Kenya Cancels Adani's Deals: What This Means for Taxpayers’ Money - News Summed Up

Kenya Cancels Adani's Deals: What This Means for Taxpayers’ Money


President William Ruto cancelled the multi-billion controversial Adani deals in Kenya during his State of the Nation address on Thursday, November 21. President William Ruto scrapped Adani's deals after public pressure. Photo: William Ruto. Adani Group submitted its proposal to KETRACO in 2023, seeking to build power transmission lines for over KSh 95 billion. Adani Airport Holdings, a subsidiary of Adani Group, sought to take over the management of JKIA for 30 years under the Public-Private Partnership (PPP) model.


Source: Daily Nation November 23, 2024 09:18 UTC



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