Adani Group Stories

Treasury revises PPP framework after public outcry over controversial Adani deals
Maureen Kinyanjui  |  Feb 06, 2025

The review follows warnings from international partners about weaknesses in Kenya's PPP approach.

Kenya cancels multi-billion-shilling Adani border security project for visitor tracking
Lucy Mumbi  |  Feb 02, 2025

The new system was designed to integrate immigration, customs, border patrol, and intelligence units, facilitating real-time sharing of information.

UDA blogger: State contracted individuals to tarnish Gachagua, defend Adani, SHA
Lucy Mumbi  |  Jan 27, 2025

Kimani alleged that despite being promised Sh250,000 for the assignment, she only received Sh50,000, a fraction of the agreed amount.

Treasury forms expert team to mobilise local capital for development, reduce reliance on loans
Maureen Kinyanjui  |  Jan 23, 2025

The committee's task includes identifying viable PPP projects, such as the expansion of the Jomo Kenyatta International Airport airfield.

Whistleblower in JKIA-Adani deal named one of the most influential Africans
Erick Kariuki  |  Dec 28, 2024

In July, Amenya leaked details on social media of an arrangement between Kenya and the Adani Group, an Indian conglomerate. This ignited an outrage th...

Raila says he stands by cancelled Adani deals despite controversy and opposition
Maureen Kinyanjui  |  Dec 28, 2024

Odinga said the Adani Group, despite the controversy surrounding it, has a proven track record and was well-equipped to handle the projects.

US case against Gautam Adani appears strong but extradition unlikely, experts say
Reuters  |  Dec 16, 2024

The US Justice Department declined to comment on whether the United States had asked India to extradite Gautam Adani.

Government seeks new investor for JKIA modernisation after Adani deal cancellation
Lucy Mumbi  |  Dec 02, 2024

Kiptoo assured that the new public-private partnership would be competitive and transparent, emphasising the airport's importance as a regional hub.

Mbadi: JKIA-Adani deal legally terminated with no financial impact
Lucy Mumbi  |  Nov 28, 2024

The Adani Group deal, which included the renovation and management of JKIA at a cost of Sh238 billion, was terminated a week after international corru...

Adani bribery allegations shine spotlight on India's clean energy puzzle
Reuters  |  Nov 28, 2024

India's states are unprepared for the rapid rise in renewable generating capacity, lack adequate transmission infrastructure and storage and would rat...

Government ordered to produce proof of Adani-JKIA deal cancellation
Lucy Mumbi  |  Nov 27, 2024

Adani’s legal team clarified that discussions with the government were still at a preliminary stage and no binding contract had been signed.

Adani presents India with big financing ultimatum
Reuters  |  Nov 25, 2024

Whatever happens, Adani will almost certainly face higher borrowing costs because agencies are lowering some outlooks in response to the indictment.

TotalEnergies pauses business with Adani, says it was not aware of US investigation
Reuters  |  Nov 25, 2024

The French firm purchased its stake in Adani Green Energy in January 2021 - after the Indian company won what was then the world's largest solar order...

Adani deals expose how lawmakers lack coherence, bow to presidential will - MP
Lucy Mumbi  |  Nov 25, 2024

MP Mbui pointed out that MPs have failed to maintain independent positions, undermining the electorate’s trust.

Adani Energy Solutions downplays Kenya project cancellation, cites no 'material impact'
Reuters  |  Nov 24, 2024

Adani Energy Solutions said in its statement on Saturday that it was not involved in the deal to manage and upgrade Kenya's Jomo Kenyatta airport.

US SEC issues summons for Gautam Adani, nephew on bribery claims
Reuters  |  Nov 24, 2024

Federal prosecutors issued arrest warrants for Gautam and Sagar Adani, alleging they participated in a $265 million scheme to bribe Indian officials t...

Pressure mounts on Ruto to terminate Adani-linked healthcare project
Maureen Kinyanjui  |  Nov 23, 2024

Wamalwa criticised both President Ruto and ODM leader Raila Odinga for supporting the Adani Group despite its questionable global reputation.

Adani fallout: Spotlight now turns to Sh104 billion health system deal
Maureen Kinyanjui  |  Nov 22, 2024

The President ordered the cancellation of the energy and aviation deals during his State of the Nation address, citing credible evidence of corruption...

What next? Lawmakers question legal, financial implications of terminating Adani deals
Lucy Mumbi  |  Nov 21, 2024

While the cancellation is seen as a positive step in addressing public concerns, questions remain over its long-term implications.

JKIA-Adani deal cancellation not enough, scrap SHIF contract too - Kenyans tell Ruto
Lucy Mumbi  |  Nov 21, 2024

The scrutiny surrounding Adani’s involvement in Kenyan projects continues, with many urging the government to sever all ties with the controversial co...

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