New PPPs model opens door for local firms after Adani deals flop

Modernisation of the Jomo Kenyatta International Airport (JKIA) was one of the projects to be undertaken by the disgraced Adani Group. [Boniface Okendo, Standard]

Kenyan firms are angling to invest in the country’s key mega infrastructure projects, including the Jomo Kenyatta International Airport (JKIA), months after the cancellation of lucrative deals to the Indian conglomerate Adani Group.

The government cancelled over $2.5 billion (Sh322.5 billion) in deals with Indian businessman Gautam Adani’s firm after his indictment for fraud, including the modernisation of Kenya’s biggest airport and the construction of power transmission lines.