US judge ends graft case against India's Adani By AFP August 11, 2026 06:52 (EAT) Add as a Preferred Source on Google Follow us Follow on Whatsapp Follow on Google Follow on Twitter FILE PHOTO: The logo of the Adani Group is seen on the facade of its Corporate House on the outski …
… The Adani Group, which is in the process of taking over the company that previously owned the track, did not reply to a Reuters request for comment but Managing Director of Adani Ports & Special Economic Zone Ltd (APSEZ) Karan Adani has said he was "personally engaged" to brin …
… The project was previously halted last year after Kenya cancelled a 2024 agreement with India's Adani Group following the indictment of its founder in the United States. …
… The project was previously halted last year after Kenya cancelled a 2024 agreement with India's Adani Group following the indictment of its founder in the United States. …
… airport in Nairobi, the transport minister said.The East African nation is aiming to nearly triple Jomo Kenyatta International Airport's annual passenger handling capacity to 22 million, but had to pause the project last year after it cancelled a deal with India's Adani group …
… The project first sparked debate following a proposed involvement by the Indian conglomerate Adani Group, a move that generated intense political and public opposition before the arrangement was ultimately abandoned. …
… The contract has reportedly been awarded to the China Communications Construction Company following the collapse of a controversial proposal involving India's Adani Group, which had sought to take over and modernise JKIA through a public-private partnership arrangement. …
India's Adani to pay $275 mn settlement to US over alleged Iran sanctions violations By AFP May 18, 2026 10:22 (EAT) Add as a Preferred Source on Google Follow us Follow on Whatsapp Follow on Google Follow on Twitter Chairperson of Indian conglomerate Adani Group, Gautam Adani, i …
A US federal judge dismissed charges against Indian billionaire Gautam Adani after the Trump administration dropped fraud and bribery allegations stemming from a 2024 case alleging a $265 million scheme to bribe Indian officials for solar energy contracts.
A US federal judge dismissed charges against Indian billionaire Gautam Adani after the Trump administration dropped fraud and bribery allegations stemming from a 2024 case alleging a $265 million scheme to bribe Indian officials for solar energy contracts.
India's government is working to resolve tax and regulatory hurdles to bring Formula One back to the Buddh International Circuit near New Delhi in 2028, more than a decade after the Indian GP was dropped following its 2013 running. Sports Minister Mansukh Mandaviya has met stakeholders including the Adani Group and the motorsports federation, and said a task force would be set up to revive the race.
Kenya Electricity Transmission Company (KETRACO) has disclosed a public-private partnership proposal to develop five high-voltage electricity transmission lines at a cost of between Sh50 billion and Sh65 billion, with a consortium of three firms having submitted proposals for the projects.
Kenya has signed a Ksh.154.2 billion contract with China Road and Bridge Corporation (CRBC) for the expansion of Jomo Kenyatta International Airport, with the project set to take 36 months following the completion of the JKIA Master Plan in February 2026.
Kenya has signed a Ksh.154.2 billion contract with China Road and Bridge Corporation (CRBC) for the expansion of Jomo Kenyatta International Airport, with the project set to take 36 months.
Kenya has contracted the Trade and Development Bank and Africa Finance Corporation to arrange $1.2 billion in financing for expanding Jomo Kenyatta International Airport's annual passenger capacity to 22 million. The project, expected to cost a maximum of 154.2 billion shillings, will take three years to complete and will be funded through airport-based revenue streams alongside Development Financial Institutions and commercial banks.
Companies bidding to upgrade Jomo Kenyatta International Airport must show access to at least Ksh.100 billion in liquid assets, real assets free of debt, lines of credit, or other financial means within the last six months, according to tender evaluation requirements from the Ministry of Roads. The tender also requires bidders to accept a deferred payment plan, with an upfront payment of 10 per cent of the contract sum after providing a bank guarantee.
The government has contracted IMC Construction Kenya, owned by Zimbabwean businessman Wicknell Chivayo, and China Road and Bridge Corporation for a Sh375 billion project to expand and modernise Jomo Kenyatta International Airport. The deal has sparked concerns similar to those raised over the rejected Adani proposal, particularly regarding lack of transparency in the bidding process.
The Law Society of Kenya has called for full public disclosure of a reported Ksh.375 billion contract awarded to China Communications Construction Company for the expansion and modernisation of Jomo Kenyatta International Airport, citing concerns over transparency, procurement procedures, and financing arrangements.
Adani Enterprises Limited will pay the US Treasury $275 million to settle a probe into 32 apparent violations of US sanctions against Iran involving purchases of liquefied petroleum gas shipments between November 2023 and June 2025.