Kenya Opens KPC IPO, Sells 65% Stake

Published: 26 Jan, 2026 08:16 Sources: S1 S2 Category: Business Language: English Country: Kenya

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Kenya launched the sale of a 65% stake in Kenya Pipeline Company through a KSh106 billion initial public offering, the largest privatisation in the country’s history. The IPO opened on January 19 and closes on February 19, with shares priced at KSh9 each. Structured as a fully digital offer, it allows investors to apply via USSD or an online portal. KPC will list on the Nairobi Securities Exchange on March 9, 2026.