Kenya Opens IPO to Ugandan Investors with KSh 106.3 Billion Target
Автор: Africa24 English
Загружено: 2026-02-18
Просмотров: 20
Описание:
Kenya is opening up a majority stake in the company that runs the pipeline supplying more than 90% of Uganda's fuel. Nairobi is inviting Ugandan investors to buy into the business through an initial public offering, positioning it as a regional partnership in critical energy infrastructure. The move comes as East Africa faces rising fuel costs, supply chain uncertainty, and growing economic integration.
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