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Macro Finance

Dangote Buys 25% Stake in Kenya Pipeline for $327 Million

Bloomberg Markets·October 21, 2026·1 min read

Aliko Dangote's company bought a 25% stake in Kenya Pipeline Co. for $327 million, as Africa's richest man expands his energy empire across the continent. The deal gives Dangote a foothold in Kenya's fuel distribution infrastructure, strengthening his position in the region's energy market.

Read at Bloomberg Markets
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