Estimates put Kenya Pipeline Company value at Sh120bn
NAIROBI, Kenya, Aug 12 - Kenya Pipeline Company (KPC) is worth Sh120 billion, government estimates show. KPC is a fuel distributor with a presence in Kenya breaking news | Kenya news today |..
✨ Key Highlights
Government estimates value the Kenya Pipeline Company (KPC) at Sh120 billion, as the state plans to divest a 65 percent stake. This divestiture aims to raise approximately Sh100 billion through an IPO on the Nairobi Securities Exchange (NSE).
- The National Treasury expects a projected valuation to incorporate asset revaluations to fetch the most optimal value.
- The government intends to reduce its shareholding in the strategic energy utility to 35 percent.
- The Treasury plans to offer shares to KPC employees ahead of its planned listing in September.
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Kenya Plans KPC Divestiture and Seeks $2B for JKIA Expansion - August 2025
The Kenyan government is seeking about $2 billion from various development banks to fund the expansion of Jomo Kenyatta International Airport (JKIA). Separately, government estimates value the Kenya Pipeline Company (KPC) at Sh120 billion as the state plans to divest a 65 percent stake. This divestiture aims to raise approximately Sh100 billion through an IPO on the Nairobi Securities Exchange (NSE). According to CS Mbadi, the government is set to retain 35 percent of the shares in KPC following the planned sale.
