The cancellation follows U.S. prosecutors' indictment of Adani for allegedly conspiring in a $265 million bribery scheme involving Indian officials.
Kenyan President William Ruto ordered the cancellation of the airport and power transmission deals, citing new information from investigative agencies.
The Adani Group’s proposal to modernize Kenya's main airport, which included adding a new runway and terminal, has been canceled following the indictment.
The Adani Group faces growing legal challenges, with the U.S. Securities and Exchange Commission accusing the company of misleading investors during a 2021 bond offering.
Adani’s global business operations, especially in energy and infrastructure, are now under scrutiny after the U.S. bribery charges and Kenya's decision to cancel key deals.