Kenya: Aliko Dangote acquires 25% of the national pipeline network

Nigeria Nigerian billionaire Aliko Dangote continues his expansion in the African energy sector. His group announced the acquisition of a 25% stake in Kenya Pipeline Company (KPC), the Kenyan state-owned company responsible for transporting petroleum products across the country. The announcement was made by Dangote at the Financial Times Africa Summit in London. This operation allows his group to position itself in a strategic infrastructure for the energy supply of Kenya and the region. An investment accompanying a giant refinery project This acquisition occurs a few weeks after the launch of work on a major oil refinery in the port of Lamu, on the Kenyan coast. The project, led by Dangote, plans a production capacity of 700,000 barrels per day. The Nigerian group already operates a refinery of comparable capacity near Lagos, Nigeria. This facility is part of a vast industrial empire that also includes cement, fertilizers, sugar, and several other sectors. Kenya opens its capital to private investors The stake acquired by Dangote is part of the 25% of Kenya Pipeline Company's capital sold to private investors. Kenyan President William Ruto confirmed this operation during a speech, without revealing the identity of the buyers. Earlier this year, the Kenyan government had already sold 65% of Kenya Pipeline Company through an initial public offering, a major sale of public assets in two decades. Nairobi thus seeks to mobilize new financial resources in a context of budgetary constraints. Dangote accelerates his energy offensive in Africa With this investment in Kenya, Aliko Dangote confirms his ambition to play a major role in the transformation of the African energy sector. After Nigeria, where he has one of the continent's largest refineries, the businessman now wants to strengthen his positions in the East African markets. This strategy could allow the Dangote group to better control the oil supply chain, from production to transport, in a region where energy demand continues to grow. 01:51 Nigeria: authorities react after a first Ebola case 00:51 Nigeria records its first case of Ebola virus 01:00 Image stop from October 20, 2026: Meta accused of interference in the Brazilian election 01:08 Ebola: the US invites its citizens to "reconsider" all travel to Kenya 02:23 Shakahola Massacre: Paul Mackenzie and 28 co-accused found guilty 10:00 Mali: Human Rights Watch denounces crimes against civilians [Africanews Today]