managing Director
Kishen Raval oversees day-to-day operations across the Group’s businesses, working closely with each company’s leadership to align execution with Raval’s broader industrial strategy. His focus spans operational performance, capital projects and cross-business coordination.
Board Director & President, Raval Group
Shyam Raval provides strategic direction across the Group’s portfolio, with a focus on new business development and Raval’s expansion into new sectors and markets across the region.