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Originally published by The Standard BusinessMarch 11, 2026
2h ago
How Museveni outfoxed Ruto into ceding control of Kenya Pipeline

Uganda has secured a key stake in Kenya Pipeline Company through its Initial Public Offer, raising concerns over foreign control of Kenya’s strategic assets...
✨ Key Highlights
Concerns about foreign control of strategic assets have been amplified following the Kenya Pipeline Company's (KPC) Initial Public Offer, which has resulted in Uganda becoming a significant shareholder.
- Uganda, through its national oil company, now holds a 20.15 per cent stake in the KPC.
- The key transactions involved Uganda and the Kenya Pipeline Company.
- This development raises questions about the security of Kenya's fuel supply, as Uganda gains influence over the entity managing fuel transport and distribution infrastructure.
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