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Reducing external debt: Kenya Pipeline Company plans to join the Nairobi Stock Exchange

08/01/2026
Source : ORISHAS FINANCE
Categories: Sectors

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The President of Kenya, William Ruto announced on Monday January 5, 2026 that the Kenya Pipeline Company (KPC) will be introduced on the Nairobi stock exchange by the end of January 2026. The introduction is part of the framework of a comprehensive plan to privatize state-owned corporations.

The Kenya Pipeline Company (KPC) is a company public specialized in transport and storage infrastructures of petroleum products in Kenya and other East African countries. The objective of its listing on the Nairobi Stock Exchange is to deepen the markets of domestic capital and to mobilize domestic resources to reduce the external debt.

The head of state also indicated that the operation is part of a wider strategy of its administration, aimed at “unlocking the value of public assets, at deepening markets financial and to ensure that ordinary citizens benefit from the fruits of economic growth.”

“We said the shares will be sold to everyone. Even if you only have 200 or 300 shillings, come and buy some so that when the benefits are announced, you can take advantage of them” a declared the head of state.

For him, the introduction in KPC stock exchange would allow ordinary citizens to hold a participation in one of the most profitable public companies in the country.

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