The Kenyan government has successfully raised Ksh106.7 billion from the Kenya Pipeline Company (KPC) Initial Public Offer (IPO), with regional neighbours, notably Uganda and Rwanda, acquiring a significant portion of shares.

• The IPO saw the sale of 7.9 billion shares, generating Ksh106.7 billion for the government.
• Treasury Cabinet Secretary John Mbadi announced the results, highlighting strong participation from local investors and neighbouring East African countries.
• Uganda and Rwanda collectively purchased 3.8 billion shares, representing 21% of the total offering, with Rwanda utilizing its pension funds for the investment.