Treasury Issues Update on Kenya Pipeline Status After Privatisation

The KPC IPO has faced sharp criticisms, with the country being bound in a "wait-and-see" game to see if the divestiture will yield fruits or not...

✨ Key Highlights

The National Treasury has officially removed the Kenya Pipeline Company (KPC) from its list of state entities following the completion of its Initial Public Offering (IPO).

The government has sold a 65 per cent stake in KPC through an IPO on the Nairobi Securities Exchange (NSE).
Cabinet Secretary for the National Treasury, John Mbadi, signed the legal notice on April 22, 2026, revoking KPC's designation.
KPC will now operate under new governance and accountability structures, no longer falling under the financial oversight framework for state organs.