Business & Economy3 stories
Varun Beverages, a major PepsiCo bottler, is setting up a manufacturing plant in Kenya, with construction slated for completion by Q4 2027. In the telecommunications sector, Airtel Africa is partnering with Starlink to significantly expand internet access in underserved areas across Airtel's 14 markets, including Kenya, by leveraging satellite technology. This collaboration aims to overcome backhaul infrastructure challenges hindering rural network expansion. Concurrently, the Kenya Pipeline Company (KPC) initial public offering (IPO) has been extended by three days to February 24, 2026. The extension was necessary as the state-owned firm struggles to reach its Sh106.3 billion sales target due to low uptake among high-net worth investors.
