Tag: Uganda energy investment East Africa

Kenya Pipeline Company IPO
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Uganda secures $821.8 million stake in Kenya Pipeline IPO stake

Uganda, through the Uganda National Oil Company (UNOC), has secured a $821.8 million stake in the Kenya Pipeline Company (KPC) IPO, marking one of East Africa’s largest cross-border energy investments. The acquisition grants Uganda the right to appoint two directors to KPC’s board, strengthening Kampala’s strategic influence over the region’s petroleum transit infrastructure. The Ksh106 billion ($821.8 million) deal represents…

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