The Cabinet has approved the partial privatisation of the Kenya Pipeline Company (KPC), paving the way for its listing on the Nairobi Securities Exchange (NSE). This landmark decision aims to democratise ownership and unlock the company’s full commercial potential.

According to a statement from State House, the move is expected to bring in private capital and professional expertise, enhancing operational efficiency, modernising infrastructure, and positioning KPC as a regional logistics and energy powerhouse.

While KPC has remained profitable, bureaucratic inefficiencies have limited its growth. The partial privatisation signals a broader shift toward private-sector-led growth, reducing State dominance in commercial enterprises.

In the same session, Cabinet also approved:

• Phase III of the Last Mile Connectivity Project, targeting 180,500 new connections for homes, schools, and MSMEs.
• The Olkaria VII Geothermal Project, expected to add 80.3MW of clean energy to the national grid by 2027.

These initiatives align with the government’s agenda to stimulate investment, improve infrastructure, and boost energy access nationwide.