Fears of foreign control over strategic national assets have materialized following the Kenya Pipeline Company (KPC) Initial Public Offer, which saw Uganda emerge as a significant shareholder.

• Uganda, through its national oil company, now owns 20.15% of KPC.
• The deal impacts the entity responsible for fuel transport and distribution infrastructure in Kenya.
• The article suggests this outcome was influenced by President Museveni outmaneuvering President Ruto.