According to an economic advisor to Kenya’s president, the Adani Group of India and a division of the African Development Bank have been granted a concession under a public-private partnership to construct power transmission lines.
President William Ruto’s chief economic adviser, David Ndii, stated in a post on X that the concession is valued at $1.3 billion. The African Development Bank and the Adani Group did not immediately respond to Reuters’ request for comment made outside of regular business hours.
Kenyans are outraged over a government proposal to lease the nation’s main international airport to the Adani Group, and the country’s aviation industry has gone on strike.
According to the plan, the Adani Group will lease the Jomo Kenyatta International Airport for 30 years in exchange for Adani investing $1.85 billion in the airport’s expansion. Kenya is struggling with a high debt load accumulated from years of splurging on infrastructure.
Opposition parties frequently criticize the Adani group, which runs seven airports in India, for receiving preferential treatment from governing bodies. The Adani group and Indian officials refute such allegations.
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