ReferIndia News Kenya's Bold Move: Transforming Infrastructure Through IPO Funding

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Kenya's Bold Move: Transforming Infrastructure Through IPO Funding

Published on: March 9, 2026, 3:56 p.m. | Source: Devdiscourse

Kenya plans to use funds from a public share offering in Kenya Pipeline Company to expand Nairobi's main airport. The government sold a 65% stake, raising significant capital earmarked for infrastructure projects. President Ruto highlights this as a new model for funding crucial expansions at Jomo Kenyatta International Airport.

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