PPPs in Adani era calls for financing projects rethink

Nairobi Expressway

Nairobi Expressway along Waiyaki Way, Westlands.

Photo credit: File I Nation Media Group

The indictment of Gautam Adani, chairman of the Indian conglomerate Adani Group, over an alleged multibillion-dollar bribery and fraud scheme, has fuelled controversy about the company’s activities in Kenya.

Even before Mr Adani’s indictment by a New York court, there was controversy over the Adani Group’s proposed takeover of Jomo Kenyatta International Airport and its Sh95 billion investment in Kenya’s power transmission infrastructure. Both announcements generated a lot of controversy and ignited heated debates, especially on social media.

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