- Uganda has secured a strategic stake in the Kenya Pipeline Company (KPC).
- The investment was signed in Nairobi by Energy Minister Ruth Nankabirwa Ssentamu.
- Uganda is investing through the Uganda National Oil Company (UNOC).
- Over 90% of Uganda’s fuel imports pass through the Port of Mombasa via KPC pipelines
- The move strengthens Kenya-Uganda energy ties and boosts regional fuel security
Uganda has formally acquired a strategic stake in the Kenya Pipeline Company (KPC), marking a significant milestone in regional energy cooperation just days before the company’s Initial Public Offering (IPO) closes.
The high-level agreement was signed in Nairobi by Uganda’s Energy Minister, Ruth Nankabirwa Ssentamu, who led a delegation to finalize the deal on behalf of Kampala.
UNOC to Anchor Uganda’s Investment in KPC IPO
Uganda’s investment is being executed through the Uganda National Oil Company (UNOC), signaling a strategic shift in East Africa’s energy diplomacy.
“In Nairobi, I signed on behalf of the Ugandan Government to formalize our participation in the IPO of the Kenya Pipeline Company,” Nankabirwa confirmed.
The KPC IPO is approaching its extended deadline of February 24, 2026, and Uganda’s entry is already being viewed as a strong vote of confidence in the regional energy giant.
Why Uganda Is Buying Shares in Kenya Pipeline Company
Uganda’s decision is anchored on three key pillars:
- Long-term energy security
- Stable petroleum supply chain
Affordable and reliable fuel imports
As a landlocked country, Uganda depends heavily on Kenya’s infrastructure.
Over 90% of its refined petroleum products are transported via KPC’s pipeline network from the Port of Mombasa.
By investing directly in KPC, Uganda is positioning itself to have greater control and influence over a critical regional petroleum corridor.
Boost for Kenya-Uganda Energy Cooperation
KPC plays a central role in petroleum transport and storage across East Africa, making it one of the most strategic state corporations in the region.
Analysts say Uganda’s move strengthens bilateral ties between Nairobi and Kampala while positioning UNOC as a serious regional energy player.
The acquisition also comes at a time when global oil markets remain volatile, prompting countries to secure supply chains and strengthen regional partnerships.
What This Means for East Africa’s Energy Future
Uganda’s stake in KPC signals deeper integration within the East African energy corridor. With oil production projects advancing and regional demand rising, infrastructure ownership is becoming a strategic priority.
This investment not only enhances Uganda’s fuel security but also cements Kenya’s role as a regional petroleum hub.
As the KPC IPO closes, all eyes remain on how this cross-border partnership will shape the future of oil and gas logistics in East Africa.
