Kenya drops over $2.5 billion of Adani deals after US indictment
1 day ago · Under the proposed deal worth nearly $2 billion, the Adani Group was to add a second runway at the Jomo Kenyatta international airport and upgrade the passenger terminal in exchange for a 30-year ...
Kenya's president cancels major deals with Adani Group
1 day ago · The Adani Group was set to invest $1.85bn in Kenya's main airport in exchange for a contract to run it for 30 years, as well as a $736m deal with the energy ministry to construct power lines.
Kenya cancels airport and energy deals with Adani group after …
The Adani group had also been awarded a deal to construct power transmission lines in Kenya, East Africa's business hub. Also Thursday, Energy Minister Opiyo Wandayi told a parliamentary committee ...
Kenya cancels airport, energy deals with Adani group after US ...
1 day ago · The widely criticised deal had sparked anti-Adani protests in Kenya and a strike by airport workers, who said it would lead to degraded working conditions and job losses in some cases. The Adani group had also been awarded a deal to construct power transmission lines in Kenya, East Africa's business hub.
Kenya cancels airport and energy deals with Adani group after US ...
1 day ago · The Adani Group, meanwhile, decided not to proceed with a proposed U.S. dollar-denominated bond offering. Adani Renewables announced the decision in letters to the Bombay Stock Exchange and the ...
Kenya cancels $730 million proposed deals with Adani Group …
1 day ago · Kenyan President William Ruto said on Thursday he had ordered the cancellation of a procurement process expected to hand control of the country's main airport to Adani Group following the indictment of the company's founder Gautam Adani in the United States.. Ruto said he had also directed the cancellation of a 30-year, $736-million public-private partnership deal …
Kenya cancels multimillion-dollar worth airport, energy deals with ...
1 day ago · The Adani Group had been in the process of signing an agreement that would modernise Kenya's main airport in the capital, Nairobi, with an additional runway and terminal constructed, in exchange for the group running the airport for 30 years. The project was criticised and sparked anti-Adani protests in Kenya.
Kenya cancels proposed power transmission deal with Adani Group …
1 day ago · Kenya's energy minister said there was no bribery or corruption in awarding a contract to the Adani Group to build power lines in the country. Energy Minister Opiyo Wandayi said the deal was above ...
Kenyan court halts proposed Adani lease of country's main airport
Sep 10, 2024 · Kenya's high court has temporarily blocked a proposed deal for India's Adani Group to lease the country's main airport for 30 years in exchange for expanding it, court documents showed.
Kenya cancels Adani deals after US indictment - Yahoo
1 day ago · An Adani Group subsidiary this year also secured a $1.85 billion lease to upgrade and operate Kenya’s largest airport in a 30-year concession, in a privately initiated proposal (PIP).
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