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KPC share price jumps 8pc after Dangote buy
Kenya Pipeline Company (KPC) Acting Chief Executive Officer Pius Mwendwa makes his remarks during the companies Investor Briefing for FY2026 Results held at the Nairobi Securities Exchange (NSE) on October 14, 2026.
Photo credit: Francis Nderitu | Nation Media Group
Kenya Pipeline Company Plc share price jumped 7.9 percent on Thursday, hitting a high of Sh9.78 from Sh9.06 at its previous closing, after the disclosure of Aliko Dangote’s acquisition of a 24.7 percent stake in the company.
The entry of the Nigerian billionaire businessman, who is expected to make fresh investments in the business, has been viewed as a vote of confidence in the mid-stream oil company, driving investors’ interest in the counter.
