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Kenya Will Use some Proceeds From Pipeline IPO to Expand Main Airport

Summary by CGTN
The government of Kenya will allocate between up to $155 million from the proceeds of the initial public offering (IPO) of the shares of Kenya Pipeline Company to finance the expansion of Jomo Kenyatta International Airport, President William Ruto said on Monday.

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Kenya will use some proceeds from pipeline IPO to expand main airport

·United Kingdom
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Kenya intends to use 15 to 20 billion shillings (around 100 million to 130 million euros) from the proceeds of the Kenya Pipeline Company's IPO for the expansion of the Jomo Kenyatta airport in Nairobi. President William Ruto announced this. According to government information, the airport is already operating above its capacity limit.

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NTV Kenya broke the news in Nairobi County, Kenya on Monday, March 9, 2026.
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