The National Treasury has officially received Ksh103 billion, the proceeds from the partial sale of the Kenya Pipeline Company (KPC). This handover marks a significant milestone in Kenya's privatisation efforts.

• The total proceeds received amount to Ksh103 billion.
• The funds were formally handed over by the Privatisation Authority of Kenya's board to Treasury Cabinet Secretary John Mbadi.
• This transaction involved Kenya's first-ever electronic Initial Public Offering (eIPO), with the government selling a 65 per cent stake in KPC.