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Posta eyes over Sh2.5bn capital from e-commerce giants
Postal Corporation of Kenya (PCK) Postmaster General and CEO John Kipyegon Tonui during the signing ceremony of a landmark agency banking partnership at Skypark in Nairobi on April 16, 2025.
The struggling Postal Corporation of Kenya (Posta) is targeting a capital injection of at least Sh2.5 billion from e-commerce companies in exchange for equity in its courier business segment, as part of efforts to turn around its operations.
Posta is seeking to raise more than Sh2.5 billion by selling a stake in its courier division Express Mail Services (EMS) to private sector investors, particularly e-commerce firms that depend on nationwide delivery networks.
