Articles for tag: Adanis, Airport, Allegations, Controversial, Corruption, Deal, Erupt, Gautam, Government, Kenya, Lawsuits, marred, Protests, Secrecy

September 28, 2024

Protests erupt in Kenya over Gautam Adani’s controversial airport deal, marred by lawsuits, corruption allegations, and government secrecy.

Gautam Adani’s proposal to manage Kenya’s primary airport has led to widespread protests, legal challenges, and Senate hearings. The Adani Group is facing scrutiny amid allegations of corruption and a Swiss money laundering probe. A Kenyan court has frozen the deal, which would allow Adani to run Jomo Kenyatta International Airport for 30 years, fueling ...

September 8, 2024

Market News

Business

Adani Group expands globally, launching subsidiaries in China and Kenya to enhance supply chain capabilities and airport operations.

Adani Group is expanding its global footprint by establishing a new subsidiary in China called Adani Energy Resources (Shanghai) Co. (AERCL), which will focus on supply chain solutions and project management services. This new venture, registered on September 2, 2024, follows a similar move in Kenya with the formation of Airports Infrastructure PLC, aimed at ...