UPDF would need a very capable drone squad. Speaking of, energy and internet connectivity getting to the farthest corners of the country is matter of national security in this age of high-tech war.
They were probably pressured by the govt to invest so that the listing wouldn't flop, so this might be a welcome opportunity to exit the position.
I would assume NSSF didn't sell.
Nigerian billionaire Aliko Dangote has confirmed his firm acquired a 25% stake in Kenya Pipeline Company (KPC), according to a Bloomberg Terminal report on October 21, 2026.
Speaking at an event in London, Dangote said the investment would support the distribution of petroleum products.
The announcement identifies the buyer behind Monday’s KSh 42.5 Bn block trade involving 4.5 Bn shares, equivalent to 24.76% of KPC.
President William Ruto had confirmed the shares were acquired from public entities. Business Daily reported at least eight parastatals participated in the sale.
Major post-IPO public investors included NSSF, UFAA and State-backed pension schemes. The individual sellers and Dangote’s acquiring legal entity remain undisclosed.
Interesting.
Dangote confirms they purchased the ~25% stake in $KPC
I guess it makes perfect sense for the Lamu refinery and distribution.
We should stop pretending that the border with DRC isn't as porous as every other border. Since we now understand the concept of asymptomatic cases we should admit to ourselves that temperature guns are not really an effective screening tool. Both cases of ebola that transited through Uganda were already undergoing treatment so that likely masked the usual symptoms.
It looks like BOU's intervention didn't make much of a dent in the short term. It's going to be a tough holiday season.
"we cannot guarantee when your vehicle will be delivered, or if it will be delivered" 😆
The NEW Tesla Roadster Event: My Honest Reaction
youtu.be/scwlR0QHGOk
