Kenyan President cancels JKIA deal with Adani Group Holding

During the State of the Nation address in Parliament, Kenyan President William Ruto announced the termination of the government’s contractual engagement with the Adani Group regarding its proposal for a 30-year lease agreement for Jomo Kenyatta International Airport (JKIA). The President has instructed Transport Cabinet Secretary Davis Chirchir and Energy Cabinet Secretary Opiyo Wandayi to conclude the ongoing public-private discussions with the Indian conglomerate.

President Ruto noted that his decision was influenced by credible evidence of corruption. He emphasised that this decision arose from significant transparency concerns related to the deal’s violations. Although the Adani deal is no longer an option, the President stated that they will immediately seek alternative partners, which is crucial for the country’s interests.