By Gideon Maxwell
April 13, 2026
Chief Executive Officer of Algre-se Global, Tosin Fatunla, has emphasised that the company is positioning itself at the forefront of Africa’s industrial revolution, as the continent intensifies efforts to build a self-sufficient and globally competitive steel sector.
Under his leadership, backed by more than 17 years of cross-sector experience spanning steel, energy, and industrial markets, the company is driving a deliberate transition from the export of raw materials to the development of value-added production capacity within Africa.
Algre-se Global is positioning itself at the forefront of Africa’s industrial transformation, as the continent accelerates efforts to build a self-sufficient and globally competitive steel sector.
Led by Chief Executive Officer Tosin Fatunla, an engineer and seasoned executive with over 17 years of experience across steel, energy, and industrial markets, the company is championing a shift from raw material exports to value-added production within Africa.
“Africa can no longer export its raw wealth and import its future at a premium,” said Fatunla. “Steel is the backbone of industrialisation and a gateway to economic sovereignty.”
Africa holds over 30 billion tonnes of iron ore reserves but continues to import millions of tonnes of finished steel annually.
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Algre-se Global is addressing this gap by delivering steel products and commodities across Africa and global markets, leveraging strong international partnerships and efficient logistics to support infrastructure development in construction, mining, and industrial sectors.
Fatunla emphasised that while policy frameworks exist, execution remains the key challenge.
“Announcements do not produce steel, execution does. Our focus is on turning strategy into bankable, executable projects that deliver real output, jobs, and long-term value.”
Operating across South Africa, Zimbabwe, Ghana, and broader West and Central Africa, Algre-se Global provides advisory and supply chain solutions spanning commercial strategy, market access, stakeholder engagement, feasibility studies, and operational improvement.
The company is also advocating for stronger regional collaboration among African governments and institutions, including ECOWAS, SADC, and the African Continental Free Trade Area, to align policies and accelerate industrial integration.
With a market of over 1.3 billion people, Africa has the scale to build a competitive steel ecosystem capable of serving its own demand.
“If we produce steel within Africa, we can build for Africa, by Africa. That is industrial sovereignty,” Fatunla stated.
Algre-se Global is further investing in skills development through training programmes, apprenticeships, and academic partnerships to ensure local capacity supports industry growth.
Looking ahead, Fatunla projects that Africa could increase steel production to 150 million tonnes annually by 2035, generating approximately $75 billion in revenue and creating over 500,000 direct jobs.
The company is also advancing sustainable steelmaking by promoting low-carbon technologies, including direct reduced iron and renewable-powered electric arc furnaces.
“We are not bystanders in Africa’s industrial transformation, we are architects,” said Fatunla.
As global capital, technology, and demand align, he stressed that decisive leadership and execution will determine Africa’s success.
“The steel revolution is coming. The question is whether Africa will lead it or be left behind.”
“Algre-se Global stands ready to partner with governments, investors, and industry stakeholders to unlock this generational opportunity,” said Fatunla.
