NAIROBI, Kenya Nov 23-Kenya has formally invited Uganda to acquire a significant stake in the Kenya Pipeline Company (KPC), in what President William Ruto described as a historic step toward shared ownership of regional fuel infrastructure.<\/p>\n
President Ruto announced that Kenya will divest up to 65 percent of KPC, opening the door for the Ugandan government, private investors, and citizens across East Africa to buy into the strategic firm that transports petroleum products across the region.<\/p>\n
\u201cLet me commend you, Mr. President, for agreeing to work with us .I have given appropriate guidance on the need for Uganda and Kenya, public and private, to jointly own the Kenya Pipeline Company. That facility is not just a Kenyan facility; it is a regional facility,\u201d President Ruto said during the launch of the Devki Steel factory.<\/p>\n
The Head of State said Uganda had already expressed readiness to co-invest, noting that the move would diversify ownership of a critical regional lifeline and strengthen East Africa\u2019s energy security.<\/p>\n
He urged Ugandans and other East Africans to participate once shares become available in March next year.<\/p>\n
President Ruto emphasized that joint ownership of KPC aligns with ongoing regional infrastructure plans, including the extension of the Eldoret\u2013Kampala fuel pipeline deeper into Rwanda and the Democratic Republic of Congo.<\/p>\n
\u201cThe government of Kenya has approved for our two governments to co-invest in extending that pipeline so that it can serve East Africa,\u201d he said.<\/p>\n
Ruto further revealed that in January, Kenya and Uganda would launch the extension of the Standard Gauge Railway (SGR) from Naivasha to Kampala, linking directly with the planned pipeline route from Malaba into the DRC.<\/p>\n
The two projects, he said, would significantly cut transport costs, improve logistics, and enhance the region\u2019s global competitiveness.<\/p>\n
To ease congestion along the Northern Corridor, Ruto announced that next Friday he will launch the dualling of the Rironi\u2013Malaba highway, a move he described as a strategic intervention to speed up the movement of goods and people between the two countries.<\/p>\n
\u201cAs you know, Mr. President, that road is getting slower as traffic increases. We are creating a highway to facilitate faster movement of goods, people, and services between Kenya, Uganda and the East African hinterlands,\u201d he said.<\/p>\n
Kenya has moved to firmly dispel speculation over Uganda\u2019s access to the sea, with President William Ruto declaring that the two neighboring states remain united in expanding regional transport, logistics, and infrastructure corridors for shared prosperity.<\/p>\n
President Ruto dismissed what he termed naysayers and sections of the media that attempted to create friction between the two countries over Uganda\u2019s long-standing reliance on Kenyan ports.<\/p>\n
\u201cI know people in the journalist space tried to create an impression that Uganda had said something to the effect that they need to access the sea by all means. Let me assure the naysayers that Uganda and Kenya are brothers and sisters and we do not have time for negative engagement,\u201d President Ruto said.<\/p>\n
President Ruto emphasized that Uganda\u2019s access to the sea through Kenya is not under threat, noting that both governments were actively strengthening the very corridors critics claimed were in jeopardy.<\/p>\n
\u201cUganda is assured of the access to the sea through Kenya.That is why we are not only extending the pipeline, we are also extending the road and we are also extending the railway because we believe that this region needs to move as one,\u201d he said.<\/p>\n
The Head of State said both countries were entering a new phase of coordinated investment intended to boost trade, cut transport costs and attract investors across East Africa.<\/p>\n
\u201cWe have time for progress. We want to work together to create jobs, to attract investment, and to do developments like the one we see here today. We want to connect this region so that we can share prosperity because poverty cannot be shared,\u201d Ruto said.<\/p>\n
He further reiterated country\u2019s readiness to work closely with Uganda, Rwanda and other EAC partners to transform today\u2019s milestone into tomorrow\u2019s prosperity.<\/p>","protected":false},"excerpt":{"rendered":"
NAIROBI, Kenya Nov 23-Kenya has formally invited Uganda to acquire a significant stake in the Kenya Pipeline Company (KPC), in what President William Ruto described as a historic step toward shared ownership of regional fuel infrastructure. President Ruto announced that Kenya will divest up to 65 percent of KPC, opening the door for the Ugandan […]<\/p>\n","protected":false},"author":0,"featured_media":0,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"jetpack_post_was_ever_published":false,"_jetpack_newsletter_access":"","_jetpack_dont_email_post_to_subs":false,"_jetpack_newsletter_tier_id":0,"footnotes":""},"categories":[1],"tags":[],"class_list":["post-125241","post","type-post","status-publish","format-standard","hentry","category-uncategorized","entry"],"jetpack_sharing_enabled":true,"jetpack_featured_media_url":"","jetpack-related-posts":[],"_links":{"self":[{"href":"https:\/\/chezaspin.com\/blog\/wp-json\/wp\/v2\/posts\/125241","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/chezaspin.com\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/chezaspin.com\/blog\/wp-json\/wp\/v2\/types\/post"}],"replies":[{"embeddable":true,"href":"https:\/\/chezaspin.com\/blog\/wp-json\/wp\/v2\/comments?post=125241"}],"version-history":[{"count":0,"href":"https:\/\/chezaspin.com\/blog\/wp-json\/wp\/v2\/posts\/125241\/revisions"}],"wp:attachment":[{"href":"https:\/\/chezaspin.com\/blog\/wp-json\/wp\/v2\/media?parent=125241"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/chezaspin.com\/blog\/wp-json\/wp\/v2\/categories?post=125241"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/chezaspin.com\/blog\/wp-json\/wp\/v2\/tags?post=125241"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}