Kenya Pipeline profit after tax rises to Ksh11.58B as revenue surges
Kenya Pipeline Company (KPC) has posted a 13 per cent increase in profit after tax to Ksh11.58 billion for the 2025/26 financial year, supported by a 9 per cent growth in group revenue to Ksh43 billion. Acting Chief Financial Officer Anthony Ndegwa presented the company’s financial performance to investors during a roadshow in Kigali, Rwanda, […]
Kenya Pipeline Company (KPC) reported a 13% increase in profit after tax to Ksh11.58 billion for the 2025/26 financial year, driven by a 9% growth in group revenue to Ksh43 billion. During a roadshow in Kigali, Rwanda on November 1, 2026, Acting CFO Anthony Ndegwa discussed the company's financial performance and expansion plans.
KPC aims to expand its regional pipeline network, with Rwanda identified as a key market. The company is considering a proposed pipeline extension to Kigali to improve transportation and storage of petroleum products across the region. KPC's CEO Pius Mwendwa emphasized the significance of Rwanda in the company's regional growth strategy, highlighting the potential for enhanced supply reliability, improved efficiency, and strengthened regional integration.
KPC is pursuing growth through investments in pipeline expansion, storage capacity, and infrastructure modernization, alongside partnerships to meet rising energy demand across East Africa. The Rwanda investor roadshow showcased the company's growth strategy and explored opportunities for regional connectivity and energy security.
Following the government's partial privatization, KPC is owned by the state (35%), Uganda National Oil Company (~20.15%), and Nigerian businessman Aliko Dangote (~24.76%). President William Ruto defended the sale of shares to Dangote, asserting that the government would not allow intermediaries to benefit from the transaction.
Written by urgent.news from People Daily Kenya's reporting — not their text. Machine-written — may contain errors; check the original before relying on it.
