Uganda eyes stake in Kenya Pipeline financed by part of $2bn Vitol-backed loan Uganda would use the Vitol-backed loan to acquire up to a 60% stake in Kenya Pipeline Company as Nairobi prepares an IPO expected to raise about $460mn.

Uganda would use the Vitol-backed loan to acquire up to a 60% stake in Kenya Pipeline Company as Nairobi prepares an IPO expected to raise about $460mn. Bne IntelliNews #Uganda #Kenya #KenyaPipeline #Vitol #finance

Kenya to list state assets, starting with Kenya Pipeline IPO Investing.com -- Kenya plans to list state assets on public markets to attract private sector investment, President William Ruto announced Wednesday at the London Stock Exchange (LON:LSEG). The government will begin by listing Kenya Pipeline Company through an initial public offering on the Nairobi Securities Exchange this year. "We are committed to a structured, time-sensitive programme that identifies and prepares a robust pipeline of key government assets to be privatised through the stock exchange or improved through private sector participation," Ruto said. The Kenyan president added that developing domestic capital markets could help reduce the country’s dependence on external debt. This article was generated with the support of AI and reviewed by an editor. For more information see our T&C.

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Family confirms cancer diagnosis for celebrated volleyball star Janet Wanja Former Kenya international volleyballer diagnosed with cancer of the gallbladder.

Celebrated Kenyan volleyballer and #kenyapipeline setter Janet Wanja has been diagnosed with cancer of the gallbladder

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