DNK International By Our Correspondent,Nyahururu
Mau Mau veterans and their descendants are seeking a significant foothold in Kenya’s modern economy through a proposed Sh 555 million investment in Kenya Pipeline Company (KPC), under the government’s ongoing privatization programme.
MMV Associates CLG has formally expressed interest in acquiring 61,666,666.67 shares in KPC, positioning the move as both an economic investment and a symbolic step toward post-independence empowerment.
In a letter dated February 9, 2026 and addressed to the Managing Director of the Privatization Authority, the organization confirmed that it meets the eligibility requirements outlined in the IPO prospectus and is prepared to comply fully with regulatory obligations.
The application, signed by Director James Njuguna Mahuria, was accompanied by identification documents and copied to the National Bank of Kenya, Francis Drummond & Company Limited, and the Mau Mau War Veterans Association.
The initiative is backed by a coalition that includes Mau Mau War Veterans Associates, Mau Mau Indigenous Knowledge, the Jeremiah Mugi Foundation, and MMV Associates CLG, operating under a shared vision of uplifting what they describe as “Mau Mau Children Post-Colonial Elites.”
Supporters say the investment goes beyond financial returns.
While Mau Mau fighters were central to Kenya’s liberation struggle, many veterans and their families have remained economically marginalized.
Securing shares in a strategic state corporation such as KPC is viewed as a pathway to collective ownership, long-term financial security, and recognition of their historical contribution.
The proposal has progressed within established regulatory channels.
Francis Drummond & Company Limited acknowledged receipt of the application in a letter dated 10 February 2026, confirming its readiness to facilitate CDSC account opening and the IPO application process. Chief Executive Officer Daniel Gikandi emphasized compliance with IPO prospectus requirements, CDSC regulations, and Capital Markets Authority guidelines, including full Know Your Customer documentation and disclosure of source of funds.
The investment drive coincides with formal government recognition of Mau Mau Veterans Associates CLG. On 26 January 2026, the Office of the President, through the Ministry of Interior and National Administration, requested County Commissioners to provide administrative support to the organization.
The communication recognized it as a duly registered community-led umbrella body engaged in peacebuilding, civic awareness, environmental conservation, and preservation of liberation history.
For the veterans and their partners, the proposed KPC stake represents a bridge between the sacrifices of the past and participation in Kenya’s economic future, anchoring the legacy of the freedom struggle within the country’s contemporary development agenda.
[DNK-International@February 12,2026]
