Adani Group Stories

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...

Mbadi: Adani deals still in early stages, can be cancelled anytime
Lucy Mumbi  |  Nov 21, 2024

Mbadi also emphasised that the government was still conducting due diligence on Adani's proposals and had not yet begun formal negotiations.

Ruto cancels JKIA, KETRACO deals with Adani Group after bribery scandal
Maureen Kinyanjui  |  Nov 21, 2024

Ruto said the decision was due to "new information provided by partner nations" after the Indian billionaire was indicted for fraud in New York.

Key events in Gautam Adani's US indictment over alleged bribery scheme
Reuters  |  Nov 21, 2024

Apart from the bribery scheme, US authorities have also alleged Gautam raised over $3.5 billion between 2021-24 from global financial institutions bas...

This man Adani: High school dropout who turned into controversial Indian tycoon
Reuters  |  Nov 21, 2024

In interviews with local and foreign media, Adani has called himself a shy person and credited the rise of his popularity in part to the political att...

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