Top stories
🇰🇪 KenyaBusiness

Kenya Pipeline increases annual profit by 13%

By , based on Nile Post

Kenya Pipeline increases annual profit by 13%Kenya Pipeline Company · CC BY-SA 4.0

Kenya Pipeline Company increased its annual profit after tax by 13% to 11.58 billion Kenyan shillings, driven by higher oil volumes and improved efficiency. Its revenue rose by 9% in 2026, according to results presented by acting managing director Pius Mwendwa.

Kenya Pipeline Company (KPC), a Kenyan petroleum products transport company listed on the Nairobi Securities Exchange, increased its annual profit after tax by 13% to 11.58 billion Kenyan shillings, equivalent to about 320.8 billion Ugandan shillings, Nile Post reports.

Its revenue rose by 9% in the 2026 financial year to 43 billion Kenyan shillings, from 39.5 billion a year earlier. The increase was supported by a 7% rise in the volumes of petroleum products transported for the domestic and transit markets. Uganda holds a 21.22% stake in the company.

The rest of this article is for subscribers.

Try AFREEQUE!

  • Every article in full: all the news from Africa, summarised and easy to read
  • A local source in 52 of the continent’s 54 countries
  • 100% independent: no advertising, no shareholders
  • The satisfaction of supporting an independent African news outlet that serves its readers

Discovery offer

€1

for 15 days

then €9.99/month

Try it for €1

No commitment · cancel in one click
New subscribers only

🔒 Secure payment with:

Mastercard, Visa, Google Pay and Apple Pay

Already a subscriber? Log in

Summary produced with the help of artificial intelligence tools, under AFREEQUE’s editorial responsibility.

Share this article

Related stories

Tanzania’s Nkangamo substation 83% complete

The Nkangamo electricity substation in Tanzania’s Songwe region is 83.13% complete after an investment of 285.7 billion Tanzanian shillings. The project is due to be energised in November 2026 and strengthen electricity supplies, according to information presented to Vice-President Deogratius Ndejembi by the managing director of Tanzania Electric Supply Company.

🇹🇿 Tanzania · Source: Daily News ·

Senegal: prices rise by 1.1% in September

Consumer prices in Senegal rose by 1.1% in September 2026, with food prices up 2% and electricity up 3.8%. Fuel prices increased by 4.4% following a price adjustment, according to the National Agency of Statistics and Demography.

🇸🇳 Senegal · Source: Seneweb ·

Nigeria foreign currency demand reaches $18.34 billion

Foreign currency demand in Nigeria reached $18.34 billion in the second quarter of 2026, including $9.64 billion for financial services. This use rose by 12.84% quarter on quarter and 52.42% year on year, according to a Financial Markets Dealers Association report based on central bank data.

🇳🇬 Nigeria · Source: Punch ·

Kerosene price rises by 28.49 shillings in Kenya

The Kenyan motorists’ association is calling for an independent audit of the fuel price increase and the government-to-government oil import arrangement. From 15 October to 14 November, petrol in Nairobi costs 226.96 Kenyan shillings per litre, diesel 227.76 and kerosene 219.87, according to the association cited by Capital FM.

🇰🇪 Kenya · Source: Capital FM ·

🇰🇪 Latest from Kenya

Map: Nakuru, KenyaKenya: George Nene weeps in Nakuru AssemblyGeorge Nene, representative for the Elementaita ward in the Nakuru County Assembly, broke down in tears as he spoke of the risk of losing his seat in 2027. He accused the Nakuru executive of failing to carry out funded projects, Tuko reports.All Kenya news →

Business in East Africa

Map: TanzaniaTanzania and China strengthen vocational training for young peopleTanzania and China want to deepen cooperation in technical and vocational training to better prepare young people for the needs of the economy. In Tianjin, the two deputy education ministers discussed scholarships, expert exchanges and the creation of four technical institutions in Tanzania, according to the Tanzanian Ministry of Education, Science and Technology.All Business news →

The week in Africa

This week’s highlights

  1. Ebola reaches Nord-Ubangi, the eighth province affected in DR Congo🇨🇩 DR Congo
  2. IEA accelerates release of more than 20 million barrels of diesel🌍 World
  3. Trump calls Somaliland a country as Mogadishu defends sovereignty🇸🇴 Somalia
  4. Infantino apologises as FIFA Council sees his position under threat🌍 World
  5. Dakar YOG preparations reach 92%🇸🇳 Senegal
All of this week’s highlights →

← Back to the news