The Kenyan government has launched the sale of a 65% stake in its state-owned petroleum transporter, Kenya Pipeline Company, as part of a broader push to offload high-value assets to finance major infrastructure projects.

The proceeds are expected to support road construction, the modernisation of ports and airports, and the expansion of energy infrastructure. President William Ruto's administration aims to raise $825 million from an initial public offering of KPC, which would mark Kenya's first IPO since 2015.

Thami Ngubeni spoke to Ruth Kinyanjui, an economist and Governance expert based in Kenya.

The Kenyan government has launched the sale of a 65% stake in its state-owned petroleum transporter, Kenya Pipeline Company, as part of a broader push to offload high-value assets to finance major infrastructure projects.
The proceeds are expected to support road construction, the modernisation of ports and airports, and the expansion of energy infrastructure. President William Ruto's administration aims to raise $825 million from an initial public offering of KPC, which would mark Kenya's first IPO since 2015.
Thami Ngubeni spoke to Ruth Kinyanjui, an economist and Governance expert based in Kenya.

In-depth financial issues, profiling of African businesses doing well internationally, stocks & market updates.

In-depth financial issues, profiling of African businesses doing well internationally, stocks &amp; market updates.