Kenya Pipeline IPO, Mansa X earn dealmakers and brokers Sh9.8bn

Stockbrokers and investment banks in Kenya nearly tripled their revenue in the first half of 2026, reaching Sh9.88 billion, driven by transaction fees from the Kenya Pipeline Company's IPO and the Mansa X Fund. The industry's net profits also tripled to Sh3.59 billion. This recovery was supported by increased trading activity and the return of IPOs after a decade-long drought.