In a bold move to bridge the budget gap and spur economic growth, President William Ruto’s administration is offloading a massive 65% stake in the Kenya Pipeline Company (KPC).
The deal, which is expected to wrap up by the end of January, aims to inject a staggering Sh120 billion into the national treasury.
For a government wrestling with tight fiscal margins, this isn't just a sale, t’s a strategic pivot toward innovative financing.
By choosing divestiture over traditional borrowing, the state is attempting to raise capital without further weighing down the taxpayer with high-interest debt.
One of the biggest concerns for Kenyans is always how such a windfall will be spent.
President Ruto has been firm on this point: the Sh120 billion is earmarked exclusively for infrastructure development.
This means the proceeds won’t be swallowed up by recurrent expenditures like salaries or used to pay off old loans.
Hello, my name is Yoruba. I'm a 25 year old self-employed blogger from the Africa.
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