Kenya Aims to Sell State Assets to Reduce Debt and Boost Investment
In a bold move aimed at invigorating the economy and drawing in private sector investment, Kenya is gearing up to privatize a number of state-owned enterprises through initial public offerings (IPOs). President William Ruto articulated this vision during a recent address at the London Stock Exchange, emphasizing the need for a modern and dynamic approach to national economic management.
The journey towards privatization is set to kick off later this year with the listing of the Kenya Pipeline Company on the…