Govt plans Kenya Pipeline Company IPO listing in September

NAIROBI, Kenya, July 24 - President William Ruto has set a target for the initial public offering (IPO) of the Kenya Pipeline Company (KPC), stating that Kenya breaking news | Kenya news today |..

✨ Key Highlights

The Kenya Pipeline Company (KPC) is set to launch its initial public offering (IPO) on the Nairobi Securities Exchange by September 2025, as announced by President William Ruto.

KPC shares will debut on the NSE, marking the first state-owned enterprise IPO in nearly two decades.
The Cabinet is expected to approve the divestiture by the end of July 2023, allowing the proposal to move to Parliament.
Proceeds from the IPO will be used to expand KPC's market reach and product offerings, including LPG.

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