“Privatisation is helping us to unlock immense value from our mature public assets. The Kenya Pipeline Company IPO, for example, has enabled us to raise KSh106 billion compared to the KSh5 billion in annual dividends we have been receiving over the years.

Using the National Infrastructure Fund, whose enabling law I signed on Monday, we will leverage the KSh106 billion to crowd in private capital and raise KSh1.2 trillion to finance the development of mega transformative infrastructure projects.

Through this innovative funding model, we are easing pressure on the national budget, reducing taxes, and cutting on sovereign debt. This is how we will transform Kenya in our lifetime.
Presided over the bell ringing of the Kenya Pipeline Company IPO, marking the start of share trading, at the Nairobi Securities Exchange,”President William Ruto.
[DNK-International@March 10,2026]