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Originally published by The Kenyan Wall Streetbusiness
October 2, 2025
2h ago
MPs Approve Kenya Pipeline’s KSh 100bn Privatization
Parliament approves Sessional Paper No. 2 of 2025, paving the way for a KPC IPO that could raise KSh 100B under strict safeguards and oversight...
✨ Key Highlights
The National Assembly has approved the privatization of the Kenya Pipeline Company (KPC), paving the way for what could be Nairobi's largest initial public offering in over two decades. The government plans to sell up to 65% of its stake in the strategic petroleum transporter, aiming to raise approximately KSh 100 billion.
- The government intends to sell up to 65% of its stake in KPC, retaining a minimum of 35%.
- John Mbadi, Cabinet Secretary of the National Treasury, stated the listing will raise capital for KPC's expansion and deepen capital markets.
- The privatization plan includes safeguards such as an audit by the Office of the Auditor General within six months and shareholding limits to prevent concentration of ownership.
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