Kenya: Kenya Pipeline IPO at Heart of Govt’s Ksh106 Billion Infrastructure Funding Plan

Kenya has officially launched the Kenya Pipeline Company Limited (KPC) Initial Public Offering (IPO) at the Nairobi Securities Exchange (NSE), marking a historic moment as the largest IPO in the country’s history and Kenya’s first-ever fully electronic public offer.

The transaction will see 65 per cent of KPC’s issued ordinary shares offered to the public at Ksh 9 per share, allowing Kenyans and global investors alike to invest in one of the nation’s most strategic energy…