The Government of Uganda has successfully concluded engagements with the Government of Kenya regarding Uganda’s participation in the ownership of the Kenya Pipeline Company (KPC), which is currently undergoing an Initial Public Offering (IPO).
The Minister of Energy and Mineral Development, Hon. Ruth Nankabirwa Ssentamu and the Attorney General led a high-level delegation to Nairobi, Kenya to finalize discussions on Uganda’s strategic entry into KPC’s shareholding structure. The Government of Uganda will invest and hold a strategic stake in KPC through the Uganda National Oil Company (UNOC).
Uganda’s participation in the IPO is a deliberatestrategic decision aimed at strengthening regional energy cooperation and safeguarding national interests. The investment will enhance security of access to petroleum products, improve affordability, and reinforce long-term supply stability for Uganda and the wider region.
The Government of Uganda appreciates the Government of Kenya for recognizing Uganda’s strategic role in KPC’s current and future operations. Following the IPO, Uganda looks forward to working closely with the Government of Kenya and other shareholders to advance the company’s business objectives, enhance operational efficiencies, and promote regional energy integration.
This milestone further demonstrates Uganda’s commitment to deepening bilateral relations with Kenya and advancing regional integration under the East African Community framework. Uganda remains committed to investing in strategic regional infrastructure that strengthens economic cooperation and shared prosperity.
