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Kenya: Ruto Cancels Major Deals with Adani Group

allAfrica.com Friday, 22 November 2024 ()
[Business Day Africa] President William Ruto has ordered the immediate cancellation of Adani Group deals involving Jomo Kenyatta International Airport (JKIA) and the Kenya Electricity Transmission Company (Ketraco), stating that he is a listening leader.
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News video: KENYAN PRESIDENT CANCELS MAJOR ELECTRICITY AND AIRPORT DEALS

KENYAN PRESIDENT CANCELS MAJOR ELECTRICITY AND AIRPORT DEALS

President William Ruto has canceled two main deals involving Jomo Kenyatta International Airport (JKIA) and the Kenya Electricity Transmission Company (Ketraco) with Indian billionaire Gautam Adani after he was indicted for fraud by U.S. prosecutors.Adani was accused of orchestrating a U.S.$250...

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