Economic news

Kenya cancels proposed deals with Adani Group

2024.11.21 08:23

© Reuters. FILE PHOTO: The logo of the Adani Group is seen on the facade of one of its buildings on the outskirts of Ahmedabad, India, April 13, 2021. REUTERS/Amit Dave/File Photo

NAIROBI (Reuters) – Kenyan President William Ruto said on Thursday he had ordered the cancellation of procurement process to expand the country’s main airport, in which the government was considering a proposal by India’s Adani Group.

Ruto said he had also directed the cancellation of a more than $700 million deal the energy ministry had signed with a unit of the Adani Group to construct power transmission lines.



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