Kenya: Dangote Buys 25% Stake in Kenya Pipeline for $327m

[Daba Finance] Nigerian billionaire Aliko Dangote has acquired a 25% stake in Kenya Pipeline Company for about $327 million, expanding his energy business into East Africa's fuel transportation network. Dangote announced the acquisition on October 21, 2026, at the Financial Times Africa Summit in London, confirming that one of his companies had purchased an interest in the pipeline operator. He did not disclose which subsidiary completed the transaction. The purchase comes as Dangote Industries develops a $16 billion

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